1000 Ximeno Ave, Long Beach, CA 90804
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1000 Ximeno Ave Long Beach, CA 90804

$1,700,000
  • 4 Beds
  • 4 Baths
  • 2,499 Sq.Ft.
For Sale
$1,700,000 Get Pre-Qualified

Map preview of 1000 Ximeno Ave, Long Beach, CA 90804

Property Overview: 1000 Ximeno Ave Long Beach, CA has 4 bedrooms, 4 bathrooms, 2,499 living square feet and 3,646 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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-akind 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.

Listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 15 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 4
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Home details

Lot Sq. Ft
3,646
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SB24072315
City
Long Beach
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.61%
  • Gross Rent Multiplier: 15.25
  • Gross Scheduled Income: $111,444
  • Net Operating Income: $78,352
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $29,749
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1000 Ximeno Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7241012094
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On Ximeno and 10th
Neighborhood Information
  • Community Features: Urban
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Sale History for 1000 Ximeno Ave

Last sold on May 14th, 2018
  • April, 2024

  • Apr 30, 2024

    Date

    Active

    CRMLS: SB24072315

    $1,700,000

    Price

  • March, 2024

  • Mar 29, 2024

    Date

    Expired

    CRMLS: SB23050609

    $1,675,000

    Price

  • Apr 6, 2023

    Date

    Active

    CRMLS: SB23050609

    $1,800,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2018

  • May 14, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1000 Ximeno Ave

Assessed Value (2020): $82,466
Year Land Value Improved Value Assessed Value
2020 $35,165 $47,301 $82,466

Home Value Compared to the Market

This property vs the competition

1000 Ximeno Ave is listed 112.53% higher than the median list price for the city of Long Beach which has a median list price of $799,900. The median price per/sqft for Long Beach is $644 and this home is listed at $680.27 per/sqft which puts the price per square foot 5.63% higher than the median price per square foot for the city of Long Beach.

About 1000 Ximeno Ave

Detailed summary of property

1000 Ximeno Ave is a fourplex located in Long Beach, CA 90804 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,499 living square feet, and sits on an approximately 3,646 square foot lot. 1000 Ximeno Ave was first listed on ArdentRealEstateGroup.com on April 22, 2024. The homeowner is currently asking $1,700,000. The median priced home in Long Beach is $799,900 with a median price per square foot of $644. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 112.53% higher than the median priced home. Local competing homes currently for sale include 2529 E 10th St, 1717 Temple Ave and 1717 Temple Ave. While the average home in Long Beach, CA is selling in 54 days, 1000 Ximeno Ave has a days on market of 4 days. There are currently 610 homes for sale in the Long Beach real estate market and 349 of them are single family homes while 248 of them are condos and 13 are townhomes. For more information on this home for sale at 1000 Ximeno Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1000 Ximeno Ave

Public county record property details
Beds
4
Baths
4
Year built
1953
Sq. Ft.
2,464
Lot Size
3,646
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
7241-012-094

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
47
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

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Related Resources to 1000 Ximeno Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.