Sold for $2,025,000

Listing Provided by: Keller Williams - Santa Monica

Bought with: Keller Williams - Santa Monica

$2,025,000

526 Lime Ave, Long Beach, CA 90802

13beds

9baths

4,770sqft

Mixed Use

Built in 1923

-- sqft lot

$-- Zestimate^®

$425/sqft

$1,887 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,887/mo

Zestimate^® history

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$1,887/mo

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$12,886/mo

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$12,886/mo

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What's special

526 Lime Avenue is an 8-unit apartment property in the highly desirable East Village Arts District rental market in Downtown Long Beach. The property is comprised of (1) 2BD / 2BA units; (4) 2BD / 1BA units; and (3) 1BD / 1BA unit. Seven (7) of the units have been fully remodeled with recessed lighting, new flooring, new kitchen countertops, cabinetry, and stainless steel appliance, new bathroom vanities, tiling, and modern fixtures and features throughout. Most remodeled offer in-unit washers and dryers. There are eight (8) garages, one for each unit, that offer the opportunity for ADU conversion for additional rental income. The property is location in the vibrant East Village Arts District and boasts a Walk Score of 94 and a Bike Score of 91, excellent accessibility to a plethora of dining, shopping and lifestyle amenities.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 9

Appliances

Laundry: Inside

Features

Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,770
Total interior livable area: 4,770 sqft

Property

Parking

Total spaces: 8
Parking features: Garage
Garage spaces: 8

Features

Entry location: 1
Pool features: None

Lot

Size: 7,538 sqft
Features: 6-10 Units/Acre

Details

Parcel number: 7281003013
Zoning: LBPD30
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Condition

New construction: No
Year built: 1923

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Sidewalks

Location

Region: Long Beach
Subdivision: Downtown (Dt)

Other

Other facts

Listing terms: Cash,Cash to New Loan,1031 Exchange

Price history

Date	Event	Price
10/19/2023	Sold	$2,025,000+317.5%$425/sqft
Source: CRMLS #PW23149014 Report a problem
10/26/2019	Listing removed	$1,795
Source: Zillow Rental Manager Report a problem
9/5/2019	Listed for rent	$1,795
Source: Entourage Property Management Report a problem
12/31/2003	Sold	$485,000+24.4%$102/sqft
Source: Public Record Report a problem
12/3/2001	Sold	$390,000$82/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$27,849 +4.5%	$2,067,100 +2%
2024	$26,657 +28%	$2,026,600 +30.4%
2023	$20,821 +6.5%	$1,554,397 +2%
2022	$19,553 +2.1%	$1,523,951 +2%
2021	$19,148 +0.3%	$1,494,102 +1%
2020	$19,099	$1,478,799 +2%
2019	$19,099 +4%	$1,449,836 +2%
2018	$18,356	$1,421,440 +64.9%
2017	$18,356 +56.8%	$861,963 +2%
2016	$11,704 +7.5%	$845,063 +1.5%
2015	$10,885 +4.4%	$832,370 +2%
2014	$10,425	$816,066 +4.5%
2011	--	$780,835 +45.8%
2009	--	$535,476 +4%
2007	--	$514,685 +2%
2005	--	$504,594 +4%
2004	--	$485,000 +61.7%
2002	--	$300,000
2000	--	$300,000