125 Ximeno Avenue, Long Beach
Long Beach Home For Sale
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 4.34% CAP rate and a price tag of $366K 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 Details
Additional Information
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- City:
- Long Beach
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- County:
- Los Angeles
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- Zip:
- 90803
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- MLS® #:
- SB24095945
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- Bedrooms:
- 3
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- Bathrooms:
- 3
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- Lot Size:
- 0.22
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- Garages:
- 4
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- HOA Dues:
- $
Price Change History for 125 Ximeno Avenue, Long Beach, (MLS® #SB24095945)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $6,600,000 | $200,000 (2.94%) | |
| Price Reduced (from $7,090,000) | $6,800,000 | $290,000 (4.09%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 28th, 2024 at 9:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.