1882 Lime Avenue,  Long Beach CA, 90806 (Residential Income)

4,012 sqft
Status: Active
MLS#: DW16712186
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Last Updated: 12/10/2016 2:23 AM
Description for 1882 Lime Avenue Long Beach, CA 90806
We are pleased to present this turn-key two building two-story property, consisting of one non conforming two-bedroom/ one-bathroom unit, three two-bedroom/ one-bathroom units and one three-bedroom/ two bathroom unit. Included are also four garages. This property is located in the City of Long Beach, near the intersection of Atlantic Boulevard and Pacific Coast Highway. This offering has recently undergone $85,000 of renovations, which include new windows, new tile and wood floors, renovated kitchens in all units, copper piping and a main sewer line in the front building, exterior staircase, and a tankless water heater. One of the two bedroom units is a non-conforming unit. While the non conforming unit shares one meter, the other four units are separately metered for gas and electric. This property is gated and contains an inner courtyard. The property is just two miles from the beach as well as Downtown Long Beach and five miles to Long Beach Airport. This property's location provides tenants easy access to major shopping, entertainment, and employment opportunities. The property is also in close proximity to schools, hospitals, and parks.
Price
$925,000
Los Angeles
4,012 (approx)
DW16712186
Active
Description
We are pleased to present this turn-key two building two-story property, consisting of one non conforming two-bedroom/ one-bathroom unit, three two-bedroom/ one-bathroom units and one three-bedroom/ two bathroom unit. Included are also four garages. This property is located in the City of Long Beach, near the intersection of Atlantic Boulevard and Pacific Coast Highway. This offering has recently undergone $85,000 of renovations, which include new windows, new tile and wood floors, renovated kitchens in all units, copper piping and a main sewer line in the front building, exterior staircase, and a tankless water heater. One of the two bedroom units is a non-conforming unit. While the non conforming unit shares one meter, the other four units are separately metered for gas and electric. This property is gated and contains an inner courtyard. The property is just two miles from the beach as well as Downtown Long Beach and five miles to Long Beach Airport. This property's location provides tenants easy access to major shopping, entertainment, and employment opportunities. The property is also in close proximity to schools, hospitals, and parks.
Listing Information
Property Type: Cluster, 2 Story
0.13 Acres 566,280 sq.ft. 4,012 (approx)
$230.56 1928
Yes- 4 spaces 2
5 Total
Neighborhood
Room Information
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces, Garage
None
No Pool
Gutters, Sidewalks, Street Lights, Curbs Walk, Storm drains
Driving Directions
From I-405: take Atlantic Ave Exit, Left onto E 19th St, Right onto Lime Ave
Financial Considerations
7210015014
$77,100 Income ,$24,516Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90806 has a population of 463,589.

The median household income in Long Beach, California 90806 is $52,900. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Long Beach 90806 is 33.2 years.

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Courtesy: Marcus & Millichap Capital C. Jesse Elsanhuty
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