125 Ximeno Avenue
125 Ximeno Avenue
$6,800,000
3
18
9,708
9,708
$700
Description
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 4.30% CAP rate and a price...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 4.30% CAP rate and a price tag of $377K 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.
- Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 3107801899
- Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est
Property Details for 125 Ximeno Avenue
Parking Spaces Total
14
Private PoolNo
Cooling TypeCentral
Total Units18.0
Building TypeAttached
Lot Size SourceAssessor
Living Area9708
Assessor Parcel Number7256-027-011
Location
LISTING UPDATED: 06/10/2024 08:12 AM
Property Details for 125 Ximeno Avenue
Status | Active |
---|---|
MLS # | SB24095945 |
Days on Market | 29 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.22 AC / 9,462 SF |
County | Los Angeles County |
Location
Building Information for 125 Ximeno Avenue
Stories3Residences-Year Built1958Building Size-Lot Size0.22 AC / 9,462 SF
Payment Calculator
$43,605 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 125 Ximeno Avenue
Property History for 125 Ximeno Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 125 Ximeno Avenue
Taxable ValueLand$3,827,760Additions$2,191,202Total$6,018,962
Tax Record2023$77,942 ($6,495 / month)
Home Facts
Total Finished SqFt9,708 SqFtAbove Grade Finished SqFt9,708 SqFtLot Size9,460 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningLBR4RCountyLOS ANGELESAPN7256-027-011
Schools near 125 Ximeno Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Lowell Elementary School PublicK to 5 | ||
Rogers Middle School Public6 to 8 | ||
Wilson High School Public9 to 12 | ||
Select Community Day (Secondary) School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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