Pending
125 Ximeno AVE
LONG BEACH CA, 90803
$6,200,000
$638.65 per sqft
Pending
3 Beds
3 Baths
9,708 sqft
Multi-family
Built in 1958
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 4.74% CAP rate and a price tag of $344K 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.
SB24095945MR
MLSⓇ ID
May 13, 2024
Listed
December 12, 2024
Updated
Map
125 Ximeno AVE
LONG BEACH CA, 90803
Interior Features
Total Stories
3
Bedrooms
3
Total Bathrooms
3
Laundry Description
None
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central
Heating
No
Exterior/Building Features
Lot Size
0.22 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Belmont Shore, Belmont Park, Naples
Days on Market
212
Garage
Yes
Garage Spaces
4
Parking
Carport, Garage
Parking Total
14
View
No
County
Los Angeles
Water Source
Public
Pool
Yes
Pool Features
Heated, In Ground
Zoning
LBR4R
Listing History
Date | Event | Price |
|---|---|---|
12/12/2024 | Pending | — |
10/7/2024 | Price change | $6,200,000 -4% |
8/8/2024 | Price change | $6,400,000 -4% |
7/10/2024 | Price change | $6,600,000 -3% |
6/10/2024 | Price change | $6,800,000 -5% |
Listed by Brett Lyon with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-706-4066
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Triana Warren | CA DRE# 01245682 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/12/2024
