5447 Lime Avenue, Long Beach, California 90805, Long Beach, 90805 - bed, bath

5447 Lime Avenue, Long Beach, California 90805 home-pic-0
ACTIVE$1,099,000
5447 Lime Avenue, Long Beach, California 90805
0Bed
0Bath
1,570Sqft
5,301Lot
Year Built
1927
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
OC25196257
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(68th), sqft - 1570(32th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
09/02/25
Listing
$1,099,000
08/04/22
Sold
$644,000
02/29/12
Sold
$187,500
04/02/96
Sold
$105,500
Condition Rating
Excellent

This property, while featuring an original structure from 1927, has been extensively renovated and expanded. The description highlights 'brand new electrical, and updated plumbing' in the main unit, along with new luxury vinyl plank flooring, AC, and Tesla solar panels. Crucially, it includes a 'Modern ADU' built in 2025, which is brand new construction with a full modern kitchen and bathroom (double-headed shower). The third bonus unit also features a full kitchen and bathroom. These comprehensive updates and new construction components across all units mean the property meets current quality standards with virtually new systems and finishes, qualifying it for an 'Excellent' condition rating.
Pros & Cons

Pros

Income-Generating Triplex with R3 Zoning: A rare multi-unit property with R3 zoning, offering three separate residences ideal for investors, multi-generational living, or owner-occupiers seeking significant rental income potential.
Extensive Modern Upgrades & New Construction: Features a newly constructed ADU (built 2025) with high-quality insulation and modern amenities, alongside the front unit's recent upgrades including AC, Tesla solar panels, new electrical, and updated plumbing.
Low Maintenance & Efficient Design: The property boasts a fully turfed and paver backyard, a turf-covered front yard, and the ADU's 10-inch thick insulated walls, contributing to minimal upkeep and energy efficiency.
Versatile Living & Rental Options: Three distinct units (2-bed, 1-bed ADU with loft, and a bonus unit with a Murphy bed) provide exceptional flexibility for various tenant types, guest accommodations, or dedicated home office space.
Ample Parking & Architectural Charm: Includes convenient 3-car side parking, a significant advantage for a multi-unit property, complemented by the charming classic Spanish architecture of the front home.

Cons

Compact Unit Sizes: With a total of 1570 sqft across three units, individual residences are quite compact, which may limit appeal for those desiring more spacious living arrangements or larger families.
Lack of Desirable Views: The property explicitly states 'None' for views, which could be a drawback for buyers prioritizing scenic outlooks or premium vistas.
Shared Outdoor Space: While low-maintenance, the backyard is described as a 'shared yard space,' which may not appeal to all tenants or owner-occupiers who prefer private outdoor areas for each unit.

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