1203 Ximeno, Long Beach, CA 90804

$2,695,000

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List Price
$2,695,000
Price Change
▼ $50,000 1783995138
Status
ACTIVE
MLS#
PW26052261
Year Built
1963
Lot Size
5,853
Acres
0.13
Lot Location
6-10 Units/Acre
Days on Market
139
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels
Neighborhood
Eastside (Es)

Property Description

Turn Key 7-unit apartment building located in a desirable East Side Long Beach neighborhood. The property features an excellent unit mix of all 2 bed / 1 bath units, with all seven units extensively renovated. All units include in-unit laundry in addition to an onsite laundry room. Recent capital improvements include a new roof (2022), new windows, new electric sub panels, updated landscaping, fresh exterior paint, and new air conditioning units installed in every unit. The property offers ample parking with 8 driveway spaces and 4 garages. There is potential to convert the existing garages into an ADU (buyer to verify). Ideally located near the Traffic Circle, California State University of Long Beach, Wilson High School, Recreation Park Golf Course, and the shops and restaurants of 2nd Street, providing convenient access to some of Long Beach’s most popular amenities.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
4
Sewer
Private Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$216,480
Operating Expense
64117

Listing courtesy of Listing Agent: Cody Charnell (cody@sageregroup.com) from Listing Office: Sage Real Estate Group, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.