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Image 1 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 2 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 3 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 4 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 5 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 6 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 7 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 8 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Image 9 - 125 Ximeno Ave, Long Beach, California, 90803 - House for sale
Home For Sale In Long Beach, California
125 Ximeno Ave, Long Beach, California, 90803

Home For Sale In Long Beach, California

house for sale
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Listed: 05/15/24

125 Ximeno Ave, Long Beach, California, 90803

16 Bed:
14 Bath:
9,708 Sq Ft Living Area:
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Price
$ 7,09M

About This House

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, totaling9, 708square feet on an expansive9, 462square foot lot. Boasting a shared heated pool and courtyard area, this property combines comfort and convenience for its residents. With a solid 4.07% CAP rate and a price tag of $393K 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.

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Belmont Shore Housing & Living

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.