$1,875,000
PENDING $500K PRICE DROP

Estimated payment $10,094/month

Total Views 7,283
2 Beds
-- Bath
6,048 Sq Ft
$310 Price per Sq Ft

Highlights

  • Laundry Room
  • Paved or Partially Paved Lot
  • Heating System Uses Natural Gas

About This Home

Two Residential Income Buildings! Both 5220 and 5334 Lime Ave, each with separate parcial, will be sold together. Consisting of a total of 11 one bedroom and one bathroom units, with three (3) one care garages and 11 parking spaces and Laundry room with coin washer and dryer. This is a very well maintained property! Newer exterior paint and new roof (3 +/- years old). Property is centrally located near schools, shopping and easy freeway access. All current tenant are long-term tenants.

Listing Agent

Paulo Menezes

Addax Realty Co. Brokerage Phone: 562-756-3955 License #01108766 Listed on: 06/19/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,553 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • 7130-026-011

Parking

  • 11 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,048 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Unit 1 Bathroom: 0
  • Unit 2 Bathroom: 0

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 12 / F
  • Tax Tract Number 5470
  • Assessor Parcel Number 7130026012
  • $1,993 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 11 Units

Amenities

  • Laundry Facilities

Building Details

  • 11 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $480
  • Fuel Expense $1,500
  • Insurance Expense $6,000
  • Trash Expense $720
  • Water Sewer Expense $2,200
  • Operating Expense $10,900
  • Gross Income $97,024
  • Net Operating Income $97,024

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,553 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 4.08
  • Property Attached: No
  • Subdivision Name Other: not known
  • Water Sewer Expenses: 2200.00
  • Zoning: LBR2N
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7130026012
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 310.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 11.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7130-026-011
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7553.00
  • Lot Size Acres: 0.1734

Multi Family

  • Electric Expense: 480.00
  • Fuel Expense: 1500.00
  • Gross Income: 97024.00
  • Gross Multiplier: 17.60
  • Gross Operating Income: 134400.00
  • Gross Scheduled Income: 134400.00
  • Insurance Expense: 6000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 200.00
  • Lot Size Area: 7553.0000 Square Feet
  • Net Operating Income: 97024.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 11
  • Operating Expense: 37376.00
  • Rent Control: No
  • Total Expenses: 10900.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 5706.01
  • Tax Lot: 12
  • Tax Tract Number: 5470
  • TaxOtherAnnualAssessmentAmount: 1993.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,222 $339,711 $64,782 $274,929
2024 $5,222 $333,051 $63,512 $269,539
2023 $5,122 $326,521 $62,267 $264,254
2022 $4,830 $320,120 $61,047 $259,073
2021 $4,706 $313,844 $59,850 $253,994
2019 $4,639 $304,537 $58,076 $246,461
2018 $4,460 $298,567 $56,938 $241,629
2016 $4,108 $286,976 $54,728 $232,248
2015 $3,959 $282,666 $53,906 $228,760
2014 $3,964 $277,130 $52,851 $224,279
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 Pending -- -- --
12/09/2025 12/09/25 Price Changed $1,875,000 -6.3% $310 / Sq Ft
10/28/2025 10/28/25 Price Changed $2,000,000 -15.8% $331 / Sq Ft
06/19/2025 06/19/25 For Sale $2,375,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25137950

California Regional Multiple Listing Service (CRMLS)
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