728 Lime Ave
Long Beach, CA 90813

$1,495,000

Price

Beds

Baths

5,707 Sq. Ft.

$262 / Sq. Ft.

5,707

Sq. Ft.

$262

per Sq. Ft.

a backyard of a house with table and chairs

an aerial view of residential houses with outdoor space

an aerial view of multiple houses with outdoor space

an aerial view of a city with lots of residential buildings

a view of a kitchen with wooden floor and electronic appliances

a kitchen with granite countertop white cabinets and sink

a view of an empty room with wooden floor and a window

an empty room with wooden floor and mirror

an empty room with wooden floor and windows

a bathroom with a toilet a sink and mirror

a kitchen with granite countertop a stove and cabinets

a bathroom with a toilet a sink a mirror a bathtub and vanity

a view of empty room with wooden floor and fan

a view of a kitchen with an empty space and a window

a bathroom with a tub shower vanity and a sink

a kitchen with granite countertop cabinets stainless steel appliances and a sink

Description

Huge 6 unit campus property with three large units in front, Craftsman bungalow in the middle, and two brand new 2025 construction ADUs in the rear totalling 5707 rentable square feet on a 7500 square foot lot. Great unit mix averaging 950 square feet with one 5 bed, 2 bath unit, four 2 bed, 1 bath units, and one 1 bed, 1 bath unit. Aggressively priced at $262/square foot, 9.8X GRM and 6.2% cap rate on actual rents plus an 8% upside to 9X GRM and 6.9% cap rate on market rents. Brand new electrical...Huge 6 unit campus property with three large units in front, Craftsman bungalow in the middle, and two brand new 2025 construction ADUs in the rear totalling 5707 rentable square feet on a 7500 square foot lot. Great unit mix averaging 950 square feet with one 5 bed, 2 bath unit, four 2 bed, 1 bath units, and one 1 bed, 1 bath unit. Aggressively priced at $262/square foot, 9.8X GRM and 6.2% cap rate on actual rents plus an 8% upside to 9X GRM and 6.9% cap rate on market rents. Brand new electrical main panel. Skip the smaller properties and go straight to commercial positive leverage with rates in the high 5%'s and a 6.2% cap rate on actual rents. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 7 blocks to the beach.

Property Details for 728 Lime Avenue

Parking Spaces Total

Private Pool

Cooling Type

None

Total Units

6.0

Building Type

Attached

Lot Size Source

Assessor

Living Area

5707

Assessor Parcel Number

7274-020-007

LISTING UPDATED: 10/07/2025 06:47 AM

Property Details for 728 Lime Avenue

Status	Active
MLS #	SB25233581
Days on Market	75
Taxes	-
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Residential Income / Res Income 2-4 Units
Year Built	1912
County	Los Angeles County

Location

Listing Courtesy of Buckingham Investments, Inc, Anthony Walker, DRE #01908153; Buckingham Investments, Inc, Josh Ess, DRE #02035659

Add your commute

Building Information for 728 Lime Avenue

Building/Complex728 Lime AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1912Building Size-

Payment Calculator

$8,608 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,387

Property Taxes

$1,221

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 728 Lime Avenue

Income / Expense / Tax Details

Income Details

Gross Income: $152,016
Gross Scheduled Income: $152,016

Vacancy Allowance Rate: 5
Gross Operating Income: $144,415
Net Operating Income: $92,241
Other Income Description: Pet Rent
Other Income 1: $600
Gross Multiplier: 9.8
Cap Rate: 6.2

Expense Details

Operating Expense: $52,774
New Taxes Expense: $18,688

Gardener Expense: $2,315
Fuel Expense: $2,013
Licenses Expense: $645
Pest Control Expense: $783
Insurance Expense: $7,134
Maintenance Expense: $4,095
Professional Management Expense: $7,251
Trash Expense: $2,447
Water Sewer Expense: $7,404
Total Expenses: $52,774

Tax / Assessment Info

Tax Block: 26
Tax Tract Number: 5763.02

Tax Census Tract: 5763.02
CFD/Mello-Roos Fee: $1,266
Tax Lot: 1

Community / Development

Assessments YN: Yes
Assessments: Special Assessments

Community Features: Suburban
Community: Downtown (DT)

Property / Structure Info

Interior Features

Laundry: No
Laundry Features: None

Fireplace Features: None
Fireplace Rooms: None
Cooling: None

Exterior Features

Construction Materials: Stucco
Exterior Construction: Stucco

Exterior: Stucco
Roof: Composition, Flat
Entry Location: 1
Fence: Yes
Fence: Chain Link
Fencing: Chain Link
Foundation Details: Raised, Slab
Foundation Details: Raised, Slab
Pool Features: None
Pool Description: None
Pool: N/K
Pool Heat: N/K
Spa Features: None
Spa Heat: N/K

Land/Lot Info

Lot Features: Rectangular Lot
Number Of Units: 6

Land Lease: No
Land Lease Type: Fee
Levels: Two
Water: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Electric: Standard
Water Source: Public

Parking Info

Garage Spaces: 0
Parking: Yes

Uncovered Spaces: 2
Open Other Spaces Total: 2
Parking Garage Spaces: 0
Carport Spaces: 0
Parking Features: Paved

Property / Structure Info

Builders Tract Name: Downtown
Builders Tract Code: Downtown (DT)

Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1

Unit Type Units Total: 1
Unit Type Beds Total: 5

Unit Type Baths Total: 2
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Garage Attached: Yes
Unit Type Actual Rent: $3,350
Unit Type Total Rent: $3,350
Unit Type Pro Forma: 4000
Unit Type Type: 1

Unit 2

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,795
Unit Type Total Rent: $1,795
Unit Type Pro Forma: 1800
Unit Type Type: 2

Unit 3

Unit Type Units Total: 1
Unit Type Beds Total: 1

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,499
Unit Type Total Rent: $1,499
Unit Type Pro Forma: 1500
Unit Type Type: 3

Unit 4

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Garage Attached: No
Unit Type Actual Rent: $2,445
Unit Type Total Rent: $2,445
Unit Type Pro Forma: 2500
Unit Type Type: 4

Unit 5

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,925
Unit Type Total Rent: $1,925
Unit Type Pro Forma: 1925
Unit Type Type: 5

Unit 6

Unit Type Units Total: 1
Unit Type Beds Total: 2

Unit Type Baths Total: 1
Unit Type Furnished: Unfurnished
Unit Type Garage Spaces: 0
Unit Type Garage Attached: No
Unit Type Actual Rent: $1,654
Unit Type Total Rent: $1,654
Unit Type Pro Forma: 1925
Unit Type Type: 6

Unit Information

Number Of Units Leased: 6
Rent Controlled: Yes

Number Of Buildings: 3
Number Of Separate Electric Meters: 6
Number Of Separate Gas Meters: 6
Number Of Separate Water Meters: 1

Property History for 728 Lime Avenue

Date	Event & Source	Price	Appreciation
Oct 6, 2025	Listed (Active) CRMLS #SB25233581	$1,495,000	—
Sep 11, 2025	Listed (Active) SDMLS #SB25233581	$1,495,000	—
Sep 11, 2025	Listed (Active) CLAW #SB25233581MR	$1,495,000	—
Sep 13, 2016	Sold CLAW #PW15210171MR	$900,000	—
Sep 13, 2016	Sold SDMLS #PW15210171	$900,000	—
Sep 13, 2016	Sold CRMLS #PW15210171	$900,000	—
Aug 17, 2016	Sold (Public Record) Public Record #578876069	$900,000	-0.8% / yr
Aug 12, 2016	Pending CRMLS #PW15210171		—
Aug 12, 2016	Pending CLAW #PW15210171MR		—
Jul 13, 2016	Price Change CRMLS #PW15210171	$935,000	—
Jun 2, 2016	Price Change CRMLS #PW15210171	$950,000	—
Apr 16, 2016	Price Change CRMLS #PW15210171	$999,000	—
Oct 8, 2015	Price Change CRMLS #PW15210171	$1,050,000	—
Sep 23, 2015	Listed (Active) CRMLS #PW15210171	$1,100,000	—
Sep 23, 2015	Listed (Active) CLAW #PW15210171MR	$1,100,000	—
Sep 23, 2015	Listed (Active) SDMLS #PW15210171	$1,100,000	—
Jan 5, 2013	Expired CRMLS #P382626	$825,000	—
Jan 1, 2010	Expired CRMLS #P670021	$979,000	—
Jan 1, 2010	Expired CLAW #P670021MR		—
Mar 5, 2009	Withdrawn / Cancelled CLAW #P646821MR		—
Feb 13, 2009	Withdrawn / Cancelled CRMLS #P646821	$979,000	—
Jan 1, 2009	Listed (Active) CRMLS #P670021	$979,000	—
Jan 1, 2009	Listed (Active) CLAW #P670021MR	$979,000	—
Jan 1, 2009	Listed (Active) CRMLS #CC223570	$979,000	—
Jul 14, 2008	Listed (Active) CRMLS #P646821	$979,000	—
Jul 14, 2008	Listed (Active) CRMLS #CC223157	$979,000	—
Jul 14, 2008	Listed (Active) CLAW #P646821MR	$979,000	—
May 11, 2005	Sold (Public Record) Public Record #156465901	$990,000	+36.0% / yr
Mar 15, 2005	Sold CRMLS #CC214162	$1,055,000	—
Mar 15, 2005	Sold CLAW #P435991MR	$1,055,000	—
Mar 15, 2005	Sold CRMLS #P435991	$1,055,000	—
Feb 20, 2005	Pending CLAW #P435991MR		—
Feb 20, 2005	Pending CRMLS #P435991		—
Feb 9, 2005	Listed (Active) CLAW #P435991MR	$949,900	—
Feb 9, 2005	Listed (Active) CRMLS #P435991	$949,900	—
Feb 9, 2005	Listed (Active) CRMLS #CC214162	$949,900	—
Sep 26, 2004	Sold CRMLS #CC215233	$765,000	—
Sep 26, 2004	Sold CLAW #P390647MR	$765,000	—
Sep 26, 2004	Sold CRMLS #P390647	$765,000	—
Sep 17, 2004	Expired CLAW #P382626MR		—
Jul 9, 2004	Sold (Public Record) Public Record #142735082	$765,000	+38.0% / yr
Jul 7, 2004	Pending CRMLS #P390647		—
Jul 7, 2004	Pending CLAW #P390647MR		—
May 7, 2004	Listed (Active) CRMLS #P390647	$749,999	—
May 7, 2004	Listed (Active) CRMLS #CC215233	$749,999	—
May 7, 2004	Listed (Active) CLAW #P390647MR	$749,999	—
Mar 17, 2004	Listed (Active) CLAW #P382626MR	$825,000	—
Mar 17, 2004	Listed (Active) CRMLS #P382626	$825,000	—
Mar 17, 2004	Listed (Active) CRMLS #CC214858	$825,000	—
Aug 20, 2003	Sold (Public Record) Public Record #117750146	$575,000	—
Aug 20, 2003	Sold CRMLS #P340510	$565,000	—
Aug 20, 2003	Sold CLAW #P340510MR	$565,000	—
Aug 19, 2003	Sold (Public Record) Public Record #117652229	$575,000	—
Aug 19, 2003	Sold (Public Record) Public Record #117652229	$575,000	—
Jul 28, 2003	Pending CLAW #P340510MR		—
Jul 28, 2003	Pending CRMLS #P340510		—
Jul 4, 2003	Sold CRMLS #P340509	$567,000	—
Jul 4, 2003	Sold CLAW #P340509MR	$567,000	—
Jun 2, 2003	Pending CRMLS #P340509		—
Jun 2, 2003	Pending CLAW #P340509MR		—
Apr 25, 2003	Listed (Active) CLAW #P340510MR	$564,999	—
Apr 25, 2003	Listed (Active) CRMLS #P340509	$564,999	—
Apr 25, 2003	Listed (Active) CRMLS #P340510	$564,999	—
Apr 25, 2003	Listed (Active) CLAW #P340509MR	$564,999	—
Feb 28, 2003	Sold CLAW #P317062MR	$568,000	—
Feb 28, 2003	Sold CRMLS #P317062	$568,000	—
Jan 15, 2003	Pending CLAW #P317062MR		—
Jan 15, 2003	Pending CRMLS #P317062		—
Oct 26, 2002	Listed (Active) CLAW #P317062MR	$568,000	—
Oct 26, 2002	Listed (Active) CRMLS #P317062	$568,000	—

Date	Event & Source	Price
10/06/2025	Listed (Active) CRMLS #SB25233581	$1,495,000
09/11/2025	Listed (Active) SDMLS #SB25233581	$1,495,000
09/11/2025	Listed (Active) CLAW #SB25233581MR	$1,495,000
09/13/2016	Sold CLAW #PW15210171MR	$900,000
09/13/2016	Sold SDMLS #PW15210171	$900,000
09/13/2016	Sold CRMLS #PW15210171	$900,000
08/17/2016	Sold (Public Record) Public Record #578876069	$900,000 -0.8% / yr
08/12/2016	Pending CRMLS #PW15210171	—
08/12/2016	Pending CLAW #PW15210171MR	—
07/13/2016	Price Change CRMLS #PW15210171	$935,000
06/02/2016	Price Change CRMLS #PW15210171	$950,000
04/16/2016	Price Change CRMLS #PW15210171	$999,000
10/08/2015	Price Change CRMLS #PW15210171	$1,050,000
09/23/2015	Listed (Active) CRMLS #PW15210171	$1,100,000
09/23/2015	Listed (Active) CLAW #PW15210171MR	$1,100,000
09/23/2015	Listed (Active) SDMLS #PW15210171	$1,100,000
01/05/2013	Expired CRMLS #P382626	$825,000
01/01/2010	Expired CRMLS #P670021	$979,000
01/01/2010	Expired CLAW #P670021MR	—
03/05/2009	Withdrawn / Cancelled CLAW #P646821MR	—
02/13/2009	Withdrawn / Cancelled CRMLS #P646821	$979,000
01/01/2009	Listed (Active) CRMLS #P670021	$979,000
01/01/2009	Listed (Active) CLAW #P670021MR	$979,000
01/01/2009	Listed (Active) CRMLS #CC223570	$979,000
07/14/2008	Listed (Active) CRMLS #P646821	$979,000
07/14/2008	Listed (Active) CRMLS #CC223157	$979,000
07/14/2008	Listed (Active) CLAW #P646821MR	$979,000
05/11/2005	Sold (Public Record) Public Record #156465901	$990,000 +36.0% / yr
03/15/2005	Sold CRMLS #CC214162	$1,055,000
03/15/2005	Sold CLAW #P435991MR	$1,055,000
03/15/2005	Sold CRMLS #P435991	$1,055,000
02/20/2005	Pending CLAW #P435991MR	—
02/20/2005	Pending CRMLS #P435991	—
02/09/2005	Listed (Active) CLAW #P435991MR	$949,900
02/09/2005	Listed (Active) CRMLS #P435991	$949,900
02/09/2005	Listed (Active) CRMLS #CC214162	$949,900
09/26/2004	Sold CRMLS #CC215233	$765,000
09/26/2004	Sold CLAW #P390647MR	$765,000
09/26/2004	Sold CRMLS #P390647	$765,000
09/17/2004	Expired CLAW #P382626MR	—
07/09/2004	Sold (Public Record) Public Record #142735082	$765,000 +38.0% / yr
07/07/2004	Pending CRMLS #P390647	—
07/07/2004	Pending CLAW #P390647MR	—
05/07/2004	Listed (Active) CRMLS #P390647	$749,999
05/07/2004	Listed (Active) CRMLS #CC215233	$749,999
05/07/2004	Listed (Active) CLAW #P390647MR	$749,999
03/17/2004	Listed (Active) CLAW #P382626MR	$825,000
03/17/2004	Listed (Active) CRMLS #P382626	$825,000
03/17/2004	Listed (Active) CRMLS #CC214858	$825,000
08/20/2003	Sold (Public Record) Public Record #117750146	$575,000
08/20/2003	Sold CRMLS #P340510	$565,000
08/20/2003	Sold CLAW #P340510MR	$565,000
08/19/2003	Sold (Public Record) Public Record #117652229	$575,000
08/19/2003	Sold (Public Record) Public Record #117652229	$575,000
07/28/2003	Pending CLAW #P340510MR	—
07/28/2003	Pending CRMLS #P340510	—
07/04/2003	Sold CRMLS #P340509	$567,000
07/04/2003	Sold CLAW #P340509MR	$567,000
06/02/2003	Pending CRMLS #P340509	—
06/02/2003	Pending CLAW #P340509MR	—
04/25/2003	Listed (Active) CLAW #P340510MR	$564,999
04/25/2003	Listed (Active) CRMLS #P340509	$564,999
04/25/2003	Listed (Active) CRMLS #P340510	$564,999
04/25/2003	Listed (Active) CLAW #P340509MR	$564,999
02/28/2003	Sold CLAW #P317062MR	$568,000
02/28/2003	Sold CRMLS #P317062	$568,000
01/15/2003	Pending CLAW #P317062MR	—
01/15/2003	Pending CRMLS #P317062	—
10/26/2002	Listed (Active) CLAW #P317062MR	$568,000
10/26/2002	Listed (Active) CRMLS #P317062	$568,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 728 Lime Avenue

Taxable ValueLand$731,166Additions$313,355Total$1,044,521

Tax Record2025$14,650 ($1,221 / month)

Home Facts

Total Finished SqFt4,601 SqFtAbove Grade Finished SqFt4,601 SqFtLot Size7,501 SqFtStyleQuadraplexYear Built1912ZoningLBR4RCountyLOS ANGELESAPN7274-020-007

Schools near 728 Lime Avenue

This home is within Long Beach Unified School District.


Rating	School	Type	Grades	Distance
6/10	Stevenson Elementary School	Public - Serves this home	K to 5	0.2 mi
5/10	Franklin Classical Middle School	Public - Serves this home	6 to 8	0.4 mi
7/10	Polytechnic High School	Public - Serves this home	9 to 12	0.8 mi
7/10	Renaissance High School For The Arts	Public - Choice school	9 to 12	0.4 mi
NR	Clear Passage Educational Center	Charter - Choice school	9 to 12	0.6 mi
2/10	Educational Partnership High School	Public - Choice school	9 to 12	1.1 mi
NR	Saint Anthony High School	Private - Nearby school	9 to 12	0.1 mi
NR	St. Anthony Elementary School	Private - Nearby school	PK to 8	0.2 mi
NR	Montessori On Elm	Private - Nearby school	1 to 4	0.3 mi


Rating	School	Distance
6/10	Stevenson Elementary School PublicK to 5 Serves this home	0.2 mi
5/10	Franklin Classical Middle School Public6 to 8 Serves this home	0.4 mi
7/10	Polytechnic High School Public9 to 12 Serves this home	0.8 mi
7/10	Renaissance High School For The Arts Public9 to 12 Choice school	0.4 mi
NR	Clear Passage Educational Center Charter9 to 12 Choice school	0.6 mi
2/10	Educational Partnership High School Public9 to 12 Choice school	1.1 mi
NR	Saint Anthony High School Private9 to 12 Nearby school	0.1 mi
NR	St. Anthony Elementary School PrivatePK to 8 Nearby school	0.2 mi
NR	Montessori On Elm Private1 to 4 Nearby school	0.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 728 Lime Avenue, Long Beach, CA 90813

728 Lime Avenue is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on September 11, 2025 by Buckingham Investments, Inc, it's currently listed at $1,495,000. It has been on the market for a total of 75 days and was last sold on September 13, 2016. This listing's school district is Long Beach Unified School District. Nearby schools include Stevenson Elementary School, Franklin Classical Middle School and Polytechnic High School. 728 Lime Avenue is a 14-bed, 7-bath, 5,707 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Buckingham Investments, Inc, Anthony Walker, DRE #01908153; Buckingham Investments, Inc, Josh Ess, DRE #02035659

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

728 Lime AveLong Beach, CA 90813

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More information about 728 Lime Avenue, Long Beach, CA 90813

728 Lime Ave
Long Beach, CA 90813