Listing provided courtesy of Armin Soleimani of Global Platinum Properties, Inc.. Last updated 2025-06-15 08:11:30.000000. Listing information © 2024 Sandicor.
Asking Price: $2,995,000 |
2370 Lime, Long Beach CA 90806
Community: 9 - Poly High
This property was built in 1930 and is priced at $2,995,000. Please see the additional details below.
8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6% 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.
