125 Ximeno Avenue

Long Beach, CA 90803

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,708 Sqft
  • 9462
    Sqft(Lot)
$6,200,000

Description

Nestled in the heart of belmont shore, 125 ximeno ave stands as a rare opportunity for an investor looking to add a trophy asset to their portfolio. this legacy 18-unit apartment building offers a diverse mix of (2) 2-bed/1-bath units, (12) 1-bed/1-bath units, and (4) studio units, totaling 9,708 square feet on an expansive 9,462 square foot lot.

boasting a shared heated pool and courtyard area, this property combines comfort and convenience for its residents. with a solid 4.74% cap rate and a price tag of $344k per unit, the investment potential is undeniable.

positioned less than 2 blocks from the beach and within easy reach of premier retail and dining destinations along 2nd street, 125 ximeno ave enjoys a prime location in long beach. whether you're seeking steady returns or looking to capitalize on the area's growth, this property represents a compelling opportunity in an a+ location.

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    45887182

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Central Air
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1958
    • Building Area Total: 9,708

    Pool Features

    • Community,Heated,In Ground

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2172
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9462

  • Listing Price Information

    • Original List Price: 6,200,000
    • Listing Contract Date: 2024-05-13

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7256027011

  • Garage and Parking

    • Garage Description: Carport,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
    • Directions: 1 Parcel from the corner of Ximeno Ave and E Division St
    • Zoning: LBR4R
    • Source Property Type: Residential Income
    • Area: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 67
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1,2,3
    • Property Attached: Yes
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BuyOwner last updated this listing 04/09/2025 @ 03:28

  • MLS: SB24095945
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 9,708 sqft, 9,462 sized lot, and 4 parking. are nearby neighborhoods.