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Renovated Apartment Building
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1035 Lime Avenue, Long Beach, CA 90813

Gated community with a courtyard, on-site laundry, and garage parking.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market4

Property Features for 1035 Lime Avenue

General Information

Standard status Active
Net Rentable 6,384 SF
Total Parking Spaces 5
Lot size 0.15 Acres
Property subtype Multifamily

Units

Unit Mix 2 x studio, 6 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 10

Amenities

central courtyard
on-site laundry facility
gated property

Building Details

Year Built 1924
Listing Agency: Marcus & Millichap - Orange County
Listed By: Tyler Leeson · License #CA 01451551
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 16 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Orange County

Investment Insights

Based on property information with market context.

This 10-unit apartment building occupies a 0.15-acre lot and provides approximately 6,384 square feet of net rentable area. The unit mix includes 2 studios, 6 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units. Property features include controlled access, a central courtyard, an on-site laundry facility, and 5 garage parking spaces.

Built in 1924, the property has received extensive work to its building systems and residences. Improvements include copper plumbing, electrical updates, and new kitchens and bathrooms throughout, with many interiors rebuilt from the framing stage. The laundry and garage spaces provide additional functional components for the property.

The address is near Long Beach’s East Village Arts District and Downtown, with access to restaurants, retail, entertainment, and cultural destinations. The Long Beach waterfront, marina, shoreline recreation, and coastal dining are also nearby.

Key Highlights

  • 10‑unit apartment building on a 0.15‑acre lot
  • Approximately 6,384 square feet of net rentable area
  • Unit mix includes 2 studios, 6 1‑bed/1‑bath units, and 2 2‑bed/1‑bath units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Tanning Salon Storage Facility (Bike/Boat/Book/etc) Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

3,845
Businesses Nearby

Demographics for 90813, CA

54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated community with a courtyard, on-site laundry, and garage parking.
Where is this apartment building located?
The property is located at 1035 Lime Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 10‑unit apartment building on a 0.15‑acre lot; Approximately 6,384 square feet of net rentable area; Unit mix includes 2 studios, 6 1‑bed/1‑bath units, and 2 2‑bed/1‑bath units
(949) 419-3200 Call to check price and availability
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