Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1403 Lemon Ave Long Beach, CA 90813

    For Sale
    $1,300,000

    Single Family Residence - Long Beach, CA

    Type:Single Family Residence
    Property size:
    2,700 SF
    Lot size:
    6,603.00 Acres
    Days on Market:
    189
    Last Refresh:
    Dec 15 at 7:06 am

    Property Features for 1403 Lemon Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    LBR1N
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    14
    Bathrooms
    6
    APN
    7268015033
    Parking
    4
    Exterior features
    Community Features Included: Curbs, Sidewalks, Storm Drains, Street Lights, Front Yard, Landscaped, Lot 6500-9999, Near Public Transit
    Size
    2,700 SF
    Lot size
    6,603.00 Acres

    Building Details

    Year built
    1924
    Floors in Building
    1
    Number of units
    5
    Architectural style
    Other

    Beverly and Company, Inc. (818) 382-4160 [email protected]

    Listing agent Milla Pariser (818) 835-4414 License #02006267

    Listing date Jun 10, 2025

    MLS# SR25121571 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Investment in Long Beach

    Located in Long Beach, California, this multifamily property at 1403 Lemon Avenue presents an investment opportunity. The property, situated on a 6,519 square foot lot, features five units with a combined living area of approximately 2,700 square feet. The unit mix includes one detached 4-bedroom, 2-bath front house, one 4-bedroom, 1-bath unit, and three 2-bedroom, 1-bath units. The property is currently 100% occupied. The property includes four garages and two uncovered driveway parking spaces. The property is located near Downtown Long Beach.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.1793092
    Latitude
    33.7839601

    Nearby Similar for Sale

    • $3,999,000
      5,218 SF

      Renovated Quadplex Near Belmont Shore

      Extensively renovated quadplex near the beach and Belmont Shore.
      3626 E 1St St, Long Beach, CA 90803
      View Details
    • New
      $1,600,000
      1,763 SF

      Naples Duplex with Water View

      Beautiful duplex in the heart of Naples with excellent rental history.
      5653 E 2Nd St, Long Beach, CA 90803
      View Details
    • $1,550,000
      2,378 SF

      California Heights Duplex: Designer Sophistication

      Timeless California bungalows blending period architecture with refined, modern design.
      3580 Gundry Ave, Long Beach, CA 90807
      View Details
    • $2,700,000
      9,200 SF

      Long Beach Commercial Investment Property

      Commercial property with retail spaces and potential for additional development.
      208 W Anaheim St, Long Beach, CA 90813
      View Details
    • New
      $7,440,000
      56,690 SF

      Long Beach Multifamily Investment Opportunity

      Well-maintained 28-unit multifamily property near freeways and downtown Bixby.
      3430 Elm Ave, Long Beach, CA 90807
      View Details
    • $2,045,000
      4,600 SF

      Remodeled Long Beach Townhouse-Style Quadplex

      Fully remodeled 4-unit townhouse-style property in Long Beach, CA.
      1144 Stanley Ave, Long Beach, CA 90804
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five-unit income property in Long Beach with strong cash flow.
    Where is this apartment building located?
    The property is located at 1403 Lemon Ave Long Beach, CA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - High 8.76% Cap Rate: Delivers strong in-place cash flow.; - 100% Occupancy: Ensures a reliable and immediate income stream.; - Unit Mix Diversity: Includes a detached 4-bedroom house, a 4-bedroom unit, and three 2-bedroom units.
    (818) 835-4414
    Request Owner's contact information
    1403 Lemon Ave Long Beach, CA 90813
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1403 Lemon Ave
    Long Beach, CA 90813
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1403 Lemon Ave Long Beach, CA 90813
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.