1035 Lime Avenue
Long Beach, CA 90813
Listing broker / agent: Marcus & Millichap RE Invest · Tyler Leeson · tleeson@marcusmillichap.com · CRMLS
MLS # OC26200969 · Last checked Oct 20, 2026 09:24 UTC
About this property
1035 Lime Avenue is a 10-unit multifamily investment property located in Long Beach, California. Built in 1924 and situated on a 0.15-acre lot, 1035 Lime Avenue features a unit mix of 2 studios, 6 1-bed/1-bath units and 2 2-bed/1-bath units totaling approximately 6,384 square feet of net rentable area. The gated property offers a central courtyard, an on-site laundry facility and 5 garage parking spaces. The laundry facility provides existing ancillary income, while the garage parking offers additional flexibility as a separate revenue source or tenant amenity. Current ownership has completed substantial improvements to both the building systems and individual units. Work includes new copper plumbing, updated electrical systems and all-new kitchens and bathrooms throughout the property. Most units have undergone extensive renovations, with much of the interior work involving down-to-the-studs improvements. These upgrades provide a strong physical foundation and reduce the need for an incoming owner to undertake a significant renovation program. 1035 Lime Avenue is located near the East Village Arts District and Downtown Long Beach, placing residents close to an established mix of restaurants, retail, entertainment and cultural destinations. The property is also within convenient reach of the Long Beach waterfront, including the marina, shoreline recreation, dining and other coastal amenities. With substantial capital and interior improvements already completed, 1035 Lime Avenue offers an investor the opportunity to acquire an improved multifamily asset in a central Long Beach location. Its diverse unit mix, gated setting, garage parking, ancillary income sources and proximity to Downtown, East Village and the waterfront support the property’s long-term appeal to renters.
Property details
- MLS number
- OC26200969
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.15 acres
- County
- Los Angeles
- Year built
- 1924
More property detailsCollapse
Listing
- Days on market
- 0
Building
- Year built
- 1924
- Year built source
- Assessor
- Building stories
- 2
- Entry level
- 1
Rooms & interior
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 5
- Garage spaces
- 5
- Pool
- None
- Lot features
- Street Level
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Curbs, Gutters, Street Lights, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Clear Passage Educational Center (school website, opens in a new tab) Long Beach Unified · Long Beach | 9–12 | 0.4 mi |
| Renaissance High School for the Arts Long Beach Unified · Long Beach | 9–12 | 0.4 mi |
| Lincoln Elementary Long Beach Unified · Long Beach | K–5 | 0.4 mi |
| Jenny Oropeza Elementary Long Beach Unified · Long Beach | K–5 | 0.4 mi |
| Stevenson Elementary Long Beach Unified · Long Beach | K–5 | 0.4 mi |
| Roosevelt Elementary Long Beach Unified · Long Beach | K–5 | 0.5 mi |
| Polytechnic High Long Beach Unified · Long Beach | 9–12 | 0.5 mi |
| Franklin Classical Middle Long Beach Unified · Long Beach | 6–8 | 0.6 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,000,000
- MLS-reported original asking price
- $2,000,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:54 | $2,000,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Long Beach
Active residential homes for sale in Long Beach, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
109 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 09:58 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗