5516 Lime Avenue

Long Beach, CA 90805

$1,099,000
Price
8
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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...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 youre 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 dont 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!
  1. Listed by Hector Molina • DRE #01870282 • Brokerage DRE #01493005 • NT & Associates, Inc.
  2. Listed by Teresa Molina • Brokerage DRE #01493005 • NT & Associates, Inc.

Property Details for 5516 Lime Avenue

City Postal ID
LONG BEACH (90805)
LISTING UPDATED: 10/24/2024 05:44 AM

Property Details for 5516 Lime Avenue

StatusActive
MLS #RS24215824
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.13 AC / 5,680 SF
CountyLos Angeles County

Building Information for 5516 Lime Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.13 AC / 5,680 SF

Property Information for 5516 Lime Avenue

Summary Information
Property and Location
  • System ID: 306292098
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 5516
  • Street Name: Lime Avenue
  • Directions To Property: Atlantic and Market
HOA and Fees
  • Monthly Total Fees: $71
  • CFD/Mello-Roos Fee: $862
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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 youre 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 dont 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!
Interior and Exterior Features
Interior Features
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Exterior: Stucco
  • Roof: Composition
  • Security: Gated Community, Security Bars
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Topography: Level
  • Site: Sidewalks
  • Zoning: Assessor
  • Assessors Parcel Num: 7127010013
Utilities
  • Sewer/Septic: Sewer Connected
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $0
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $1,176
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Rent Actual: $1,160
Unit 4
  • Unit Num for Unit 4: 4
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Rent Actual: $1,000

Property History for 5516 Lime Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5516 Lime Avenue

Taxable ValueLand$190,235Additions$382,996Total$573,231
Tax Record2024$7,906 ($659 / month)
Home Facts
Total Finished SqFt3,100 SqFtAbove Grade Finished SqFt3,100 SqFtStories1Lot Size5,677 SqFtStyleQuadraplexYear Built1987ZoningLBR3SCountyLOS ANGELESAPN7127-010-013

Schools near 5516 Lime Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Harte Elementary School
PublicK to 5

Lindbergh Middle School
Public6 to 8

Jordan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5516 Lime Avenue is a multi-family home for sale in Long Beach, CA 90805. This property was listed for sale on October 19, 2024 by NT & Associates, Inc., it's currently listed at $1,099,000. It has been on the market for a total of 17 days and was last sold on February 22, 2002. This listing's school district is Long Beach Unified School District. Nearby schools include Harte Elementary School, Lindbergh Middle School and Jordan High School. 5516 Lime Avenue is a 8-bed, 4-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NT & Associates, Inc., Hector Molina, DRE #01870282; NT & Associates, Inc., Teresa Molina

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.