1 of 32

Want to see similar homes for sale?

5516 Lime Avenue

Long Beach, CA 90805

– beds
– baths
– sqft
5,679 sqft lot
1987 build
– on site

More homes

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!

Listed By CRMLS_CA / Hector Molina / NT & Associates, Inc. / 562-233-4154

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# RS24215824 —

The Building

Year Built:

1987
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

3100.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

1
Architectural Style:

Traditional
Roof:

Composition
Foundation:

Slab
Stories Total:

2
Entry Level:

1
Accessibility Features:

None
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Features:

Balcony, Ceramic Counters
Levels:

Two
Entry Location:

Ground
Flooring:

Carpet
Room Type:

Living Room
Fireplace:

No
Fireplace:

None
Laundry:

None

Financial & Terms

Disclosures:

Home Warranty

Location

Directions:

Atlantic and Market
Latitude:

33.85664200
Longitude:

-118.18370100

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Updated/Remodeled
Zoning:

LBR3S
Lot Features:

0-1 Unit/Acre, Level with Street, Rectangular Lot, No Landscaping, Walkstreet
Lot Size Area:

5679.0000
Lot Size Acres:

0.1304
Lot Size SqFt:

5679.00
Lot Size Source:

Assessor
View:

None
Fencing:

Good Condition, Wrought Iron
Fence:

Yes
Security Features:

Gated Community, Window Bars
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5706.01
Tax Tract:

5737
Tax Lot:

73

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7127010013

Heating & Cooling

Heating:

1
Heating:

Forced Air
Cooling:

No
Cooling:

None

Utilities

Utilities:

Cable Available, Electricity Connected, Sewer Connected, Water Connected
Sewer:

Sewer Paid
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Electric Range, Water Heater
Included:

Yes

The Community

Subdivision:

North Long Beach (NLB)
Subdivision:

North Long Beach (NLB)
Features:

Sidewalks
Inclusions:

stoves
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Carport, Driveway, Parking Space, Private
Parking Spaces:

7.00
Carport Spaces:

7.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
11/4/24 Nov 4, 2024		BRIDGE	$1,099,000
11/4/24 Nov 4, 2024	Sold Subject To Contingencies	CRMLS_CA	$1,099,000
10/19/24 Oct 19, 2024	Listed / Active	CRMLS_CA	$1,099,000

Multifamily Sold on 12/11/2024

$1,015,000

Listing provided by broker:

Hector Molina

NT & Associates, Inc.

562-233-4154

Newest listings in Long Beach, CA

Similar sold homes

Listing Courtesy of: CRMLS_CA and NT & Associates, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:26 on Jan 02.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

5516 Lime Avenue

Long Beach, CA 90805