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Listed by: Armin Soleimani (310) 666-2246 DRE #01846872, Julio Ruiz DRE #01911261 | Global Platinum Properties, Inc. (424) 394-1030
$2,795,000
16 Beds
- 12 Baths
6,440sqft
2370 Lime Ave, Long Beach, CA 90806
$2,795,000
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Multi Family
Built in 1930
$-- HOA
6,427 sqft lot
$434/sq.ft
Description
2nd Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.5% from day 1! Attractive 2.05M assumable financing at an incredibly low interest rate of 4.9% fixed through 01/01/2028. Large unit mix of 4 (3Bed/1.5Bath) units in front plus 4 (1Bed/1Bath) units in the back including 2 brand-new ADUs. Each of the three-bedroom units come with interior laundry and their own one car garage/storage in the back. Many units boast upgrades such as modern cabinets, new flooring, updated kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the ope...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
6,440 sqft
Lot Size
6,427 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25619789
MLS Status
Active
Days on Market
18
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