Est. cap rate

4.3%

Assumed rent, all units

$6,150/mo

Units

3

Price per unit

$286,333

Est. annual NOI

$36,900

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

1,856 sqft

Lot size

5,075 sqft

Year built

1923

Stories

1

Garage spaces

3

Heating

Central

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

3

MLS #

247611583

About this property

Welcome to this well-maintained three-unit property located in North Long Beach, offering pride of ownership and an excellent opportunity for an investor or a buyer looking for the potential to owner-occupy. The property consists of two 1-bedroom, 1-bathroom units, along with a separate rear structure featuring a 2-bedroom, 1-bathroom unit. Each unit also benefits from its own 1-car garage, providing valuable off-street parking and additional storage possibilities. Conveniently located near shopping, schools, parks, restaurants, and other neighborhood amenities, with easy access to nearby freeways. Whether you are looking to expand your investment portfolio or explore the possibilities of living in one unit while renting the others, this property offers versatility and opportunity. Don’t miss your chance to own this three-unit property in Long Beach.

Location

5656 Lime Avenue

Long Beach, Los Angeles, CA, 90805