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Listed by: Steven Bogoyevac | Steven M. Bogoyevac, Broker
Sold Jan 24, 2017
$2,700,000
5720 Lemon Avenue, Long Beach CA
-beds
-baths
11,330sq ft
$238/sq ft
18 days on rennie40 cumulative days on market
PW16761685MLS ®
The offering comprises two 1986-construction buildings that contain a total of six one-bedroom/one-bath units and eight two-bedroom/one-bath units. The property also features on-site laundry and ample garage parking. 80’s construction buildings are seen as prime assets because they tend to have larger units, demand higher rents, and on average have significantly lower operating and long-term maintenance expenses. These advantages, along with potential upside in rents and a good location in a dense rental market, make 5720-22 Lemon Avenue a great opportunity for any investor.
property details
Residential IncomeProperty type | |||
11,195 ft²Lot area SF | |||
$0Taxes | |||
| Subarea | North Long Beach (NLB) | ||
| Listed by | Steven M. Bogoyevac, Broker | ||
| rennie last checked | May 19, 2025 at 10:40am | ||
| Last updated | February 15, 2025 at 01:54pm | ||
| Cumulative days on market | 40 days | ||
| Closed Date | January 24, 2017 | ||
| Source | CRMLS |