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5320-5334 Lime Ave
Long Beach, CA 90805 Bixby Knolls

$2,375,000 USD

Apartments For Sale  •  6,048 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,048 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 4.08 %
  • Zoning LBR2N
46 Transit Score
81 Walk Score

Highlights

Beautifully Maintained property Beautifully Maintained property with 11 parking spaces, 3 single car garages, 3 single car garages and Laundry Room
Two Seperat Parcels with one building on each. Rents below market with long term month to month tenants.

Financial Summary (Actual)

Net Operating Income: $99,024 USD (2024)
Cap Rate: 4.08 %
Total Expenses: $37,376 USD

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Gated
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 9 min - 4.0 mi
Los Angeles International 29 min - 19.3 mi
John Wayne/Orange County 35 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Paulo Menezes 562-756-3955 Addax Realty Co Inc
Paulo Menezes 562-756-3955 Addax Realty Co Inc