SoldJan 30, 2026

Listed by Armin Soleimani and Julio C Ruiz from Global Major Properties

Bought with Lisa Ashworth

Source: Combined LA Westside Multiple Listing Service, Inc #25619789

2370 Lime Avenue, Long Beach, CA, 90806

$2,437,500

16
12
4
6440 sq. ft.
6427 sq. ft.

Other

8 days on the market

Sold: Jan 30, 2026

What's around 2370 Lime Avenue

About this property

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.

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Other properties sold by Global Major Properties

SoldJul 1, 2026
$1,650,000
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3
8
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Listing courtesy of Global Major Properties
SoldJun 22, 2026
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Land
Listing courtesy of Global Major Properties and Sharpstone Realty, Inc.
SoldApr 17, 2026
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1
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Listing courtesy of Coldwell Banker Realty and Global Major Properties

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