Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB24095945
MLS Source
California Regional MLS
Days on Site
194
Interior Features
Laundry
None
Cooling
Central Forced Air
Parking, School, and Other Information
Garage/Parking
Carport, Garage, Garage: 4 Car(s)
Contact Information
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: (310) 706-4066
Co-Listing Agent
Woody Stahl
License #: 01399621
Phone: (310) 425-9838
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
125 Ximeno Ave is a Residential Income in Long Beach, CA 90803. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,200,000 and was built in 1958. This address can also be written as 125 Ximeno Ave, Long Beach, CA 90803.
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This listing information is up-to-date as of November 07, 2024. For the most current information, please contact Brett Lyon, (310) 706-4066
