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LKV Realty, LLC

4425 Ponce de Leon

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Coral Gables, FL 33146

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$1,495,000

$6,000Reward *

728 Lime Ave Ave, Long Beach, CA 90813Listing ID SB25233581

728 Lime Ave Ave, Long Beach, CA 90813

Active

Downtown (DT)

Time on site: 318 days • Last updated: Oct 7, 2025

Property Type

Residential Income

Property Sub Type

Apartment

Square Feet

5,707

Acres

0.17

Days on Site

292

Cooling

None

Year Built

1912

Listing provided by Anthony Walker • Buckingham Investments, Inc, (310) 982-7055

Market Report for 90813

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*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.

sbwalkant • SBESSJOSH

Huge 6 unit campus property with three large units in front, Craftsman bungalow in the middle, and two brand new 2025 construction ADUs in the rear totalling 5707 rentable square feet on a 7500 square foot lot. Great unit mix averaging 950 square feet with one 5 bed, 2 bath unit, four 2 bed, 1 bath units, and one 1 bed, 1 bath unit. Aggressively priced at $262/square foot, 9.8X GRM and 6.2% cap rate on actual rents plus an 8% upside to 9X GRM and 6.9% cap rate on market rents. Brand new electrical main panel. Skip the smaller properties and go straight to commercial positive leverage with rates in the high 5%'s and a 6.2% cap rate on actual rents. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 7 blocks to the beach.

Property Information

Property Details

Location

Address

728 Lime Ave Ave

County

Los Angeles

City

Long Beach

Zip Code

90813

Subdivision

Downtown (DT)

MLS Area

4 - Downtown Area, Alamitos Beach

Interior Features

Other Rooms

Laundry Features

None

Building

Building Information

Square Feet

5,707

Year Built

1912

Stories

Construction

Stucco

Foundation

Raised, Slab

Roof

Composition, Flat

Financial

Special Conditions

Standard