Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    125 Ximeno Avenue, Long Beach, CA 90803
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    125 Ximeno Avenue
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    • MLS#: SB25005115 ( Commercial/Residential )
    • Street Address: 125 Ximeno Avenue
    • Viewed: 3
    • Price: $5,950,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1958
    • Bldg sqft: 0
    • Days On Market: 15
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90803
    • Subdivision: Belmont Shore (bsd)
    • Provided by: Lyon Stahl Investment Real Estate, Inc.
    • Contact: Brett Brett
    • California Regional MLS IDX
    • DMCA Notice
    • 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 4.99% CAP rate and a cost of $330K 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.
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    Features
    Building Area Total
    1. 9708.00
    Carport Spaces
    1. 10.00
    Commoninterest
    1. None
    Common Walls
    1. 2+ Common Walls
    Country
    1. US
    Days On Market
    1. 14
    Garage Spaces
    1. 4.00
    Gardner Expense
    1. 1620.00
    Insurance Expense
    1. 12135.00
    Laundry Features
    1. Common Area
    Lot Features
    1. 16-20 Units/Acre
    Netoperatingincome
    1. 296766.00
    Newtaxesexpense
    1. 77084.00
    Number Of Separate Electric Meters
    1. 18
    Number Of Separate Gas Meters
    1. 18
    Otherexpense
    1. 23221.00
    Otherexpensedescription
    1. Utilitie
    Parcel Number
    1. 7256027011
    Parking Features
    1. Carport
    2. Garage
    Pest Control Expense
    1. 1200.00
    Pool Expense
    1. 4620.00
    Pool Features
    1. Private
    Professionalmanagementexpense
    1. 31265.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 429687770:CRM
    Subdivision Name Other
    1. Belmont Shore (BSD)
    Totalexpenses
    1. 170410.00
    Trash Expense
    1. 0.00
    Vacancyallowance
    1. 14449
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1958
    Year Built Source
    1. Assessor
    Zoning
    1. LBR4R
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836