# 1403 Lemon Avenue, Long Beach, CA 90813 > **TL;DR:** 14bd/6ba single family, $1,095,000, built 1924. > 4-car garage. Est. $5,856/mo. Listed 164 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,095,000 | | Bedrooms | 14 | | Bathrooms | 6 full | | Year Built | 1924 | | Lot Size | 6,604 sqft (0.15 acres) | | Stories | 2 | | Garage | 4-car | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 164 | ## Why This Home Stands Out - **Large Garage** - 4-car garage ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,537 | | Estimated Insurance | $319 | | **Total** | **$5,856** | ## Key Amenities - 4-car garage ## Property Highlights - Built in 1924 - 0.15 acre lot - 2 stories - 4 parking spaces ## Description ### Agent Description SELLER FINANCING AVAILABLE AT 5% INTEREST-AN EXCEPTIONAL OPPORTUNITY FOR QUALIFIED BUYERS, SUBJECT TO SELLER APPROVAL AND MUTUALLY AGREED-UPON TERMS. Welcome to 1403 Lemon Avenue, an outstanding multifamily investment located in the vibrant, rapidly appreciating area of Long Beach, California. This well-positioned five-unit income property offers investors a rare blend of strong in-place cash flow, potential for long-term value appreciation, all in one of Southern California's most dynamic coastal cities. Positioned on a 6,519 square foot lot, the property consists of five distinct units with a combined living area of approximately 2,700 square feet. The unit mix includes: - One detached 4-bedroom, 2-bath front house, offering the feel and privacy of a single-family residence. - One 4-bedroom, 1-bath unit, perfect for larger households or shared living scenarios. - Three 2-bedroom, 1-bath units, ideal for small families, professionals, or long-term tenants. This unit diversity not only maximizes rental appeal across a broad demographic but also minimizes vacancy risk, ensuring a reliable income stream for the savvy investor. Strong Income with Upside Potential Currently two vacancies, 1403 Lemon Ave delivers an impressive 8.76% cap rate-a rare find in today's Southern California market. With below-market rents in place and room for value-add improvements, there's still significant upside potential for rental increases over time, particularly as the Long Beach rental market continues to strengthen. For investors seeking a stabilized asset with future growth potential, this property offers both: strong existing cash flow and long-term opportunity for rent optimization and appreciation. Parking & Storage: Valuable Add-Ons The property includes four garages and two uncovered driveway parking spaces, a premium amenity in this densely populated urban neighborhood. These spaces could potentially generate additional income if rented separately or bundled with leases-another layer of return on your investment. Garages may also appeal to owner-users, short-term rental hosts, or tenants needing extra storage. Prime Location Near Downtown Long Beach ## Location - **Address:** 1403 Lemon Avenue, Long Beach, CA 90813 - **County:** Los Angeles - **Neighborhood:** Poly High (PH) ## Listing Agent - **Name:** Milla Pariser · **License:** 02006267 - **Brokerage:** Beverly and Company, Inc. - **Broker Phone:** (818) 382-4160 ## Photos ![1403 Lemon Avenue - Photo 1](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1745288643r.jpg) ![1403 Lemon Avenue - Photo 2](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1722783312r.jpg) ![1403 Lemon Avenue - Photo 3](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f977916893r.jpg) ![1403 Lemon Avenue - Photo 4](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f608606407r.jpg) ![1403 Lemon Avenue - Photo 5](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f46015813r.jpg) ![1403 Lemon Avenue - Photo 6](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3565258892r.jpg) ![1403 Lemon Avenue - Photo 7](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3877890284r.jpg) ![1403 Lemon Avenue - Photo 8](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1095715215r.jpg) ![1403 Lemon Avenue - Photo 9](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1477936579r.jpg) ![1403 Lemon Avenue - Photo 10](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2399607554r.jpg) ![1403 Lemon Avenue - Photo 11](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1200014342r.jpg) ![1403 Lemon Avenue - Photo 12](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2724007899r.jpg) ![1403 Lemon Avenue - Photo 13](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1074695518r.jpg) ![1403 Lemon Avenue - Photo 14](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2373683460r.jpg) ![1403 Lemon Avenue - Photo 15](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1930329150r.jpg) ![1403 Lemon Avenue - Photo 16](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2240526381r.jpg) ![1403 Lemon Avenue - Photo 17](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2065188857r.jpg) ![1403 Lemon Avenue - Photo 18](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2255972487r.jpg) ![1403 Lemon Avenue - Photo 19](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3084360357r.jpg) ![1403 Lemon Avenue - Photo 20](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f11027384r.jpg) ![1403 Lemon Avenue - Photo 21](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3302196231r.jpg) ![1403 Lemon Avenue - Photo 22](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2277253999r.jpg) ![1403 Lemon Avenue - Photo 23](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2576057587r.jpg) ![1403 Lemon Avenue - Photo 24](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f523309103r.jpg) ![1403 Lemon Avenue - Photo 25](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2721444661r.jpg) ![1403 Lemon Avenue - Photo 26](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3972459945r.jpg) ![1403 Lemon Avenue - Photo 27](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3888663354r.jpg) ![1403 Lemon Avenue - Photo 28](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2967245684r.jpg) ![1403 Lemon Avenue - Photo 29](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f293576748r.jpg) ![1403 Lemon Avenue - Photo 30](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2390408254r.jpg) ![1403 Lemon Avenue - Photo 31](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3419238804r.jpg) ![1403 Lemon Avenue - Photo 32](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1637308148r.jpg) ![1403 Lemon Avenue - Photo 33](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1532239092r.jpg) ![1403 Lemon Avenue - Photo 34](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2197760333r.jpg) ![1403 Lemon Avenue - Photo 35](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3461902940r.jpg) ![1403 Lemon Avenue - Photo 36](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f547136305r.jpg) ![1403 Lemon Avenue - Photo 37](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2795283145r.jpg) ![1403 Lemon Avenue - Photo 38](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f484705121r.jpg) ![1403 Lemon Avenue - Photo 39](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f4172254650r.jpg) ![1403 Lemon Avenue - Photo 40](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3068121030r.jpg) ![1403 Lemon Avenue - Photo 41](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1428715057r.jpg) ![1403 Lemon Avenue - Photo 42](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2290264670r.jpg) ![1403 Lemon Avenue - Photo 43](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1609486074r.jpg) ![1403 Lemon Avenue - Photo 44](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2429007072r.jpg) ![1403 Lemon Avenue - Photo 45](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3724852065r.jpg) ![1403 Lemon Avenue - Photo 46](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2229258556r.jpg) ![1403 Lemon Avenue - Photo 47](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f238009667r.jpg) ![1403 Lemon Avenue - Photo 48](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2669288581r.jpg) ![1403 Lemon Avenue - Photo 49](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2350145352r.jpg) ![1403 Lemon Avenue - Photo 50](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1750788819r.jpg) ![1403 Lemon Avenue - Photo 51](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2647864143r.jpg) ![1403 Lemon Avenue - Photo 52](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f423845209r.jpg) ![1403 Lemon Avenue - Photo 53](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3209540773r.jpg) ![1403 Lemon Avenue - Photo 54](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1016897833r.jpg) ![1403 Lemon Avenue - Photo 55](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3715680822r.jpg) ![1403 Lemon Avenue - Photo 56](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1531382212r.jpg) ![1403 Lemon Avenue - Photo 57](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3807718435r.jpg) ![1403 Lemon Avenue - Photo 58](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3339275380r.jpg) ![1403 Lemon Avenue - Photo 59](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f3180154326r.jpg) ![1403 Lemon Avenue - Photo 60](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f4081237287r.jpg) ![1403 Lemon Avenue - Photo 61](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f2734550775r.jpg) ![1403 Lemon Avenue - Photo 62](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1691555867r.jpg) ![1403 Lemon Avenue - Photo 63](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f4020820920r.jpg) ![1403 Lemon Avenue - Photo 64](http://lh.rdcpix.com/bfac1d045247df40adf0dc2a43fcfb44l-f1880503232r.jpg) --- **MLS#:** SR26107777 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1403-lemon-avenue-long-beach-ca-90813-a9082326659a451cb561777ec265b53e) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1403-lemon-avenue-long-beach-ca-90813-a9082326659a451cb561777ec265b53e#listing", "url": "https://staging.propertysimple.ai/listing/1403-lemon-avenue-long-beach-ca-90813-a9082326659a451cb561777ec265b53e", "name": "1403 Lemon Avenue, Long Beach, CA 90813", "description": "SELLER FINANCING AVAILABLE AT 5% INTEREST-AN EXCEPTIONAL OPPORTUNITY FOR QUALIFIED BUYERS, SUBJECT TO SELLER APPROVAL AND MUTUALLY AGREED-UPON TERMS. Welcome to 1403 Lemon Avenue, an outstanding multifamily investment located in the vibrant, rapidly appreciating area of Long Beach, California. This well-positioned five-unit income property offers investors a rare blend of strong in-place cash flow, potential for long-term value appreciation, all in one of Southern California's most dynamic coastal cities. Positioned on a 6,519 square foot lot, the property consists of five distinct units with a combined living area of approximately 2,700 square feet. The unit mix includes: - One detached 4-bedroom, 2-bath front house, offering the feel and privacy of a single-family residence. - One 4-bedroom, 1-bath unit, perfect for larger households or shared living scenarios. - Three 2-bedroom, 1-bath units, ideal for small families, professionals, or long-term tenants. This unit diversity not only maximizes rental appeal across a broad demographic but also minimizes vacancy risk, ensuring a reliable income stream for the savvy investor. Strong Income with Upside Potential Currently two vacancies, 1403 Lemon Ave delivers an impressive 8.76% cap rate-a rare find in today's Southern California market. With below-market rents in place and room for value-add improvements, there's still significant upside potential for rental increases over time, particularly as the Long Beach rental market continues to strengthen. For investors seeking a stabilized asset with future growth potential, this property offers both: strong existing cash flow and long-term opportunity for rent optimization and appreciation. Parking & Storage: Valuable Add-Ons The property includes four garages and two uncovered driveway parking spaces, a premium amenity in this densely populated urban neighborhood. These spaces could potentially generate additional income if rented separately or bundled with leases-another layer of return on your investment. Garages may also appeal to owner-users, short-term rental hosts, or tenants needing extra storage. 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