125 Ximeno Ave 1

long beach, CA 90803

$5,750,000

  • contract signed

INTERESTED? LET'S CONNECT

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.

Details

9,708 Sq Ft

0.2172 Private Acres Exterior Space

Investment

Built in 1958

MLS/Listing ID SB25005115

18 Units

Amenities & Features

Parking - Carport

Common Area

Community - Biking

Pool - Private

Parking - Garage

Listing Courtesy of LYON STAHL INVESTMENT REAL ESTATE, INC., BRETT LYON - 310-706-4066

CRMLS

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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