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Backup Offers

5516 Lime Ave Unit 1, Long Beach, CA, 90805

$1,099,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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5516 Lime Ave Unit 1, Long Beach$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport, Driveway, Private, One Space
Year Built1987
HeatingForced Air
CoolingNone
FireplaceNone
ViewNone
MLS #RS24215824
Lot Size0.13 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5516 Lime Ave Unit 1

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1987
  • Stories: 2

Listing Office:

  • Office Name: NT & Associates, Inc.
  • Office Phone: (562) 233-4154
  • Listing Agent: Hector Molina

Interior Features

Interior Information:

  • Appliances: Electric Range, Water Heater
  • Flooring Type: Carpet
  • Interior: Balcony, Ceramic Counters
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Carport, Driveway, Private, One Space

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Atlantic and Market

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

5516 Lime Ave Unit 1 vs Long Beach

28 DAYS ON ROCKET

-6 Days

$1,099,000

+$274.3K More

KEY TAKEAWAY

This property is $274.3K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #RS24215824

Listing Office:

  • Office Name: NT & Associates, Inc.
  • Office Phone: (562) 233-4154
  • Listing Agent: Hector Molina

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-415411
5
/10

  • Addams Elementary School

  • 5320 Pine Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-415412
4
/10

  • Bret Harte Elementary School

  • 1671 E Phillips St

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-415413
3
/10

  • Barton Elementary School

  • 1100 E Del Amo Blvd

  • 0.78 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,444. Residents of Long Beach, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90805›5516 Lime Ave Unit 1

This home is located at 5516 Lime Ave Unit 1 in Long Beach, CA and zip code 90805 in the The Harbor neighborhood. This home, which was built in 1987, sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 20, 2024 and is currently priced at $1,099,000.

In October 2024, from all listings sold in Long Beach, CA there were more than 94 sold above asking price, over 83 sold below and more than 35 were sold right at the asked price. The inventory of homes for sale in Long Beach, CA between September 2024 and October 2024 decreased by 0.1%. While the average time on the market in October 2024 was 34 days, the median list price was $824,667.

From Rocket Homes Real Estate and based on county public records data.

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