Long Beach, CA 90803,125 Ximeno AVE
Long Beach, CA 90803,125 Ximeno AVE
Long Beach, CA 90803,125 Ximeno AVE
29
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
Bought with Brett Lyon
$5,300,000
$5,750,000
7.8%
Est.Price: ?

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9,462 Sqft Lot

125 Ximeno AVE Long Beach, CA 90803

Est. payment /mo
SOLD DATE : 07/03/2025

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Key Details

Sold Price $5,300,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSB25005115

Year Built 1958

Lot Size 9,462 Sqft

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

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Interior

Laundry Laundry Area

Exterior

Parking Features Carport , Garage

Garage Spaces 14.0

Pool Pool - Yes

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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agent

Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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