125 Ximeno Avenue #1 | Los Angeles | State of California | Prices, Plans, Availability

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125 Ximeno Avenue #1

USD 6,200,000

Property ID: SB25005115

125 Ximeno Avenue #1 ,90803

9462 SqFt

Built in 1958

USD 655/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

9708

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1958

Detailed Introduction Of This Home

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 4.74% CAP rate and a cost of $344K 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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