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$1,800,000

$6,000Reward *

227 Lime, Long Beach, CA 90802Listing ID SB26098575

227 Lime, Long Beach, CA 90802

Active

East Village Arts District

Time on site: 68 days • Last updated: May 12, 2026

Property Type

Residential Income

Property Sub Type

Apartment

Square Feet

3,424

Acres

0.09

Days on Site

Year Built

1923

Priced to sell at only $163k per door. This 11-unit building is located in the East Village Arts District of Long Beach. Priced with very high in-place cash flow at close with actual rents resulting in an 9.52X GRM and 6.8% cap rate. Low maintenance building with very little gardening required. This property is located only 3 blocks from the beach and within walking distance to shopping centers, medical facilities, grocery stores, and dining. Don't miss out on this incredible opportunity! Offering memorandum in supplemental materials. One unit is currently vacant.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

sbzegemal

227 Lime, Long Beach, CA 90802

Market Report for 90802

Property Information

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