728 Lime Ave Long Beach, CA $ 1,495,000
728 Lime Ave
$ 1,495,000
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728 Lime Ave

Long Beach, CA, 90813
$ 1,495,000
Baths2.0 Sq 5,707

Monthly Estimate*

$ 9,205

Listed by Buckingham Investments, Inc
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Studio

Single Family Home for sale in Long Beach, CA

for $1,495,000 with 2 full baths. This 5,707 square foot home was built in 1912 on a lot size of 0.1722.

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.

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Single Family Active

Price

$ 1,495,000

Bedrooms

Studio

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1722

Year Built

1912

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB25233581

Days on Market

166

Features
General
Sewer PublicSewer
Cooling None
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Composition Flat
HOA Fee 0
Garage Spaces 0
Pool Features None
Construction Materials Stucco
Year Built 1912
Electric Standard
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 152016
Community Features Suburban
County Los Angeles
Net Operating Income 92241
Operating Expense 52774
Insurance Expense 7134
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 4095
Subdivision Name Downtown (DT)
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East Side of Lime North of 7th St
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 6
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units SquareFeet
Lot Size Square Feet 7501
Number of Units Leased 6
Listing Terms CashToNewLoan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 2013
Trash Expense 2447
Water Sewer Expense 7404
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Total Actual Rent 12718
Property Sub Type Additional Apartment
Taxes 18688
Cap Rate 6.2
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Interior
Fireplace Features None
Total Stories 2
Common Walls TwoCommonWallsOrMore
Air Conditioning Y/N false
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing ChainLink
Parking Features Paved
Lot Features RectangularLot
Water Source Public
Total Parking 2
Lot Size Area 7501
Foundation Details Raised Slab
Number of Buildings 3
Spa false
Building Area Total 5707
Lot Size Acres 0.1722
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Buckingham Investments, Inc

Broker

Anthony.walker@buckinghaminvestments.com

Email

Affordability Calculator

$9,205
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2026$1,495,000 Listed Price

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728 Lime Ave, Long Beach, CA, 90813 is a Single Family Home for sale at $1,495,000 with 5,707 sqft and a lot size of 0.1722. 728 Lime Ave is a studio with 2.0 baths and was built in 1912. The property's zip code is 90813 which is in Long Beach, CA