40 Ximeno, Long Beach, CA 90803
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
40 Ximeno,Long Beach, CA 90803
$1,895,000
- - Beds
- - Baths
- 3,890 sq. ft.
- Multi-family
- Active
Listed by: steven bogoyevac, david o'keefe
Office: steven m. bogoyevac, broker562-436-5800
MLS#:PW26133260
Source:CRMLS
Price summary
- Price:$1,895,000
- Price per sq. ft.:$487.15
About this home
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 a high demand submarket.
40 Ximeno Avenue offers a diverse mix of one studio with a large walk-in closet, four one-bedroom/one-bath units, and one two-bedroom/one-bath unit with a den. Of the six units, five feature new vinyl plank flooring and four boast new showers. The property also features a newer roof, laundry facilities, one covered parking space, and a storage space.
The building’s outstanding location offers residents enviable proximity to quintessential California living amenities: the beach, Belmont Plaza Pool, Belmont Pier, and the vibrant Second Street corridor’s dining, retail and entertainment. This area has a strong and steady tenant base with an average household income over $140,000. Rental demand is further supported by proximity to Cal State Long Beach, employers, and freeways....
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Home facts
- Year built:1949
- Subdivision & Development:Belmont Shore (BSD)
- Listing ID #:PW26133260
- Added:49 day(s) ago
- Updated:August 07, 2026 at 10:51 AM
Rooms and interior
- Living area:3,890 sq. ft.
Structure and exterior
- Year built:1949
- Building area:3,890 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,895,000
- Price per sq. ft.:$487.15
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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