122 Lime Avenue, Long Beach, California 90802, Long Beach, 90802 - 2 bed, 2 bath

122 Lime Avenue, Long Beach, California 90802 home-pic-0
ACTIVE$800,000
122 Lime Avenue, Long Beach, California 90802
2Beds
2Baths
1,174Sqft
1,990Lot

Price Vs. Estimate

The estimated value ($762,103.575) is $37,896.425 (4%) lower than the list price ($800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Downtown Long Beach Location: The property is situated in the highly walkable East Village Arts District, offering immediate access to beaches, the Marina, Shoreline Village, Metro, and numerous cultural and entertainment venues.
Top Cons:
Off-Site Rented Parking: Parking is not included with the property and requires renting a garage space nearby, representing an ongoing cost and potential inconvenience.

Compared to the nearby listings

Price:$800.0K vs avg $820.0K ($-20,000)50%
Size:1,174 sqft vs avg 1,344 sqft40%
Price/sqft:$681 vs avg $66150%

More Insights

Built in 1903 (122 years old).
Condition: Despite being built in 1903, this property has undergone significant and recent renovations, making it move-in ready. The living areas feature modern LVP flooring, and the bathrooms have been tastefully updated with contemporary finishes like glass shower enclosures and subway tile. The kitchen includes stainless steel appliances, though the backsplash and floor tile suggest a renovation that is functional and clean, but not necessarily cutting-edge new. The description highlights 'updated systems' and a 'well-maintained interior,' aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years, ensuring major systems are functional and there's minimal wear and tear.
Year Built
1903
Close
-
List price
$800K
Original List price
$875K
Price/Sqft
$681
HOA
-
Days on market
-
Sold On
-
MLS number
CV25158054
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Price to sell!! Huge Price Improvement!! Location, Location, Location! Welcome to the heart of the vibrant East Village Arts District, where the energy of downtown Long Beach meets the calm of coastal living. This rare single-family home offers a unique opportunity to own a detached residence in one of the most walkable and culturally rich neighborhoods in the city—just blocks from the Marina, Shoreline Village, and the BEACH. Featuring 2 bedrooms, 2 full bathrooms, and a versatile bonus room perfect for a guest suite, home office or creative studio, this property offers flexible living in a highly desirable setting. The primary bedroom includes a walk-in closet, and the open-concept living and dining areas flow effortlessly to a private outdoor terrace, ideal for entertaining or enjoying quiet mornings. The kitchen features stainless steel appliances, and both bathrooms have been updated in recent years with tasteful, modern finishes. Other highlights include high ceilings, updated systems, and an overall well-maintained interior that blends charm with comfort. Beyond its appeal as a primary residence, this home presents strong investment potential. With consistent guest demand driven by city tourism, nearby cruise terminals, and the Long Beach Convention Center, it may be a great fit for those seeking a second home or future furnished rental (buyers to verify local regulations). You'll be just steps from local cafés, art galleries, the Metro station, grocery stores, restaurants, the Convention Center, Performing Arts Center, The Pike, Aquarium of the Pacific, and more. Surrounded by energy and growth—including three brand-new luxury developments just two blocks away—this is one of the most connected and evolving neighborhoods in Long Beach. Garage parking is available for rent just steps from the property. Whether you're biking along the coast, walking to a concert, or heading out for dinner downtown, East Village offers the best of city living by the sea. Don’t miss this rare chance to own a piece of Long Beach where creativity, convenience, and community come together.

Nearby schools

6/10
Chavez Elementary School
Public,K-50.1mi
7/10
Stevenson Elementary School
Public,K-50.3mi
7/10
International Elementary School
Public,K-50.6mi
7/10
Lincoln Elementary School
Public,K-50.9mi
5/10
Edison Elementary School
Public,K-51.0mi
7/10
Roosevelt Elementary School
Public,K-51.2mi
6/10
Franklin Classical Middle School
Public,6-80.5mi
6/10
Washington Middle School
Public,6-81.3mi
6/10
Polytechnic High School
Public,9-121.3mi
3/10
Cabrillo High School
Public,9-122.5mi

Price History

Date
Event
Price
10/29/99
Sold
$109,000
11/22/96
Sold
$95,000
08/24/21
Sold
$759,500
07/31/03
Sold
$345,000
Condition Rating
Good

Despite being built in 1903, this property has undergone significant and recent renovations, making it move-in ready. The living areas feature modern LVP flooring, and the bathrooms have been tastefully updated with contemporary finishes like glass shower enclosures and subway tile. The kitchen includes stainless steel appliances, though the backsplash and floor tile suggest a renovation that is functional and clean, but not necessarily cutting-edge new. The description highlights 'updated systems' and a 'well-maintained interior,' aligning with the 'Good' criteria for a property extensively renovated within the last 5-15 years, ensuring major systems are functional and there's minimal wear and tear.
Pros & Cons

Pros

Prime Downtown Long Beach Location: The property is situated in the highly walkable East Village Arts District, offering immediate access to beaches, the Marina, Shoreline Village, Metro, and numerous cultural and entertainment venues.
Rare Detached Single-Family Home: A unique and highly desirable offering in a dense urban environment, providing the privacy and independence of a detached residence.
Updated & Versatile Interior: Features modern kitchen appliances, recently updated bathrooms, high ceilings, a flexible bonus room, and a private outdoor terrace, blending charm with comfort.
Strong Investment Potential: Benefiting from consistent guest demand driven by city tourism, cruise terminals, and the Long Beach Convention Center, making it suitable for a second home or furnished rental.
Significant Price Improvement: A recent 'Huge Price Improvement' from the original list price makes the property more competitively priced and attractive to potential buyers.

Cons

Off-Site Rented Parking: Parking is not included with the property and requires renting a garage space nearby, representing an ongoing cost and potential inconvenience.
Historic Property Considerations: Built in 1903, despite updates, older homes can sometimes present unforeseen maintenance challenges or limitations compared to newer construction.
Rental Regulation Verification Required: Buyers are advised to verify local regulations for furnished rentals, indicating potential complexities or restrictions for investors interested in this use.

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