$1,015,000
$1,099,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
5516 Lime AVE #1 Long Beach, CA 90805
5,680 Sqft Lot
Key Details
Sold Price $1,015,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision North Long Beach (Nlb)
MLS Listing ID RS24215824
Sold Date 12/11/24
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1987
Lot Size 5,680 Sqft
Property Description
Exceptional Investment Opportunity in Prime Long Beach Location!
This rare four-unit property offers both comfort and convenience, making it an ideal investment or multi-generational living space. Each spacious unit boasts 2 well-sized bedrooms and 1 full bathroom, providing ample living space for all. Every unit enjoys its own private patio, perfect for relaxing outdoors.
The gated complex ensures added security and peace of mind, while the abundance of on-site parking makes day-to-day living even easier. Situated in a highly desirable area, the property is just minutes from a variety of shopping destinations, restaurants, and entertainment spots. With easy access to public transportation and close proximity to the 91 Freeway, commuting is a breeze.
Whether you’re looking for a steady income property or a long-term investment with significant growth potential, this property is a must-see. Seize the opportunity to own in a thriving Long Beach neighborhood, and don’t let this chance slip away!
Exceptional Investment Opportunity in Prime Long Beach location. This rare four-unit property located in the heart of Long Beach. Each unit features 2 bedroom and 1 bath, with private patio areas for each. The complex offers offers plenty of on-site parking, and it is gated for added security. Conveniently located close to stores, restaurants, public transportation, and easy access to the 91 Freeway. Don't let this opportunity pass you by!
Location
State CA
County Los Angeles
Area 7 - North Long Beach
Zoning LBR3S
Interior
Interior Features Balcony, Ceramic Counters
Heating Forced Air
Cooling None
Flooring Carpet
Fireplaces Type None
Fireplace No
Appliance Electric Range, Water Heater
Laundry None
Exterior
Parking Features Carport, Driveway, Private, One Space
Carport Spaces 7
Fence Good Condition, Wrought Iron
Pool None
Community Features Sidewalks, Gated
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility None
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre, No Landscaping, Rectangular Lot, Street Level, Walkstreet
Story 2
Entry Level Two
Foundation Slab
Sewer Sewer Tap Paid
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7127010013
Security Features Gated Community,Window Bars
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Hector Molina • NT & Associates, Inc.