Movoto Real Estate
Sold on 05/27/2026
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416 Lime, Long Beach, CA 90802

  • $1,025,000

    Last sold 05/27/2026 after 65 Days

  • bed

  • bath

Multi-family not for sale
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About 416 Lime

Property type Multi-family
Neighborhood
Year built 1905
HOA fee $0/month
Lot size 2,026 Sqft
Rental estimate
Property description
Prime Location Where Retro Row Meets Downtown Long Beach. This beautifully updated duplex sits in an unbeatable location, just steps from the best of Long Beach living. The spacious owner’s unit is a true loft-style two-story home featuring 3 bedrooms and 2 bathrooms. With an open-concept layout, it feels remarkably expansive and bright. Enjoy modern comforts including in-unit laundry, forced-air heating, updated flooring, quartz counters, and fresh cabinetry throughout. The wide-open living space is perfect for relaxing or entertaining. The separate 1 bedroom, 1 bathroom unit on the south side of the property offers the same thoughtful updates—open floor plan, new flooring, counters, and cabinets—making it ideal for guests, extended family, or easy rental income. Additional features include a large paver driveway with tandem parking for two vehicles and a convenient outdoor storage shed. The roof was just replaced in 2023 and the foundation had a major retrofit in 2018. Location Highlights: Just 4 blocks south to the sand and ocean 4 blocks west to vibrant Pine Avenue with dining, shopping, and nightlife Direct access to the Long Beach Aquarium and Long Beach Convention Center 4 blocks to the Metro Blue Line for quick commutes to downtown LA Less than 2 miles to the 710 Freeway Whether you're looking for a primary residence with income potential or a turnkey investment property, this duplex delivers exceptional value in one of Long Beach’s most desirable neighborhoods.
Listed by
Listing Agent - Anthony Walker
Listing Agent Contact: 310-561-4776
Listing Office - Buckingham Investments, Inc
Source: CRMLS mls logo
MLS#SB26063791 • last updated 3 weeks ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style Two, Traditional
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.0465
Lot Size (SqFt) 2026
Year Built 1905
Interior
Laundry In Kitchen
Flooring Laminate
Appliances Gas Range, Gas Oven
Interior Features Quartz Counters, Open Floorplan
Accessibility Features None
Exterior
Foundation Raised
Construction Stucco
Building Area Square Feet, 2204
Roof Composition
Parking Driveway - Combination
# Uncovered Spaces 2
# Parking Spaces 2
Lot Description Rectangular Lot
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Urban
Subdivision Downtown (DT), Downtown (DT)
Directions East Side Of Lime Ave, Just North Of 4th St.
APN 7281006029
Multifamily Details
Vacancy Allowance Rate 5
Expense: Trash 360
Operating Expense 25353
Cap Rate 3.4
Expense: Insurance 2755
Total Expenses 25353
Expense: Maintenance 2964
Expense: Water/ Sewer 360
Gross Income 62400
Gross Operating Income 59280
Expense: Electric 360
Gross Multiplier 16
Gross Scheduled Income 62400
Expense: Fuel 360
Expense: Gardener 1200
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
Rental est.: $1,251/month
Gross rent multiplier: 66.3
  • May 2026
    mls logo MLS # SB26063791
  • May 27, 2026 Sold
    $1,025,000 (+3.0%)
  • Apr 13, 2026 Active
  • Mar 23, 2026 Listed
    $995,000 (+135.7%)
  • Jan 2017
    mls logo MLS # SB16742663
  • Jan 18, 2017 Sold
    $422,200
  • Jan 18, 2017 Sold
    $422,200 (-4.5%)
  • Dec 19, 2016 Pending
  • Dec 8, 2016 Listed
  • Nov 30, 2016 Pending
  • Nov 23, 2016 Active
  • Nov 7, 2016 Listed
    $442,000
  • Nov 7, 2016 Listed
    $442,000
  • 416 Lime
    $1.02M
  • Downtown Long Beach
    $484K +10% y/y
  • 90802
    $499K 0% y/y
  • Long Beach
    $700K -2% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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