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227 Lime
Long Beach CA 90802 US

$1,800,000

Active Listing ID SB26098575
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7 bed
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11.00 Bath (11 Full)
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Lot: 3,750.00 Square Feet
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Apartment

$1,800,000

Active Listing ID SB26098575
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227 Lime 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 8.9X GRM and 7.3% 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.

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Property Features

  • Facts
  • Lot Size: 3,750.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 11
  • Exterior Finish: Community Features Included: Urban, 11-15 Units/Acre

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1800000
  • unparsedaddress: 227 Lime
  • postalcity: Long Beach
  • stateorprovince: CA
  • country: US
  • postalcode: 90802
  • bathroomsfull: 11
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0860881542699724
  • lotsizeunits: Square Feet
  • lotsizearea: 3750
  • livingarea: 3424
  • livingareaunits: Square Feet
  • listagentfullname: Malcolm Zeger
  • listagentemail: malcolm.zeger@buckinghaminvestments.com
  • listagentkey: 3yd-MRMLSCA-sbzegemal
  • listagentmlsid: sbzegemal
  • listagentpreferredphone: 6264837983
  • listagentofficephone: 3109827055
  • listofficekey: 3yd-MRMLSCA-SB1301700
  • listagentstatelicense: 02013882
  • listofficemlsid: SB1301700
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1923
  • listingcontractdate: 2026-05-06
  • listagenturl: http://www.buckinghaminvestments.com
  • countyorparish: Los Angeles
  • parcelnumber: 7281014010
  • numberofunitstotal: 11
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 2
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Urban, 11-15 Units/Acre
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Buckingham Investments, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"malcolm.zeger@buckinghaminvestments.com", "ListBrokerageCity":"Long Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"buckingham.inv@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/110/335173/20160816181448704.png", "ListBrokerageName":"Buckingham Investments, Inc.", "ListBrokeragePhone":"(562) 208-4890", "ListBrokeragePostalCode":"90802", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Ste 607", "ListBrokerageUnparsedAddress":"320 Pine Ave", "ListBrokerageWebsiteUrl":"http://www.buckinghaminvestments.com", "ListOfficeAddress1":"1304 El Prado Ave Ste C", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"SBWALKANT", "ListOfficeCity":"Torrance", "ListOfficeCountry":"US", "ListOfficeEmail":"buckingham.inv@gmail.com", "ListOfficePostalCode":"90501", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Long Beach, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/227-Lime-Ave_Long-Beach_CA_90802_M20788-28865?f=listhub&s=MRMLSCA&m=SB26098575&c=rexren", "MLSModificationTimestamp":"2026-05-06T11:37:01Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/7/2026 2:34:28 AM GMT
Source Updated Date: 5/10/2026 6:48:01 AM GMT

Courtesy of: Malcolm Zeger, Buckingham Investments, Inc, malcolm.zeger@buckinghaminvestments.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.