James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

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listing
1 of 24
Residential IncomeFor Sale
$2,890,000
2370 Lime Avenue
Long Beach, CA 90806
Listing Office: Global Platinum Properties, Inc.
MLS: California Regional MLS (CRMLS)
16Beds
12Baths
6,440Sq Ft
Est. Mortgage
$15,018/mo

Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.25% 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 operating expenses.

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Information courtesy of Global Platinum Properties, Inc. is subject to verification and is not guaranteed.
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