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$ 5,750,000
Est. payment /mo
Active
125 Ximeno Avenue Long Beach, CA 90803
9,708 SqFt
UPDATED:
02/26/2025 02:25 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,708 sqft
Price per Sqft $592
MLS Listing ID CRSB25005115
HOA Y/N No
Year Built 1958
Lot Size 9,462 Sqft
Acres 0.22
Property Sub-Type Other
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
Zoning LBR4
Interior
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 7256027011
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.