$1,800,000
227 Lime
Long Beach, CA, 90802
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 9.52X GRM and 6.8% 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. One unit is currently vacant.
Property Details
Price:
$1,800,000
MLS #:
SB26098575
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
May 12, 2026
Total Sq Ft:
3,424
Lot Size:
3,750 sqft / 0.09 acres (approx)
Year Built:
1923
Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
URB
Parking Spots
2
Parking Total
2
Financial
Maintenance Fee
$9,521
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 May 25, 2026
809
Single Family Listed
65
Avg DOM
472
Avg $ / SqFt
$1,139,828
Avg List Price
Community
- Address227 Lime Long Beach CA
- SubdivisionOther (OTHR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90802
Similar Listings Nearby
Property Summary
- Located in the Other (OTHR) subdivision, 227 Lime Long Beach CA is a Single Family for sale in Long Beach, CA, 90802. It is listed for $1,800,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1923. The average price per square foot for Single Family listings in Long Beach is $472. The average listing price for Single Family in Long Beach is $1,139,828. To schedule a showing of MLS#sb26098575 at 227 Lime 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. 227 Lime
Long Beach, CA