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.
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
See this Listing
Mortgage Calculator
Schools
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
- Address125 Ximeno Avenue Long Beach CA
- Area1 – Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
- SubdivisionBelmont Shore (BSD)
- CityLong Beach
- CountyLos Angeles
- Zip Code90803
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
125 Ximeno Avenue
Long Beach, CA
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