121 Ximeno Avenue
Long Beach, CA 90803
- – beds
- – baths
- – sqft
- 3,160 sqft lot
- 1954 build
- – on site
Price Reduction! 100% Gut-Renovated 9-unit building in Belmont Shore cash flowing at an amazing Current Cap Rate of 5.25% and 13.6 GRM. All units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, new Mini Split AC systems, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. The unit mix provides unparalleled versatility, including 2 spacious (2bed/1bath) units ideal for families, as well as 5 modern (1bed/1bath) units, and 2 (studio/1bath) units perfect for individuals seeking comfort and style. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency (4 vacant). On top of that, the major systems have been updated including electrical, plumbing, HVAC, etc. The property is located in the heart of Belmont Shore within walking distance of the Pacific Ocean and the Beach. Located just steps away from all the neighborhood attractions, restaurants, bars, and shops on 2nd St such as Sait & Second, Nick's on 2nd, The Win~Dow, Simmzy's, Roe Seafood, Breakfast Republic, Sweet Jill's Bakery, Galata Ice Cream, and many more popping up all around the area.
Last checked:
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Last updated Oct 25, 2024
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MLS# 24443991 —
The Building
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Year Built:1954
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Year Built Source:Seller
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New Construction:No
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Architectural Style:Traditional
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Building Area Total:4272.00
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# of Buildings:1
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Total Number Of Units:9
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:The property is situated between 1st St. and Division St.
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Latitude:33.76054700
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Longitude:-118.14235300
The Property
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Property Type:Residential Income
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Zoning:LBR4R
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Lot Size Area:3160.0000
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Lot Size Acres:0.0725
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Lot Size SqFt:3160.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7256027012
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/22/24
Oct 22, 2024
|
Price Changed | CRMLS_CA | $4,100,000 | -3.5% |
|
9/23/24
Sep 23, 2024
|
Listed / Active | CRMLS_CA | $4,250,000 | 132.9% (41.1% / YR) |
|
8/20/24
Aug 20, 2024
|
Listed / Active | CRMLS_CA |
