125 Ximeno Avenue
Long Beach, CA, 90803
$6,200,000
Beds
0 Baths
SqFt
0.22 Acres
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125 Ximeno Ave offers an exceptional opportunity for investors seeking a standout addition to their portfolio. This 18-unit legacy apartment building features a versatile mix of (2) 2-bedroom/1-bath units, (12) 1-bedroom/1-bath units, and (4) studio units, encompassing a total of 9,708 square feet on a spacious 9,462-square-foot lot.

The property includes desirable amenities such as a shared heated pool and a courtyard, providing residents with both comfort and convenience. With a strong 4.74% CAP rate and a cost of $344K per unit, this investment delivers undeniable potential.

Located less than two blocks from the beach and just steps away from the top-tier retail and dining options along 2nd Street, 125 Ximeno Ave boasts a premier Long Beach location. Whether your goal is consistent returns or leveraging the area’s ongoing growth, this property offers a prime opportunity in an A+ location.

Property Details

Price:
$6,200,000
MLS #:
SB25005115
Status:
Active
Baths:
0
Address:
125 Ximeno Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Subdivision:
Belmont Shore BSD
Neighborhood:
1belmontshoreparknaplesmarinapacbayhrbr
City:
Long Beach
Listed Date:
Jan 8, 2025
State:
CA
ZIP:
90803
Lot Size:
9,462 sqft / 0.22 acres (approx)
Year Built:
1958
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Interior

Exterior

Community Features
Biking
Garage Spaces
4.00
Lot Features
16-20 Units/ Acre
Parking Features
Carport, Garage
Parking Spots
14.00
Pool Features
Private
Sewer
Public Sewer
Stories Total
3
Water Source
Public

Financial

Map

Community

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125 Ximeno Avenue
Long Beach, CA