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Listed by Buckingham Investments, Inc, Malcolm Zeger, Listing Contact: [email protected]

$1,800,000

227 Lime, Long Beach CA, 90802

Price per sqftN/A
Built in1923
Property typeMulti-family

Overview

Active

Listed May 6, 2026

Updated 39h ago

Available again! 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.

$11,975/mo

Est. mortgage payment based on a $1,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRSB26098575

Interior Features

Basement
No

Exterior Features

Lot Size
0.09 Acres
MLS provider logo

Listed by Buckingham Investments, Inc, Malcolm Zeger DRE:02013882,
Listing Contact: [email protected] 

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Data last updated 4:52 AM UTC, 10/6/2026

 

 

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