$1,495,000
728 Lime Ave
Long Beach, CA, 90813
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.
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.
Property Details
Price:
$1,495,000
MLS #:
SB25233581
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Downtown DT
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Oct 7, 2025
Total Sq Ft:
5,707
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1912
Schools
Interior
Cooling
NO
Laundry Features
NO
Exterior
Community Features
SUB
Construction Materials
STC
Parking Spots
2
Roof
CMP, FLTR
Financial
Maintenance Fee
$4,095
Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…
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Map
Current real estate data for Single Family in Long Beach as of Feb 13, 2026
681
Single Family Listed
54
Avg DOM
440
Avg $ / SqFt
$1,010,807
Avg List Price
Community
- Address728 Lime Ave Long Beach CA
- SubdivisionDowntown (DT)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
Similar Listings Nearby
Property Summary
- Located in the Downtown (DT) subdivision, 728 Lime Ave Long Beach CA is a Single Family for sale in Long Beach, CA, 90813. It is listed for $1,495,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1912. The average price per square foot for Single Family listings in Long Beach is $440. The average listing price for Single Family in Long Beach is $1,010,807. To schedule a showing of MLS#sb25233581 at 728 Lime Ave in Long Beach, CA, contact your James Outland agent at 8057482262.
Courtesy of Buckingham Investments, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than James Outland include the name of the listing broker. Neither the listing company nor James Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 728 Lime Ave
Long Beach, CA