$2,437,500
SOLD JAN 30, 2026

2370 Lime Ave Long Beach, CA 90806

Sunrise Neighborhood
16 Beds
12 Baths
6,440 Sq Ft
6,425 Sq Ft Lot

Recently Sold

$378 Per Sq Ft

13% Below List Price

8 Days on Market

Highlights

  • Ceiling Fan
  • Long Beach Polytechnic High School Rated A
  • 5-minute walk to NAACP Freedom Park

About This Home

As of January 2026

2nd Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.5% from day 1! Attractive 2.05M assumable financing at an incredibly low interest rate of 4.9% fixed through 01/01/2028. Large unit mix of 4 (3Bed/1.5Bath) units in front plus 4 (1Bed/1Bath) units in the back including 2 brand-new ADUs. Each of the three-bedroom units come with interior laundry and their own one car garage/storage in the back. Many units boast upgrades such as modern cabinets, new flooring, updated kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region. Long Beach is a popular rental market and population and employment hub with easy access to the beach, colleges (such as Cal State Long Beach), and major attractions including the Queen Mary, Aquarium of the Pacific, and more. Long Beach offers investors the opportunity to acquire assets in a coastal rental market with low vacancy rates without premium coastal pricing.

Last Agent to Sell the Property

Armin Soleimani

Global Platinum Properties, Inc. License #01846872 Listed on: 11/17/2025

Co-Listed By

Julio Ruiz

Global Platinum Properties, Inc. License #01911261

Last Buyer's Agent

Lisa Ashworth

The Agency License #01330150

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Parking

  • 4 Parking Spaces

Interior Spaces

  • 6,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 12 Bathrooms

Additional Features

  • 6,427 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7211-009-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,427 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: 2nd Price Reduction! 8 Renovated and 100% Occupied units, cash flowing at an amazing Current Cap Rate of 6.5% from day 1! Attractive 2.05M assumable financing at an incredibly low interest rate of 4.9% fixed through 01/01/2028. Large unit mix of 4 (3Bed/1.5Bath) units in front plus 4 (1Bed/1Bath) units in the back including 2 brand-new ADUs. Each of the three-bedroom units come with interior laundry and their own one car garage/storage in the back. Many units boast upgrades such as modern cabinets, new flooring, updated kitchen, bathrooms, exterior improvements, and more. Individually metered for gas, electricity, and tenants pay their own trash further minimizing the operating expenses. Prime Long Beach location minutes from the beach and central to the 405, 710 and 605 Freeways, offering tenants easy access to attractions and employers across the region.
  • Living Area: 6440
  • Lot Acreage: 0.1475
  • Stories: 2
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 12.00
  • Equipment: Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 434.01

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 62.39
  • Assessed Improvement Value: 906933
  • Assessed Land Percent: 37.61
  • Assessed Land Value: 546820
  • Total Assessed Value: 1453753
  • Assessor Parcel Number: 7211-009-009
  • Lot Size Area: 6427

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 11.43
  • Number Of Units: 8
  • Type Of Units: Lowrise
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2026 01/30/26 Sold $2,437,500 -12.8% $378 / Sq Ft
11/25/2025 11/25/25 Pending -- -- --
11/17/2025 11/17/25 For Sale $2,795,000 -- $434 / Sq Ft
Source: The MLS

Agents Affiliated with this Home

  • Armin Soleimani

    Seller's Agent in 2026

    Armin Soleimani

    Global Platinum Properties, Inc.

    (310) 666-2246

    1 in this area

    64 Total Sales

    Armin Soleimani
    Section Image
  • Julio Ruiz

    Seller Co-Listing Agent in 2026

    Julio Ruiz

    Global Platinum Properties, Inc.

    (818) 524-0706

    1 in this area

    47 Total Sales

    Julio Ruiz
    Section Image
  • Lisa Ashworth

    Buyer's Agent in 2026

    Lisa Ashworth

    The Agency

    (626) 644-3844

    1 in this area

    34 Total Sales

    Lisa Ashworth
    Section Image
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Map

Source: The MLS

MLS Number: 25619789

The MLS
California Los Angeles County Long Beach 90806 Sunrise

2370 Lime Ave, Long Beach, CA

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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