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40 Ximeno

Long Beach, CA 90803
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Bed 3

Bed

Bath 3

Bath

SqFt3,148

Sqft(Lot)

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 Calif ornia 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,895,000

AD Id : 85157021

MLS Id : PW26133260

Beds : 3

Lot Size : 3,148 Sqft

Year Built : 1949

Garage : 1

County : Los Angeles

Subdivision: Fallbrook

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Feature Features

  • Building Information

    Year Built: 1949
    Building Area Total: 3890
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 3148 Lot Size Acres: 0.0723 Lot Size Source: Assessor Lot Size Square Feet: 3,148 Lot Description: RectangularLot

    Property Information

    Subdivision: Belmont Shore (BSD) Source Property Type: ResidentialIncome Property SubType: Mixed Use Property Age: 77

  • Listing Price Information

    Listing Price: $1895000
    Original Price: $18950000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 7256035009 Tax Lot: 9 Tax Block: 10

  • Parking Information

    Parking Total: 1

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: 5 parcels from Ocean Blvd WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7051 Island Village Drive, Long Beach, CA, 90803 $925,000 3 2 1,227 1,227 SqFt
6269 Marina View Drive .., Long Beach, CA, 90803 $379,000 3 1 1,580 1,580 SqFt
405 Paseo Dorado, Long Beach, CA, 90803 $1,459,000 3 3 2,649 2,649 SqFt
6068 Avenida De Castillo, Long Beach, CA, 90803 $1,399,999 3 3 2,649 2,649 SqFt
6247 E Golden Sands #184, Long Beach, CA, 90803 $235,000 2 -- 900 900 SqFt
6224 Beachcomber Drive, Long Beach, CA, 90803 $199,000 3 2 1,278 1,278 SqFt
6231 E Marina View Driv.., Long Beach, CA, 90803 $429,000 2 1 1,150 1,150 SqFt
6264 Napoli Court, Long Beach, CA, 90803 $1,725,000 4 4 3,055 3,055 SqFt
6048 Lido, Long Beach, CA, 90803 $7,500,000 4 2 4,246 4,246 SqFt
5950 Waterfront Place, Long Beach, CA, 90803 $3,295,000 4 4 3,015 3,015 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 20:50

MLS: PW26133260 LISTED BY: Steven Bogoyevac, Steven M. Bogoyevac, Broker 562-436-5800 SOURCE: CRMLS

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