5447 Lime Ave Long Beach, CA 90805
Lindbergh NeighborhoodEstimated payment $6,689/month
Total Views
349
4
Beds
3
Baths
1,570
Sq Ft
$700
Price per Sq Ft
Highlights
- Solar Power System
- No HOA
- Central Heating and Cooling System
- Wood Flooring
- Laundry Room
- 1-Story Property
About This Home
A rare opportunity to own a versatile, multi-unit property featuring three separate residences on one R3-zoned lot—ideal for investors, multi-generational living, or owner-occupiers seeking rental income. Unit 1 – Spanish-Style Front Home (Built in 1927):This charming 2-bedroom, 1-bathroom home showcases classic Spanish architecture with smooth white stucco, a raised front patio, and a turf-covered front yard for low-maintenance curb appeal. Inside, luxury vinyl plank flooring flows through a spacious open floor plan, highlighted by French doors that open onto a large shared yard space—perfect for indoor-outdoor living. Air conditioning, energy-efficient Tesla solar panels, in-unit laundry, brand new electrical, and updated plumbing provide modern convenience while preserving timeless character. Unit 2 – Modern ADU (Built in 2025): Thoughtfully designed for comfort and privacy, this newly constructed ADU includes a bedroom, bathroom with double-headed shower, full kitchen with stove and refrigerator, in-unit laundry, air conditioning and a 144 sq ft loft for added space. The 10-inch thick insulated walls in the living and kitchen areas keep the home cool in the summer and warm in the winter, while the studio-grade insulated bedroom ensures near-silent rest or recording-quality soundproofing for creatives. Unit 3 – Versatile Bonus Unit: Compact and efficient, the third unit includes a full kitchen, bathroom, and a Murphy bed, making it an ideal guest suite, office space, or rental opportunity. The entire property features a fully turfed and paver backyard, providing a clean, green aesthetic and minimal upkeep. With 3-car side parking and prime R3 zoning, the possibilities are endless—live in one unit and rent the others, host extended family, or generate strong income from all three.
Listing Agent
Pacific Sotheby's Int'l Realty Brokerage Phone: 714-206-2418 License #01982645 Listed on: 09/02/2025
Co-Listing Agent
Pacific Sotheby's Int'l Realty Brokerage Phone: 714-206-2418 License #01024996
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,544
Year Built
- Built in 1927
Lot Details
- 5,301 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Triplex
Interior Spaces
- 1,570 Sq Ft Home
- 1-Story Property
- Built-In Range
- Laundry Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Assigned Parking
Additional Features
- Solar Power System
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 24 / B
- Tax Tract Number 5470
- Assessor Parcel Number 7127020021
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- North Long Beach Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $600
- Gardener Expense $840
- Insurance Expense $1,800
- Maintenance Expense $2,000
- Pest Control $900
- Trash Expense $180
- Water Sewer Expense $180
- New Taxes Expense $11,000
- Operating Expense $6,500
- Gross Income $68,500
- Net Operating Income $51,000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $8,544 | $670,017 | $536,014 | $134,003 |
| 2024 | $8,544 | $656,880 | $525,504 | $131,376 |
| 2023 | $8,401 | $644,000 | $515,200 | $128,800 |
| 2022 | $3,017 | $221,918 | $168,069 | $53,849 |
| 2021 | $2,954 | $217,568 | $164,774 | $52,794 |
| 2019 | $2,913 | $211,117 | $159,888 | $51,229 |
| 2018 | $2,759 | $206,978 | $156,753 | $50,225 |
| 2016 | $2,541 | $198,943 | $150,667 | $48,276 |
| 2015 | $2,442 | $195,955 | $148,404 | $47,551 |
| 2014 | $2,431 | $192,117 | $145,497 | $46,620 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $1,099,000 | 0.0% | $700 / Sq Ft |
| 04/29/2025 04/29/25 | Off Market | $2,950 | -- | -- |
| 03/31/2025 03/31/25 | For Rent | $2,950 | 0.0% | -- |
| 03/31/2025 03/31/25 | Price Changed | $2,950 | +7.3% | $3 / Sq Ft |
| 12/13/2024 12/13/24 | Off Market | $2,750 | -- | -- |
| 12/05/2024 12/05/24 | For Rent | $2,750 | 0.0% | -- |
| 08/04/2022 08/04/22 | Sold | $644,000 | -1.7% | $729 / Sq Ft |
| 06/20/2022 06/20/22 | Price Changed | $655,000 | +2.3% | $741 / Sq Ft |
| 06/19/2022 06/19/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | For Sale | $640,000 | -0.6% | $724 / Sq Ft |
| 06/06/2022 06/06/22 | Off Market | $644,000 | -- | -- |
| 06/06/2022 06/06/22 | For Sale | $640,000 | -0.6% | $724 / Sq Ft |
| 06/03/2022 06/03/22 | Off Market | $644,000 | -- | -- |
| 05/20/2022 05/20/22 | Price Changed | $640,000 | +1.3% | $724 / Sq Ft |
| 05/13/2022 05/13/22 | For Sale | $632,000 | +237.1% | $715 / Sq Ft |
| 02/29/2012 02/29/12 | Sold | $187,500 | -16.6% | $212 / Sq Ft |
| 01/30/2012 01/30/12 | Pending | -- | -- | -- |
| 01/11/2012 01/11/12 | For Sale | $224,900 | 0.0% | $254 / Sq Ft |
| 12/19/2011 12/19/11 | Pending | -- | -- | -- |
| 11/15/2011 11/15/11 | For Sale | $224,900 | -- | $254 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Deed | -- | Lawyers Title | |
| Grant Deed | $644,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $187,500 | Fidelity National Title Co | |
| Trustee Deed | $175,895 | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $105,500 | First American Title Co | |
| Trustee Deed | $100,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $622,506 | FHA | |
| Previous Owner | $622,506 | FHA | |
| Previous Owner | $267,000 | New Conventional | |
| Previous Owner | $240,000 | New Conventional | |
| Previous Owner | $182,746 | FHA | |
| Previous Owner | $312,000 | Negative Amortization | |
| Previous Owner | $246,000 | Stand Alone First | |
| Previous Owner | $167,000 | New Conventional | |
| Previous Owner | $155,000 | Unknown | |
| Previous Owner | $105,064 | FHA | |
| Closed | $22,540 | No Value Available |
Source: Public Records
Similar Homes in Long Beach, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25196257
APN: 7127-020-021
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