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1882 Lime Ave, Long Beach, CA 90806

$1,387,000
Last sold 07/29/2018 for $1.11M
9
bed
5
bath

House not for sale

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About 1882 Lime Ave

Property type House

Neighborhood

Year built 1928

HOA fee $0/month

Lot size 5,536 Sqft

Movoto estimate

Property description

We are pleased to present 1882 Lime, a large 4 Unit Income Producing Property with additional non-permitted 5th unit for additional cash flow. Located in the Poly Neighborhood of Long Beach, this property is comprised of 4 2 bed/1bath units and 1 3bed/2bath unit spread across 2 buildings. 4 garages and laundry room for additional cash flow. Owner's have invested to upgrade roof, exterior, 3 of 5 units have been redone within the last year. Priced at 12.23 GRM and a 5.1% Cap Rate on current rents with 11%

Listed by

Listing Agent - John

Listing Office - Buckingham Investments, Inc

Source: San Diego MLS

MLS#SB18150381 • last updated 6 years ago

Movoto checked San Diego MLS for data 1 minute ago

Overview
Status	SOLD
SubType	Res Income 2-4 Units
MLS #	SB18150381
Lot Size (SqFt)	5536
Year Built	1928

Amenities / Utilities
Water Source	Meter On Property
Pool Desc	N/K

Location
Neighborhood	Signal Terrace (SGT)
County	Los Angeles
Directions	Lime And 18th

Multifamily Details
Total # of Units	4
Gross Rent Multiplier (Actual)	12.23
Gross Scheduled Income	95280

$1.38M

Range: $1.12M-$1.65M

Last 30 days

Lower your payment with the loan terms that fit you.

Jul 2018
MLS # SB18150381
Jul 29, 2018 Sold
$1,110,000
Jul 29, 2018 Sold
$1,110,000 (-4.7%)
Jul 18, 2018 Pending
—
Jun 30, 2018 Active
—
Jun 22, 2018 Listed
$1,165,000 (-29.4%)
Jun 22, 2018 Listed
$1,650,000 (+43.5%)
Jun 2018
MLS # SB18068079
Jun 7, 2018 Pending
—
Apr 2, 2018 Price Change
$1,150,000 (-4.2%)
Mar 25, 2018 Listed
$1,200,000 (+34.8%)
May 2017
MLS # DW16712186
May 10, 2017 Sold
$890,000
May 10, 2017 Sold
$890,000
Apr 27, 2017 Pending
—
Feb 27, 2017 Active
—
Jun 10, 2016 Listed
$890,000 (-3.8%)
Jun 10, 2016 Listed
$925,000 (+50.4%)
Jul 2013
MLS # OC13087278
Jul 15, 2013 Sold
$615,000 (+4.4%)
May 10, 2013 Listed
$589,000 (+16.9%)
Dec 2003
MLS # P340515
Dec 2, 2003 Sold
$504,055 (+39.2%)
Apr 25, 2003 Listed
$362,000

1882 Lime Ave
$1.11M
Central Long Beach
$475K -8% y/y
90806
$830K +10% y/y
Long Beach
$699K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1890 Lime Ave, Long Beach, CA 90806	$660,000	2/1	988	0.01
720 E 19th St, Long Beach, CA 90806	$779,000	3/3	1,740	0.01
726 E 19th St, Long Beach, CA 90806	$592,000	2/1	904	0.02
1864 Lime Ave, Long Beach, CA 90806	$599,000	2/1	1,116	0.02
1902 Lime Ave, Long Beach, CA 90806	$493,000	2/1	952	0.03
719 E 19th St, Long Beach, CA 90806	$683,000	2/1	1,068	0.03
1871 Olive Ave, Long Beach, CA 90806	$980,000	6/5	2,797	0.03
1895 Olive Ave, Long Beach, CA 90806	$643,000	2/1	836	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.