Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
MLS# PW23229468
12/22/2023
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Beds • 26
Full/Half Baths • 5 / 1
SQFT • 8,195
Garage • 5
Home Details
820 Lime Avenue is an 8-unit, apartment building located in Long Beach, California. The property is priced at 5.51% cap rate and 11.64 GRM at current rents. The property is comprised of a unique mix of two (2) 5 BD / 2 BA units; two (2) 3 BD / 1.5 BA units; two (2) 3 BD / 1 BA units; and two (2) 2 BD / 1 BA units. The asset is separately metered for both gas and electric, and boasts a ±10% upside in rents. An onsite laundry / storage room offers the opportunity for additional income. The five (5) garages offer the opportunity for ADU conversion.
Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
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Beds • 26
Full/Half Baths • 5 / 1
SQFT • 8,195
Garage • 5
