5447 Lime Avenue, Long Beach, California 90805, Long Beach, 90805 - 3 bed, 2 bath
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5447 Lime Avenue
Long Beach, California 90805
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,570Sq Ft
5,301Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$920,038
8% AboveMARKET VALUE
SUMMARY
This Turnkey Spanish-style Residence represents a Strong Value Opportunity, listed at $1,049,000—positioned slightly above the $977,059 Fair Market Value. While priced at a market premium, the property features a 2025 Detached ADU and a Separate Flex Studio, providing significant income-generating potential. With a Condition Rating of 2, the home includes a Tesla Solar System and 200-amp electrical panel, ensuring modern efficiency. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility, multi-generational living solution in Long Beach.
Estimated Market Value
$920,038
Based on Realkey algorithm analyzing recent comparable sales in Long Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5447 Lime Avenue Subject | $999,000* List Price | 3 | 2 | 1,570 | $586 | - |
A 5641 Linden Ave Sold | $785,000 | 3 | 2 | 1,262 | $622 | 0.3 mi |
B 6754 Rose Sold | $725,000 | 3 | 2 | 1,421 | $510 | 0.8 mi |
C 6081 Lemon Sold | $890,000 | 4 | 2 | 1,772 | $502 | 0.7 mi |
D 1615 E 59th Street Sold | $819,000 | 3 | 2 | 1,338 | $612 | 0.8 mi |
E 1815 E Hungerford Sold | $890,000 | 4 | 2 | 1,446 | $615 | 1.0 mi |
F 6021 Olive Avenue Sold | $765,000 | 2 | 2 | 1,284 | $596 | 0.6 mi |
G 5493 Cerritos Sold | $765,000 | 3 | 2 | 1,033 | $741 | 0.3 mi |
H 312 E Peace Sold | $775,000 | 3 | 3 | 1,445 | $536 | 0.7 mi |
I 5718 Linden Avenue Pending | $780,000 List Price | 4 | 3 | 1,504 | $519 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a brand new 2025 detached ADU and a main residence with extensive recent updates. Key systems are modernized, including a 200-amp electrical panel, Tesla solar system, and mini-split HVAC units. Interiors show contemporary kitchens, updated flooring, and mint-condition finishes throughout, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features a newly completed 2025 ADU with a separate entrance and electric meter, plus an additional flex studio, offering exceptional rental income or multi-generational living opportunities.
- Energy Efficiency & Modern Upgrades
Equipped with a Tesla solar system, a 200-amp electrical panel, and mini-split cooling systems, the home provides modern infrastructure and significant utility cost savings.
- Turnkey Spanish Character
This 1927 Spanish-style residence blends original architectural charm with high-end updates, including new exterior stucco and low-maintenance landscaping with pavers and turf.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1570, other record living area = 884. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Market Premium
The list price of over $1M represents a substantial increase from its 2022 sale price, which may challenge appraisal values or buyer expectations for the North Long Beach area.
- High Lot Coverage
With three distinct structures on a 5,301 square foot lot, the remaining outdoor space is limited, potentially feeling crowded for those seeking a traditional spacious backyard.
About 5447 Lime Avenue
Versatile Spanish-style North Long Beach property near the Atlantic Ave corridor with a main residence, newly completed detached 2025 ADU, and separate rear studio/flex space. The main home features an open living and kitchen layout with thoughtful updates while preserving its original Spanish-style character. The 1-bedroom, 1-bath ADU includes its own kitchen, refrigerator/range, mini split system, separate entrance, separate electric meter, and lofted area. A separate rear studio/flex space adds flexibility for office, creative, storage, or long-term use possibilities. Outdoor areas have been upgraded with pavers, turf, and a cinder block privacy wall for low-maintenance entertaining and enjoyment. Additional improvements include a 200-amp electrical panel, exterior stucco, mini split systems, and Tesla solar system. Near neighborhood shopping, dining, conveniences, and public transit options.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 5,301 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,570 | 1,519.995 |
| Lot Size | 5,301 | 5,807.524 |
| Price | $999.0K | $1.03M |
| Price per sq ft | $636 | $728 |
| Built year | 1927 | 1948 |
| HOA | $0 | $259 |
| Days on market | 64 | 48 |
Pricing History
Listed for Sale
Aug 7, 2026
$999,000
$1,049,000
-5% Price Drop
Initial Listing
Price Change
Jul 7, 2026
$1,049,000
Initial Listing
Sold
Aug 4, 2022
$644,000
Public Record
Sold
Feb 29, 2012
$187,500
Public Record
Sold
Apr 2, 1996
$105,500
Public Record