Long Beach, CA 90803,125 Ximeno Avenue
Long Beach, CA 90803,125 Ximeno Avenue
Long Beach, CA 90803,125 Ximeno Avenue
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$5,750,000
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9,708 SqFt
Active

125 Ximeno Avenue Long Beach, CA 90803

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

03/05/2025 02:55 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


Bridge MLS
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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125 Ximeno Avenue