1983 Lime Ave, Long Beach, CA 90806
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1983 Lime Ave Long Beach, CA 90806

$600,000 Sold Price as of 05/06/2021
  • 6 Beds
  • 4 Baths
  • 2,356 Sq.Ft.
Sold
$600,000 Sold Price as of 05/06/2021 Refinance Your Mortgage

Map preview of 1983 Lime Ave, Long Beach, CA 90806

Property Overview: 1983 Lime Ave Long Beach, CA has 6 bedrooms, 4 bathrooms, 2,356 living square feet and 6,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Four units ready to collect rent, Good neighborhood, Live in one rent the others, owner occupied or investor.

Listed by CARMEN SMILEY | BRE #00939472 | HOMES & LAND OF CALIFORNIA
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
6,600
HOA Dues
$0/mo
Year built
1912
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV21012365
City
Long Beach
County
Los Angeles
Time on Site
1208 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $87,000
  • Net Operating Income: $75,950
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,050
  • Electric: $250
  • Gas/Fuel: $0
  • New Taxes: $7,500
  • Trash: $600
  • Insurance: $1,500
  • Water/Sewer: $1,200

Property Details for 1983 Lime Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7210009004
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: North Long Beach (NLB)
  • Directions: Atlantic to 19th to Lime
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1983 Lime Ave

Last sold for $600,000 on May 6th, 2021
  • May, 2021

  • May 6, 2021

    Date

    Sold

    CRMLS: IV21012365

    $600,000

    Price

  • Jan 25, 2021

    Date

    Pending

    CRMLS: IV21012365

    $600,000

    Price

  • Jan 25, 2021

    Date

    Active

    CRMLS: IV21012365

    $600,000

    Price

  • Jan 20, 2021

    Date

    Hold

    CRMLS: IV21012365

    $600,000

    Price

  • Jan 20, 2021

    Date

    Active

    CRMLS: IV21012365

    $600,000

    Price

  • October, 2001

  • Oct 4, 2001

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

  • December, 2000

  • Dec 1, 2000

    Date

    Sold (Public Records)

    Public Records

    $144,000

    Price

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Tax History for 1983 Lime Ave

Assessed Value (2020): $700,317
Year Land Value Improved Value Assessed Value
2020 $303,996 $396,321 $700,317

Home Value Compared to the Market

This property vs the competition

1983 Lime Ave sold on May 6, 2021 for 25% lower than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $254.67 per/sqft which puts the price per square foot 59.7% lower than the current median sale per square foot for the city of Long Beach.

About 1983 Lime Ave

Detailed summary of property

1983 Lime Ave is a multi family that recently sold in Long Beach, CA 90806. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,356 living square feet, and sits on an approximately 6,600 square foot lot. 1983 Lime Ave was first listed on ArdentRealEstateGroup.com on January 25, 2021. The homeowner sold the property for $600,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 25% lower than the current median priced home. Local homes that are currently for sale include 411 W 111th St, 1334 E 92nd St and 1643 E 87th Pl. While the average home in Long Beach, CA is selling in 51 days, 1983 Lime Ave has a days on market of 1 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1983 Lime Ave Long Beach, CA 90806 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1983 Lime Ave

Public county record property details
Beds
6
Baths
4
Year built
1912
Sq. Ft.
2,356
Lot Size
6,600
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
7210-009-004

The source for these homes facts are from public records.

90806 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$795,000
Median List Price/Sq.Ft.
$614
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$641
Total Inventory
13
Median Sale to List Price %
101.69%
Avg Days on Market
16
Loan Type
Conventional (55.56%), FHA (11.11%), VA (0%), Cash (0%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.