121 Ximeno Avenue Long Beach, CA 90803
9 bed / 9 bath / 4,272 Sq. Ft. / 3,158 Sq. Ft., 0.072 acres lot size / Other
Status: Sold
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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 (3 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.
property details
Type
Other
Status
Closed
County
Los Angeles
Year Built
1954
Beds
9
Sq. Ft.
4,272
Lot Size
3,158 Sq. Ft., 0.1 acres
Listing Id
25478505
Courtesy Of
Armin Soleimani - Global Platinum Properties, Inc. +1 424 394 1030
List Office Phone
+1 424 394 1030
Interior Features
Living Area Units
Sq. Ft.
Bathrooms Total
9
Exterior Features
Parking
None
Stories
2
Utility & Building Info
Parcel Number
7256027012
Building Area Total
4,272 Sq. Ft.
Price Per Sq Ft
$960
Architectural Style
Traditional
2 Story
2 Story
 |
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
04/08/2025
04/08/2025
|
Sold |
$3,524,930
|
CA Regional MLS (CRMLS) |
|
02/19/2025
02/19/2025
|
Pending |
$4,100,000
|
CA Regional MLS (CRMLS) |
|
01/08/2025
01/08/2025
|
Active |
$4,100,000
|
CA Regional MLS (CRMLS) |
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