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$2,025,000
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Property Description
526 Lime Avenue is an 8-unit apartment property in the highly desirable East Village Arts District rental market in Downtown Long Beach. The property is comprised of (1) 2BD / 2BA units; (4) 2BD / 1BA units; and (3) 1BD / 1BA unit. Seven (7) of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled offer in-unit washers and dryers. There are eight (8) garages, one for each unit, that offer the opportunity for ADU conversion for additional rental income. The property is location in the vibrant East Village Arts District and boasts a Walk Score of 94 and a Bike Score of 91, excellent accessibility to a plethora of dining, shopping and lifestyle amenities.
Full Property Details
Full Property Details for 526 Lime Ave
General
- Sold For: $2,025,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW23149014
- Added to Site: 967 day(s) ago
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 8
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: Alamitos Ave & E 6th St
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 8
- # Electric Meters: 8
Structural Information
- Entry Location: 1
- Square Feet: 4,770
- Year Built: 1923
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.173
- Lot Size Source: Assessor
- Zoning: LBPD30
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $424.53
- Price Per Unit: 281250
Listed and Sold by Keller Williams - Santa Monica, Robert Stepp
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Schools
Schools serving 526 Lime Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Stevenson Elementary School 515 Lime Avenue, Long Beach, CA 90802 | K-5 | 0 mi |
Franklin Classical Middle School 540 Cerritos Avenue, Long Beach, CA 90802 | 6-8 | 0.3 mi |
Polytechnic High School, Long Beach, CA 1600 Atlantic Ave., Long Beach, CA 90813 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 526 Lime Ave
Date
Details
Price
Change
Source
10/19/2023
Sold
$2,025,000
-10%
MLS
9/01/2023
Price Reduced
$2,250,000
-4.26%
MLS
8/11/2023
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
526 Lime Avenue, Long Beach, CA 90802 (MLS# PW23149014) is a Multi-Family property that was sold at $2,025,000 on October 19, 2023. Want to learn more about 526 Lime Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

