Long Beach, CA 90813,1403 Lemon AVE
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Long Beach, CA 90813,1403 Lemon AVE
Long Beach, CA 90813,1403 Lemon AVE
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Listed by Milla Pariser • Beverly and Company
$ 1,300,000
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1403 Lemon AVE Long Beach, CA 90813

6,603 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25121571

Year Built 1924

Lot Size 6,603 Sqft

Source California Regional MLS

Property Description

Welcome to 1403 Lemon Avenue, an outstanding multifamily investment located in the vibrant, rapidly appreciating area of Long Beach, California. This well-positioned five-unit income property offers investors a rare blend of strong in-place cash flow, potential for long-term value appreciation, and the benefit of 100% occupancy-all in one of Southern California's most dynamic coastal cities. Positioned on a 6,519 square foot lot, the property consists of five distinct units with a combined living area of approximately 2,700 square feet. The unit mix includes: . One detached 4-bedroom, 2-bath front house, offering the feel and privacy of a single-family residence. . One 4-bedroom, 1-bath unit, perfect for larger households or shared living scenarios. . Three 2-bedroom, 1-bath units, ideal for small families, professionals, or long-term tenants. This unit diversity not only maximizes rental appeal across a broad demographic but also minimizes vacancy risk, ensuring a reliable income stream for the savvy investor. Strong Income with Upside Potential Currently operating at full occupancy, 1403 Lemon Ave delivers an impressive 8.76% cap rate-a rare find in today's Southern California market. With below-market rents in place and room for value-add im

Location

State CA

County Los Angeles

Area 9 - Poly High

Interior

Laundry None

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 7268015033

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Los Cerritos Elementary School

    Public | KG - 5

  • 9

    Fremont Elementary School

    Public | KG - 5

  • 8

    Signal Hill Elementary School

    Public | KG - 5

  • 8

    Alvarado Elementary School

    Public | KG - 5

  • 7

    Muir Academy

    Public | KG - 8

  • 7

    Chavez Elementary School

    Public | KG - 5

  • 7

    Birney Elementary School

    Public | KG - 5

  • 7

    Lafayette Elementary School

    Public | KG - 5

  • 7

    Robert Louis Stevenson Elementary School

    Public | KG - 5

  • 7

    Longfellow Elementary School

    Public | KG - 5

  • 7

    Lincoln Elementary School

    Public | KG - 5

  • 6

    Garfield Elementary School

    Public | KG - 5

  • 6

    Robinson K - 8 Academy

    Public | KG - 8

  • 6

    Roosevelt Elementary School

    Public | KG - 5

  • 6

    Mann Elementary School

    Public | KG - 5

  • 6

    Bryant Elementary School

    Public | KG - 5

  • 5

    Elizabeth Beth Hudson K - 8 School

    Public | KG - 8

  • 5

    Daniel Webster Elementary School

    Public | KG - 5

  • 5

    Oropeza Elementary School

    Public | KG - 5

  • 5

    Smith Elementary School

    Public | KG - 5

Middle Schools 10
  • 9

    Intellectual Virtues Academy of Long Beach

    Public | 6 - 8

  • 7

    Hughes Middle School

    Public | 6 - 8

  • 6

    Franklin Classical Middle School

    Public | 6 - 8

  • 6

    Jessie E. Nelson Academy

    Public | 6 - 8

  • 5

    Stephens Middle School

    Public | 6 - 8

  • 5

    Washington Middle School

    Public | 6 - 8

  • 5

    Jefferson Leadership Academies

    Public | 6 - 8

  • 0

    Regency High School

    Private | 7 - 12

  • 0

    Zinsmeyer Academy

    Private | 8 - 12

  • 0

    Select Community Day (Secondary)

    Public | 7 - 12

High Schools 9
  • 7

    Renaissance High School for the Arts

    Public | 9 - 12

  • 7

    Wilson High School

    Public | 9 - 12

  • 6

    Polytechnic High School

    Public | 9 - 12

  • 1

    Cabrillo High School

    Public | 9 - 12

  • 1

    Beach High-Intensive Learning Program

    Public | 9 - 12

  • 0

    Reid High School

    Public | 11 - 12

  • 0

    Educational Partnership High School

    Public | 9 - 12

  • 0

    St Anthony High School

    Private | 9 - 12

  • 0

    Long Beach Unified School District Regional Occupational Program

    Public | 10 - 12

School and business data provided by Attom Data.
Maxwell Dukelow

Maxwell Dukelow

Agent | License ID: 02113278

+1(408) 508-3200

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1403 Lemon AVE