Home | Los Angeles County | Long Beach | 90813 | 728 Lime Ave
728 Lime Ave, Long Beach, CA 90813
MLS: CRSB26112026 | Status: | Price: $1,605,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
7,501 |
1912 |
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.
| Field |
Value |
| MLS # |
CRSB26112026 |
| MLS Source |
California Regional MLS |
Features
Interior Features
| Feature |
Details |
| Laundry |
None |
| Cooling |
None |
Exterior Features
| Feature |
Details |
| Roof |
Composition, Flat |
| Foundation |
Raised, Slab |
| Feature |
Details |
| Garage/Parking |
Other, Garage: 0 Car(s) |
| HOA Fee |
$0 |
| Listing Agent |
Co-Listing Agent |
| Anthony Walker |
Josh Ess |
| Buckingham Investments, Inc |
|
| License #: 01908153 |
License #: 02035659 |
| Phone: – |
Phone: (310) 982-7055 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 3 |
6 |
– |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of May 22, 2026. For the most current information, please contact Anthony Walker.