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40 Ximeno

Long Beach, CA 90803
Active
Multifamily
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Property listed by Steven M. Bogoyevac, Broker, Steven Bogoyevac [email protected]
$1,895,000
Exciting opportunity to acquire the prime Belmont Shore apartment building located at 40 Ximeno Avenue in Long Beach! This asset is just five parcels from Ocean Avenue and the sand in a sought-after affluent coastal market. Current rents are 50 percent below market, making this an excellent value-add opportunity in… Read MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
MixedUse
Lot Size
0.07 Acres
Year Built
1949
MLS Number
PW26133260
Property Location Map
Additional Details
Building
Built in 1949, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Suburban
Expenses
Operating: $46,749
Garage
1 spaces
Income
Gross Income: $122,220, Gross ScheduledIncome: $122,220, Net Operating Income: $71,804
Laundry
CommonArea
Lot
0.0723 acres, RectangularLot
Parking
1 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7256035009, Tax Block: 10, Lot: 9
Utilities
Water Source: Public, 6 separate electric meters, 6 separate gas meters
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Monthly Payment
$0
Bryant and Kenneth Lugo
Realtors
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Schools In The Area

Check out nearby schools with ratings and contact info.
Lowell Bayside Academy 562-433-6757 Public KG-5
Rogers Middle School 562-434-7411 Public 6-8
Wilson High School 562-433-0481 Public 9-12
Lowell Bayside Academy 562-433-6757 Public KG-5
Lowell Bayside Academy 562-433-6757 Public KG-5
Rogers Middle School 562-434-7411 Public 6-8
Wilson High School 562-433-0481 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.