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Listed by: Malcolm Zeger (626) 483-7983 DRE #02013882 | Buckingham Investments, Inc (310) 982-7055
$1,800,000
Monthly Est:$8,959
7 Beds
11 Baths
3,424sqft
227 Lime, Long Beach, CA 90802
$1,800,000
$8,959/moEst:
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Apartment
Built in 1923
$-- HOA
3,750 sqft lot
$526/sq.ft
Description
Available again! Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 5, 2026 at 4:46 pm
- Source: California Regional MLS-CA | MLS#: SB26098575
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1923
HOA Fees
-
Finished Area
3,424 sqft
Lot Size
3,750 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26098575
MLS Status
Active
Days on Market
3
Cumulative Days on Market
109
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 11
Interior
Sewer
Public Sewer
Utilities & Energy
Water Source
Public
Laundry Features
None
Pool Features
None
Other Features
Community Features
Urban
Lot Features
Eleven To Fifteen Units Acre
Subdivision Name
East Village Arts District
Price History
| Date | Event | Price |
|---|---|---|
10/05/2026 Source: | Listed for Sale | $1,800,000 $526/sqft |
08/07/2026 Source: | Off Market | $1,800,000 $526/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 11:15PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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