Listing provided courtesy of Malcolm Zeger of Buckingham Investments, Inc. Last updated . Listing information © 2026 Sandicor.
Asking Price: $1,800,000
227 Lime, Long Beach CA 90802
Community:
This ResidentialIncome property was built in and is priced at $1,800,000. Please see the additional details below.
Available again! 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 9.8X GRM and 6.7% cap rate. Almost all units have been remodeled. 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. Three vacancies as of 10/20/26 that are in process of getting filled.
