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ActiveSingleFamilyResidence

5304 Lime Ave

Long Beach, CA, 90805

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$650,000

MLS: PW26160345

Beds

3

Baths

1

Sq Ft

1,144

Lot

0.08 ac

Year Built

1915

MLS #

PW26160345

Days on Market

16

Listed

Sep 29, 2026

Description

Looking for a drop-dead gorgeous opportunity with serious potential? Welcome to this classic bungalow nestled in North Long Beach. Offered for the first time in almost 55 years, this 3-bedroom, 1-bath home is ready for someone with vision to bring it back to life and unlock its possibilities. Step inside and discover the charm of a bygone era, with a living room that flows into the dining room and features built-in bookshelves and a built-in buffet/china cabinet. The primary bedroom is conveniently located downstairs, offering the ease of single-level living, while two additional bedrooms upstairs provide privacy and separation. The possibilities continue outside. A long driveway provides convenient off-street parking and leads to the one-car garage. Tucked behind the one-car garage is a generously sized shed that offers valuable bonus space and could be transformed into a studio, hobby or craft room, workout area, game room, man cave, she shed, or additional storage For investors, contractors, or buyers with construction experience, this is the kind of property where vision meets opportunity. This is a true original gem with the potential to reimagine, renovate, and create something special while preserving the character of a classic bungalow home. Atlantic Plaza Park and Lindbergh Middle School are just steps away, while the convenient North Long Beach location puts you less than 20 miles from Downtown Los Angeles and within easy reach of both Los Angeles and Orange County. Bring your contractor, bring your imagination, and bring your plans. This is a rare opportunity to transform a long-held home into something truly special. Priced to sell and ready for its next chapter, this one deserves a closer look!

Location

Long Beach, Los Angeles County, CA 90805

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Listed by: Babette Carlson · Century 21 Discovery

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$5,271

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000

%

Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,050
Property tax (1.25%)
$677
Homeowners insurance
$300
Mortgage insurance
$244
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 8, 2026

30-year fixed
7.40%
15-year fixed
6.73%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $22,750 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 90805 (Long Beach)within ±10% of this home's price and size.

Local Market Stats

See Long Beach, CA 90805 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.