
2024 Lemon Ave Long Beach, CA 90806
Sunrise NeighborhoodHighlights
- Gated Parking
- Fireplace in Bathroom
- Side by Side Parking
- Long Beach Polytechnic High School Rated A
- Ground Level Unit
- 3-minute walk to Martin Luther King Jr Park
About This Home
As of September 20222024 Lemon Avenue presents an opportunity for a purchaser to follow the lead of the long-term ownership in a value-add apartment complex located in the "Poly High" neighborhood of Long Beach. As consistent management, renovations, and turnover has provided a steady increase in income - and the property currently features a rent-ready vacancy - a new investor can follow this strategy to continue adding value, raise revenue and improve operating efficiency.|6 Units Across 2 Structures - Built In 1922 - All 1 Bedroom + 1 Bathroom Units - 2,016 Gross Square Feet - Individually Metered for Electricity & Gas - Parking Lot In Rear - 5 Parking Spaces - Gated Access To Property - Corner Units (A, C, D, F) Remodeled in 2018-19 - 6,514 Square Foot Lot - LBR1N Zoning - One Vacancy As of 8/1/22.
Last Agent to Sell the Property
David Harrington
Matthews Real Estate Investment Services License #01320460 Listed on: 06/06/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922 | Remodeled
Lot Details
- 6,514 Sq Ft Lot
- Lot Dimensions are 50x130
- East Facing Home
- Gated Home
- Back and Front Yard
Home Design
- Bungalow
Interior Spaces
- 2,016 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
Kitchen
- Oven
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- 6 Bathrooms
- Fireplace in Bathroom
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Side by Side Parking
- Gated Parking
Location
- Ground Level Unit
Utilities
- Cooling System Mounted In Outer Wall Opening
- Gas Water Heater
Community Details
- 2 Buildings
- 6 Units
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water, gardener
- Assessor Parcel Number 7210-027-011
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/21/2022 09/21/22 | Sold | $1,275,000 | 0.0% | $632 / Sq Ft |
08/31/2022 08/31/22 | Pending | -- | -- | -- |
06/06/2022 06/06/22 | For Sale | $1,275,000 | +218.8% | $632 / Sq Ft |
12/14/2012 12/14/12 | Sold | $400,000 | -2.2% | $198 / Sq Ft |
09/24/2012 09/24/12 | Pending | -- | -- | -- |
07/10/2012 07/10/12 | For Sale | $409,000 | -- | $203 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
D
Seller's Agent in 2022
David Harrington
Matthews Real Estate Investment Services
-
M
Buyer's Agent in 2022
Marissa Mashburn
Marissa G. Mashburn, Broker
(562) 397-3192
1 in this area
3 Total Sales
-
V
Seller's Agent in 2012
Vincent Cervantes
Freedom Homes
(562) 732-4640
2 in this area
14 Total Sales
-
Buyer's Agent in 2012
Karen Anderson
Keller Williams Realty
(310) 251-2883
242 Total Sales
Map
Source: The MLS
MLS Number: 22-164893

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