1000 Ximeno Ave, Long Beach, CA 90804

1000 Ximeno Ave, Long Beach, CA 90804

Long Beach, CA

Property Description

Remodeled 4Plex with large private yards, located in one of the nicest pockets of Long Beach! Perfect opportunity for any buyer/owner user looking to live in one unit and have their neighbors pay their mortgage. 1000 Ximeno Ave is comprised of (4) 1Bed/1Bath units. Beneficial to the new owner, all remodels have been completed, including new flooring, appliances, countertops, bathrooms and patios. The two downstairs units feature large private 325sf yards, perfect for entertaining. All units have washer and dryer in unit. There are also 3 tandem parking spots (6 spaces total). Bordering Belmont Shore and located in one of Long Beach’s Top Rental Markets, this truly is a one-of-a kind building. It is just outside the $6Billion of development flooding into Downtown LB, including the Long Beach Civic Center, Long Beach Aquarium, OceanAire Project, CSULB Downtown Village, Broadway Block, The Pacific and Queen Mary Island.

Property Features

  • Sale Price: $1,700,000
  • Area Size: 2,464 SF
  • Land Area: 0.08 AC
  • Year Built: 1953
  • Units: 4
  • Current GRM: 15.25
  • Current Cap Rate: 4.61%

Lyon Stahl Investment Real Estate

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