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820 Lime Ave Long Beach, CA, 90813
$2,750,000 Commercial for sale Other
820 Lime Avenue is an 8-unit, apartment building located in Long Beach, California. The property is priced at 5.51% cap rate and 11.64 GRM at current rents. The property is comprised of a unique mix of two (2) 5 BD / 2 BA units; two (2) 3 BD / 1.5 BA units; two (2) 3 BD / 1 BA units; and two (2) 2 BD / 1 BA units. The asset is separately metered for both gas and electric, and boasts a ±10% upside in rents. An onsite laundry / storage room offers the opportunity for additional income. The five (5) garages offer the opportunity for ADU conversion.
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Property details
8,195 sqft interior area
Land area
7,501 sqft (0.17 acres)
Days on Verhouse
143
Address
820 Lime Ave, Long Beach, CA, 90813
City of California
Long Beach
County
Los Angeles
Year Built
1927
District
Listing
Nearby major retailers
Costco
Lowe's
Whole Foods Market
Trader Joe's
Mercedes-Benz
ALDI
Toyota
Walmart Supercenter
T-Mobile
Wholesale: 1
Do it yourself: 1
Supermarket: 6
Car: 1
Car repair: 1
Mobile phone: 1
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Listed by
Robert Stepp, Keller Williams - Santa Monica
Name
Robert Stepp
License number
01456379
Brokerage company
Keller Williams - Santa Monica
MLS #
CRPW23229468
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Calculate your monthly payments
Mortgage
$8,444
Taxes
$0
HOA dues
$0
Mortgage
$550,000 / 20%
2.28%
30 years
Your amount
$8,444 / month
Lot details
TMK #7274021008
Parcel nr.
7274021008
90813 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90813
44%
Families with children
National average: 39%
49%
Non family households
357,368
Population
$84,412
Average Income
Age & gender
Median age 35 years
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Commute types
79% commute by car
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Education level
20% have bachelor education
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Number of employees
2% work in management
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Vehicles available
48% have 1 vehicle
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Vehicles by gender
48% have 1 vehicle
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Housing market insights for
$906.07k
Neighborhood average
sales price*
sales price*
$661.42k
Neighborhood median
sales price*
sales price*
512
Number
of sales*
of sales*
Housing type
33% are small apartments
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Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
47% have 2 or 3 bedrooms
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Owners vs Renters
71% are renters
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16.67 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Dec 22, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Dec 22, 2023 | New Listing | $2,750,000 | 0 | MLS #CRPW23229468 |
Taxes of 820 Lime Ave, Long Beach, CA, 90813
LBR4 zoning / MLS #CRPW23229468
Zoning
LBR4
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Frequently Asked Questions about 820 Lime Ave
What is 820 Lime Ave?
820 Lime Ave is a Commercial/Industrial propertywith 8,195 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
820 Lime Ave, Long Beach, CA, 90813.
What comparable properties are nearby?
Comparable nearby commercial properties include 1000 E 10th St, 1127 Olive Ave, 1135 Olive St, 928 Long Beach Blvd, 1049 E 5th St, 1135 Linden Ave.
Based on information from the bridgeMLS as of 05-12-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 16, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Superior Grocery, 0.44 miles away and El Super, 0.45 miles away.
The 90813 zip area has a population of 357,368, and 44% of the families have children. The median age is 35.17 years and 79% commute by car. The most popular housing type is "small apartment" and 71% is renter.
