5447 Lime Avenue, Long Beach, CA 90805
Property Description
A rare opportunity to own a versatile, multi-unit property featuring three separate residences on one R3-zoned lot—ideal for investors, multi-generational living, or owner-occupiers seeking rental income. Unit 1 – Spanish-Style Front Home (Built in 1927):This charming 2-bedroom, 1-bathroom home showcases classic Spanish architecture with smooth white stucco, a raised front patio, and a turf-covered front yard for low-maintenance curb appeal. Inside, luxury vinyl plank flooring flows through a spacious open floor plan, highlighted by French doors that open onto a large shared yard space—perfect for indoor-outdoor living. Air conditioning, energy-efficient Tesla solar panels, in-unit laundry, brand new electrical, and updated plumbing provide modern convenience while preserving timeless character. Unit 2 – Modern ADU (Built in 2025): Thoughtfully designed for comfort and privacy, this newly constructed ADU includes a bedroom, bathroom with double-headed shower, full kitchen with stove and refrigerator, in-unit laundry, air conditioning and a 144 sq ft loft for added space. The 10-inch thick insulated walls in the living and kitchen areas keep the home cool in the summer and warm in the winter, while the studio-grade insulated bedroom ensures near-silent rest or recording-quality soundproofing for creatives. Unit 3 – Versatile Bonus Unit: Compact and efficient, the third unit includes a full kitchen, bathroom, and a Murphy bed, making it an ideal guest suite, office space, or rental opportunity. The entire property features a fully turfed and paver backyard, providing a clean, green aesthetic and minimal upkeep. With 3-car side parking and prime R3 zoning, the possibilities are endless—live in one unit and rent the others, host extended family, or generate strong income from all three.