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614 Lime Ave, Long Beach, CA 90802
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614 Lime Ave Long Beach, CA 90802

$1,300,000 Sold Price as of 04/09/2019
  • 14 Beds
  • 8 Baths
  • 2 Sq.Ft.
Sold
$1,300,000 Sold Price as of 04/09/2019 Refinance Your Mortgage
Map preview of 614 Lime Ave, Long Beach, CA 90802

Property Overview: 614 Lime Ave Long Beach, CA has 14 bedrooms, 8 bathrooms, 2 living square feet and 4,056 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Town house style buildings (2) 4 Br, 2.25 Baths approx.. 1300 S.F, & (2) 3Br, 2Bath Approx. $ 1140 Sf. . Stacked single level. Tenants pay all utilities. Landlord pay Water & trash. Actual Address: 614- 618 Lime St. & 701- 705 6th St.. 2 separated building on one lot.

Listed by Nick Hoffman | BRE #00811392 | Western International
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 122

Home details

Lot Sq. Ft
4,056
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW18196561
City
Long Beach
County
Los Angeles
Time on Site
1522 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,785
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,785
  • Total Rent: $1,785
  • Pro Forma/Market Rent: $1,785
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $87,120
  • Net Operating Income: $63,739
  • Gross Operating Income: --
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $23,381
  • Electric: $445
  • Licenses: $238
  • New Taxes: $17,438
  • Trash: $0
  • Gardener: $360
  • Insurance: $2,200
  • Water/Sewer: $2,700

Property Details for 614 Lime Ave

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7274019015
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Beach (AB)
  • Directions: Lime & 6th St
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 614 Lime Ave

Last sold for $1,300,000 on April 9th, 2019

  • April, 2019

  • Apr 10, 2019

    Date

    Sold

    CRMLS: PW18196561

    $1,300,000

    Price

  • Mar 22, 2019

    Date

    Pending

    CRMLS: PW18196561

    $1,399,000

    Price

  • Aug 13, 2018

    Date

    Active

    CRMLS: PW18196561

    $1,399,000

    Price

  • April, 2019

  • Apr 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • September, 2018

  • Sep 1, 2018

    Date

    Expired

    CRMLS: PW17188803

    $1,390,000

    Price

  • May 24, 2018

    Date

    Withdrawn

    CRMLS: PW17188803

    $1,390,000

    Price

  • Apr 17, 2018

    Date

    Price Change

    CRMLS: PW17188803

    $1,390,000

    Price

  • Apr 17, 2018

    Date

    Active

    CRMLS: PW17188803

    $1,350,000

    Price

  • Jan 29, 2018

    Date

    Withdrawn

    CRMLS: PW17188803

    $1,350,000

    Price

  • Nov 10, 2017

    Date

    Price Change

    CRMLS: PW17188803

    $1,350,000

    Price

  • Aug 15, 2017

    Date

    Active

    CRMLS: PW17188803

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Two Large Duplex town house style buildings (2) 4br, 2.50 baths aprox 1300sf., and (2) 3br, 2bath aprox. 1140sf. stacked single level. Tenants pay all utilities & trash. Landlord pay water & sewage. Close to school All 4 units were completely upgraded both buildings are earthquake strapped. Actual Address 614- 618 Lime St. 701-705 6th St. 2 separated buildings on one lot.

  • September, 2017

  • Sep 1, 2017

    Date

    Expired

    CRMLS: PW17089703

    $1,299,000

    Price

  • May 16, 2017

    Date

    Withdrawn

    CRMLS: PW17089703

    $1,299,000

    Price

  • Apr 27, 2017

    Date

    Active

    CRMLS: PW17089703

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    Large fourplex, (2) 4br, 2.50 baths Townhouse style. (2) 3Br, 2baths single level . Tenants pay all utilities & trash. Landlord pay water and sewage. Close to school & downtown area. Great rental area. All 4 units were completely upgraded both building had earthquake strap. Actual address 614- 618 Lime St & 701- 705 E. 6th St. into separate buildings on one lot.

  • September, 2017

  • Sep 1, 2017

    Date

    Expired

    CRMLS: PW16183047

    $1,299,000

    Price

  • Oct 20, 2016

    Date

    Withdrawn

    CRMLS: PW16183047

    $1,299,000

    Price

  • Sep 1, 2016

    Date

    Price Change

    CRMLS: PW16183047

    $1,299,000

    Price

  • Aug 19, 2016

    Date

    Price Change

    CRMLS: PW16183047

    $1,325,000

    Price

  • Listing provided courtesy of CRMLS

    Large Fourplex, 4874 Sq. Ft. Great income. (2) 4Br, 2.50 bath Townhouse style. (2) 3Br, 2 Baths single story. Tenants pay all utilities except for water and sewage. Great rental area close to school & downtown. Actual Addresses are : 614- 618 Lime Street & 701- 705 6TH STREET.

  • June, 2015

  • Jun 29, 2015

    Date

    Sold (Public Records)

    Public Records

    $960,000

    Price

Show More

Tax History for 614 Lime Ave

Assessed Value (2020): $1,326,205
Year Land Value Improved Value Assessed Value
2020 $861,900 $464,305 $1,326,205

Home Value Compared to the Market

This property vs the competition

614 Lime Ave sold on April 9, 2019 for 70.82% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $699500 per/sqft which puts the price per square foot 111285.35% higher than the current median sale per square foot for the city of Long Beach.

About 614 Lime Ave

Detailed summary of property

614 Lime Ave is a multi family that recently sold in Long Beach, CA 90802. This multi family property offered 14 bedrooms, 8 bathrooms, roughly 2 living square feet, and sits on an approximately 4,056 square foot lot. 614 Lime Ave was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,300,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 70.82% higher than the current median priced home. Local homes that are currently for sale include 2311 E 6th St, 1961 Pine Ave and 1509 N Stanton Pl. While the average home in Long Beach, CA is selling in 62 days, 614 Lime Ave has a days on market of 122 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 614 Lime Ave Long Beach, CA 90802 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 614 Lime Ave

Public county record property details
Beds
14
Baths
8
Year built
1911
Sq. Ft.
4,874
Lot Size
4,055
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
17,18
APN
7274-019-015

The source for these homes facts are from public records.

90802 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$569,000
Median List Price/Sq.Ft.
$660
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$619
Total Inventory
173
Median Sale to List Price %
100.39%
Avg Days on Market
43
Loan Type
Conventional (60.71%), FHA (7.14%), VA (0%), Cash (14.29%), Other (17.86%)

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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.

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