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526 Lime Ave
Long Beach, CA 90802
11.81 GRM | East Village Arts District · Multifamily Property For Sale
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8 Units
Investment Highlights
- Priced at 11.81 GRM / 5.74% Cap Rate on Current Rents
- Excellent Mix of One- and Two-Bedroom Units
- Most Units Offer In-Unit Washer/Dryers
- Prime East Village Arts District Downtown Location / 94 Walk Score / 91 Bike Score
- 7 of 8 Units Fully Remodeled
- 8 Parking Garages, One per Unit
Property Facts
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,770 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1923 |
| Building Class | C | Parking Ratio | 1.68/1,000 SF |
| Zoning | PD30 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,770 SF |
| No. Stories | 2 |
| Year Built | 1923 |
| Parking Ratio | 1.68/1,000 SF |
| Zoning | PD30 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | - | 650 |
| 2+1 | 4 | - | 625 |
| 1+1 | 3 | - | 540 |
Property Taxes
| Parcel Number | 7281-003-013 | Improvements Assessment | $714,000 |
| Land Assessment | $1,351,500 | Total Assessment | $2,065,500 |
Property Taxes
Parcel Number
7281-003-013
Land Assessment
$1,351,500
Improvements Assessment
$714,000
Total Assessment
$2,065,500
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