5320 Lime Avenue

Long Beach , CA 90805

MLS#: RS25137950

$2,375,000

Status: Active
Listing number: RS25137950
Listing provided by: Addax Realty Co.
Listing agent phone: None
Last update: a month ago
On site: a month ago
Browse Properties
not known - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1956

Sq.Footage

N/A

Two Residential Income Buildings! Both 5220 and 5334 Lime Ave, each with separate parcial, will be sold together. Consisting of a total of 11 one bedroom and one bathroom units, with three (3) one care garages and 11 parking spaces and Laundry room with coin washer and dryer. This is a very well maintained property! Newer exterior paint and new roof (3 +/- years old). Property is centrally located near schools, shopping and easy freeway access. All current tenant are long-term tenants.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Features

    Paved

  • Lot Size(acres)

    0.1734

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,375,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Paulo Menezes , Addax Realty Co.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Two Residential Income Buildings! Both 5220 and 5334 Lime Ave, each with separate parcial, will be sold together. Consisting of a total of 11 one bedroom and one bathroom units, with three (3) one care garages and 11 parking spaces and Laundry room with coin washer and dryer. This is a very well maintained property! Newer exterior paint and new roof (3 +/- years old). Property is centrally located near schools, shopping and easy freeway access. All current tenant are long-term tenants.

5320 Lime Avenue

Message successfully sent.

What would you like to know?

Related Properties

New on site 3 days ago
615 Cerritos Ave presents a rare opportunity to acquire a well-maintained multifamily property in one of Long Beach’s most desirable rental markets. Close Proximity to Retro Row and the East Village Arts District, this clean 8 unit building features all large 2-bed/1-bath units with excellent layouts and strong tenant appeal. One unit will be delivered rent-ready, offering immediate income upside or owner-user potential. The building has received several recent upgrades, including a new roof (2019, resealed 2025), 100-amp main panels, and subpanel upgrades in each unit, to be completed by August 4th. The property also boasts fresh exterior paint, new gutters, and sits on a quiet street just steps from Franklin Middle School and the Museum of Latin American Art. Additional value-add potential exists with garage ADU conversion possibilities, and two rear storage/laundry rooms currently not in use. With no tuck-under parking, the property avoids seismic retrofit requirements, making it easy to own and low maintenance. With Long Beach preparing to host several Olympic competitions in 2028, the city is poised for international attention and long-term economic growth. This global spotlight, combined with ongoing infrastructure improvements and civic investment, makes Long Beach an increasingly attractive market for real estate investors.
#SB25166797

Long Beach

615 Cerritos Avenue

None Beds

None Baths

6,144 Sq.Ft.

$2,150,000

MLS#: SB25166797

3301 E Artesia Blvd offers a compelling opportunity to acquire a 9-unit multifamily asset in the heart of North Long Beach, a submarket experiencing steady tenant demand and ongoing revitalization. The property is comprised of two buildings: a standalone 3-bedroom/2-bath front house and a rear 8-unit structure with a mix of five 2-bedroom/1-bath units and three 1-bedroom/1-bath units. It includes 20 total parking spaces, a nice feature in this dense rental pocket. Built in 1952, the asset delivers immediate cash flow with a strong in-place 5.95% CAP and 10.79 GRM. Market projections indicate further upside, with a 7.75% market CAP and 8.96 GRM achievable through modest rent increases. Priced at just $255,000 per unit, the offering presents an attractive cost basis with room for growth. Centrally located with quick access to the 91 and 710 freeways, 3301 E Artesia Blvd is well-positioned to benefit from Long Beach’s continued growth in population, infrastructure, and housing demand. For investors seeking day-one income with long-term upside potential, this is a valuable opportunity in a high-demand rental corridor.
#PW25163975

Long Beach

3301 E Artesia Boulevard

None Beds

None Baths

7,034 Sq.Ft.

$2,300,000

MLS#: PW25163975

Rarely on the market Beach front Spanish Duplex that has been upgraded throughout! A gorgeous shoreline gem that sits proudly across from Alamitos Bay and just short steps from the sandy beach. The sizeable 2 bedroom, 1 bathroom upstairs unit features beautiful hardwood floors throughout, a living room plus a small office space with panoramic beach views, and a formal dining room. The kitchen has been remodeled with newer high-end appliances, a small in-unit laundry area with hookups for a stackable washer & dryer, and lastly a large patio area/back deck off the kitchen that is great for entertaining. The spacious 1 bedroom, 1 bathroom downstairs unit boasts those beautiful hardwood floors again, a huge living room with expansive bay views and a warm romantic fireplace. The kitchen has been remodeled with high-end appliances and eat-in dining, a small in-unit laundry area with hook ups for a stackable washer and dryer. Additionally, this beautiful beachfront building includes an expansive brick beachfront deck ideal for breathtaking ocean views and unforgettable entertainment, a large 2-car garage, upgraded electrical panels, dual pane windows throughout, central heating and more! Residents of this beautiful duplex can enjoy swimming and windsurfing in the bay, sailing the swells, sunbathing in the warm sun by the shore, taking a short stroll 2nd Street for its unique boutiques, restaurants, and entertainment spots, as well-as the other endless amenities that the community of Belmont Shore has to offer. Ideal for owner-occupancy with a beautifully appointed unit to call home while generating income from the other. Don’t miss this rare opportunity!
#PW25164263

Long Beach

57 Bay Shore Avenue

None Beds

None Baths

1,967 Sq.Ft.

$2,095,000

MLS#: PW25164263

Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just nine minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market
#DW25162594

Long Beach

833 Cedar Avenue

None Beds

None Baths

6,494 Sq.Ft.

$2,050,000

MLS#: DW25162594

1425 Cedar Avenue is a 10- unit apartment asset located in the Washington District of Long Beach. The value-add opportunity is priced at 10.57 GRM and 6% Cap Rate at current rents and 7.76 GRM and a 9.16% Cap Rate at market rents. In addition to the 32% of rental upside, a buyer has the ability to add four (4) studio ADU’s to the back garages. ADU plans are ready to be submitted to the city of Long Beach for approval. After ADU construction, the GRM projects to be 6.06 with a Cap Rate above 11%. The current property is comprised of (8) 1 Bed/1Bath units and (2) 2 Bed/1 Bath units with some units lightly renovated with new flooring and updated kitchen and bathrooms. With a Walk Score of 84, the property is ideally positioned for tenant convenience, offering close proximity to a wide range of amenities, including shops, restaurants, and entertainment venues. Directly across the street is Washington Middle School, which is currently undergoing a massive $176 million reconstruction project that will further improve its vibrant neighborhood. 1425 Cedar Avenue offers investors a well-maintained asset with upside in an infill location experiencing continued growth and revitalization.
#PW25151840

Long Beach

1425 Cedar Avenue

None Beds

None Baths

6,222 Sq.Ft.

$2,195,000

MLS#: PW25151840

HIGHLY SOUGHT-AFTER BEACH LOCATION in Beautiful Belmont Shore. 24 Roswell Avenue presents an exceptional opportunity to own a charming 5-unit multifamily property just steps from the sand in the heart of Belmont Shore. Featuring a desirable mix of (3) one-bedroom, one-bath units and (2) studio units, this property offers a perfect blend of beachside tranquility and urban convenience. Unbeatable Location: Walk to the beach, Veterans Pier, top-rated restaurants, shopping, and entertainment. Rare Parking Amenities: Includes seven covered carport spaces plus one private garage RARE! — a major bonus in this high-demand coastal community. Natural Light & Ocean Breeze: Each unit is filled with light and offers refreshing ocean air; tenants enjoy a common balcony for relaxation. On-Site Laundry: Communal laundry room with owner share in machine proceeds. Consistently High Tenant Demand: Units lease quickly due to location, amenities, and walkability. Whether you're an investor seeking reliable cash flow in a strong rental market or looking to secure a legacy asset in one of Long Beach’s most coveted neighborhoods, 24 Roswell Avenue is a must-see. Don’t miss your chance to own a piece of coastal paradise!
#OC25156526

Long Beach

24 Roswell Avenue

None Beds

None Baths

2,999 Sq.Ft.

$2,175,000

MLS#: OC25156526

Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.
#PW25143605

Long Beach

1083 Gaviota Avenue

None Beds

None Baths

7,093 Sq.Ft.

$2,500,000

MLS#: PW25143605

We are pleased to present 207 Mira Mar Avenue, Long Beach. This pride-of-ownership asset consists of five 1-bedroom/1-bathroom units only two blocks from the beach in the highly desirable Belmont Shore neighborhood. All five units are fully or partially remodeled, generating over $10,000 in monthly gross income. The property features significant capital improvements, including copper plumbing, a new electrical panel, new decks and railings, an updated roof with silicone coating, and newly installed gates and bike racks. Additionally, two single-car garages (400 sq ft) and a storeroom with plumbing (140 sq ft) on the lower-level present tremendous potential for ADU conversion (buyer to verify). Located in a high-demand rental market driven by proximity to the beach, recreational amenities, and Long Beach’s thriving economy, this exceptional property combines stable cash flow with future growth potential, making it an ideal addition to any investment portfolio.
#SB25148798

Long Beach

207 Mira Mar Avenue

None Beds

None Baths

3,592 Sq.Ft.

$2,150,000

MLS#: SB25148798

Turnkey asset featuring Four (4), large 3-Bedroom / 1-Bath units (1,093 square feet each), and a 3-Bedroom / 1 Bath House. The property has been extensively renovated and minimal deferred maintenance. This garden-style property includes a secure gated entry, Four (4) Single-Car Garages, and one private uncovered driveway space. Located in an opportunity Zone with PD-30 zoning, allowing for unlimited high density residential potential. Additionally, the area is not subject to local rent control other than AB 1482. Note, this asset can also be sold with the adjacent 2 Unit Parcel with Open Land.
#OC25141984

Long Beach

1113 Pacific Ave

None Beds

None Baths

5,468 Sq.Ft.

$1,999,000

MLS#: OC25141984

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here