CA > Long Beach > Belmont Shore (Bsd)
Long Beach, CA 90803,125 Ximeno AVE #1
Long Beach, CA 90803,125 Ximeno AVE #1
Long Beach, CA 90803,125 Ximeno AVE #1
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$5,750,000
Est. payment /mo
9,461 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID SB25005115

HOA Y/N No

Year Built 1958

Lot Size 9,461 Sqft

Property Sub-Type Mixed Use

Property Description

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 5.16% CAP rate and a cost of $319K 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.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Zoning LBR4R

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport, Garage

Garage Spaces 4.0

Carport Spaces 10

Garage Description 4.0

Pool Private

Community Features Biking

Total Parking Spaces 14

Private Pool Yes

Building

Lot Description 16-20 Units/Acre

Story 3

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7256027011

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3107801899

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