125 Ximeno Avenue 1, Long Beach CA, 90803

Active

125 Ximeno Avenue 1

Long Beach CA, 90803

$6,200,000

$638.65 per sqft

Active

9,708 sqft

Multi-family

Built in 1958

Listed by Brett Lyon with Lyon Stahl Investment Real Estate, Inc. 3107801899

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.

SB25005115

MLSⓇ ID

January 8, 2025

Listed

January 17, 2025

Updated

Map

125 Ximeno Avenue 1
Long Beach CA, 90803

Interior Features

Total Stories: 3
Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.22 Acres
Lot Features: 16-20 Units/Acre
Sewer: Public Sewer

Other Property Details

Area Name: 1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
Days on Market: 5
Garage: Yes
Garage Spaces: 4
Parking: Carport, Garage
Parking Total: 14
View: No
County: Los Angeles
Water Source: Public
Pool: Yes
Pool Features: Private
Zoning: LBR4R

Listing Contact: 310-425-9838

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/17/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 1/17/2025 at 11:27 AM UTC