40 Ximeno, Long Beach, CA — listing photo 1
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FOR SALE

40 Ximeno

Long Beach, CA 90803
3,148 Lot Sq Ft
Built 1949
$1,725,000
Price ReducedWas $18,950,000 — $1,725,000 (-$17,225,000)

Property Overview

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 Details

Property type
Residential Income - Mixed Use
Year built
1949
Lot size
3,148 sq ft
Parking
1 spaces
Garage
1 spaces
Stories
2
Days on market
103
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Rectangular Lot

Community, Schools & Utilities

Community

Subdivision
Belmont Shore (BSD)

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

40 Ximeno

Long Beach, CA 90803

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Frequently Asked Questions About 40 Ximeno

Property type: Residential Income

The current asking price is $1,725,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 40 Ximeno. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1949. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 103 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

RB

Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Steven Bogoyevac
MLS ID: PBOYOSTE

Available property

$1,725,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.