Listing provided courtesy of Malcolm Zeger of Buckingham Investments, Inc. Last updated 2026-06-19 08:11:18.000000. Listing information © 2026 Sandicor.
Asking Price: $1,800,000 |
227 Lime, Long Beach CA 90802
Community: 4 - Downtown Area, Alamitos Beach
This Apartment property was built in 1923 and is priced at $1,800,000. Please see the additional details below.
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.
