2370 Lime Avenue

Off Market

2370 Lime Avenue

Long Beach CA 90806

6440 sq. ft.

6427 sq. ft.

Other

Last sold for $2,437,500

Armin Soleimani, last sold this property on 30 January 2026 after 247 days on market.

Overview

2nd Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.5% from day 1! Attractive 2.05M assumable financing at an incredibly low interest rate of 4.9% fixed through 01/01/2028. Large unit mix of 4 (3Bed/1.5Bath) units in front plus 4 (1Bed/1Bath) units in the back including 2 brand-new ADUs. Each of the three-bedroom units come with interior laundry and their own one car garage/storage in the back. Many units boast upgrades such as modern cabinets, new flooring, updated kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Features

16 bedrooms

12 bathrooms

4 carspaces

6440 sq. ft. floor area

6427 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 16 bedroom other properties sold in Long Beach over the last 12 months.

Property history for 2370 Lime Avenue

2026

Sold

$2,437,500

30 Jan 2026 by Armin Soleimani, of Global Major Properties

Happy sellers in Long Beach

94%

94% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Long Beach over the last 12 months.

Local market activity for 16 bedroom other properties in Long Beach

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Long Beach for a market analysis.

Costanza Genoese Zerbi

at eXp of Greater Los Angeles Inc

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Vidya Naik

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Andrea Routh

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Long Beach

Costanza Genoese Zerbi

Costanza Genoese Zerbi is an award winning recommended agent for Long Beach. They have 3 local sales and collected 2 local reviews across the last 12 months.