Search
1147 Ximeno Ave, Long Beach, CA 90804
Open Sun 1pm-3pm
Image 2 for 1147 Ximeno Ave, Long Beach, CA 90804
Image 3 for 1147 Ximeno Ave, Long Beach, CA 90804
View Photos

1147 Ximeno Ave Long Beach, CA 90804

$1,475,000
  • 5 Beds
  • 4 Baths
  • 2,289 Sq.Ft.
For Sale
$1,475,000 Get Pre-Qualified
Map preview of 1147 Ximeno Ave, Long Beach, CA 90804

Property Overview: 1147 Ximeno Ave Long Beach, CA has 5 bedrooms, 4 bathrooms, 2,289 living square feet and 5,725 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: Exquisitely restored, this 1923 triplex is a light filled bungalow with vintage charm. The front house, deliberately left vacant for immediate owner occupancy, features 3 bedrooms and 2 baths with an open, light-filled floor plan. Meticulously refurbished original hardwood floors complement the elegant kitchen, which is equipped with stainless steel appliances, quartz countertops, and a breakfast bar. The home includes a dedicated laundry room and luxurious remodeled bathrooms with custom vanities. The master bedroom showcases original features throughout, blending period charm with contemporary finishes. The private backyard oasis is perfect for entertaining or unwinding. The property also includes a private rear alleyway with entrances to two updated 1-bedroom, 1-bath apartments at the rear, both currently rented, generating nearly $4,000 a month. The front house remains private as the tenants have separate entrances from the rear of the property and do not access the driveway, making it feel like two separate properties. The property has 4 electric meters and 3 gas meters, and one garage even has EV parking capabilities. An owner has the option to easily add up to two ADUs according to the City of Long Beach. This property is ideal for the discerning owner/investor, located near the beach, Wilson High School, Zaferia District, 2nd Street, golf courses, freeway access, downtown nightlife, and all that vibrant Long Beach has to offer.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Co-listed by Caleb Baldwin | BRE #02056751 | Sage Real Estate
Last checked: 3 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 65

Home details

Lot Sq. Ft
5,725
HOA Dues
$0/mo
Year built
1923
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
PW24141221
City
Long Beach
County
Los Angeles
Time on Site
70 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.46%
  • Gross Rent Multiplier: 14.43
  • Gross Scheduled Income: $107,400
  • Net Operating Income: $84,565
  • Gross Operating Income: $107,400
  • # of Rented Garages: 3
Annual Expense Breakdown
  • Total Operating Expense: $22,835
  • Electric: $360
  • New Taxes: $19,375
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,800
  • Water/Sewer: $100

Open Houses for 1147 Ximeno Ave

Sunday, Sep 22nd: 1:00pm-3:00pm
Schedule Tour

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1147 Ximeno Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, See Remarks, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Disposal, Gas Range, Refrigerator
Interior Features
  • Levels: Two
  • Window Features: Casement Windows, Double Pane Windows, Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway Level, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 7241009028
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Circle (CA)
  • Directions: North of 10th South of Anaheim
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 1147 Ximeno Ave

Last sold for $1,035,000 on February 15th, 2019

  • July, 2024

  • Jul 10, 2024

    Date

    Active

    CRMLS: PW24141221

    $1,550,000

    Price

  • December, 2023

  • Dec 9, 2023

    Date

    Expired

    CRMLS: 230015928SD

    $1,550,000

    Price

  • Aug 16, 2023

    Date

    Active

    CRMLS: 230015928SD

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting an exceptional investment opportunity, this meticulously renovated triplex, situated at 1147 Ximeno Avenue in Long Beach's coveted Eastside neighborhood, showcases a front 3BR 2BA house and two 1BR/1BA units, offering immediate income potential. Crafted in 1923 and tastefully refurbished by the Avi Ross Group, this property seamlessly merges classic bungalow charm with contemporary amenities. The front house reveals an inviting, open-concept design, adorned with restored original hardwood floors, echoing California's rich heritage. The modern kitchen, equipped with stainless steel appliances and quartz countertops, seamlessly integrates a breakfast bar into the dining and living areas. Luxurious, fully renovated baths embody the timeless elegance of the home. Boasting $100,000 in gross rental income annually, this turnkey property delivers a robust $8,100 monthly cash flow, presenting a 4.6% cap rate. With tenants already in place, this investment opportunity ensures immediate returns, offering a hassle-free transition for savvy investors. Additionally, the property offers potential for further income growth by adding an Accessory Dwelling Unit (ADU) in the rear building. The existing plumbing facilitates an easy conversion, further enhancing the investment potential. Conveniently located in the heart of Long Beach, this residence is just around the corner from Recreation Park, granting easy access to Cal State Long Beach, 2nd Street, and the nearby Traffic Circle retail area. In summary, this property stands as a turnkey investment, primed with tenants in place, showcasing a strong $8,100 monthly cash flow and a 4.6% cap rate. Its close to $100,000 gross annual income, recent renovations, and the possibility of additional income through an ADU conversion make it an enticing opportunity for discerning investors seeking a solid return on their investment. Furthermore, recent upgrades totaling over $200,000, including new attic insulation for energy efficiency, solidify this property's low-maintenance profile, making it an appealing choice for investors seeking reduced operational costs and minimal upkeep.

  • July, 2023

  • Jul 17, 2023

    Date

    Canceled

    CRMLS: PW23103928

    $1,725,000

    Price

  • Jun 12, 2023

    Date

    Active

    CRMLS: PW23103928

    $1,725,000

    Price

  • Listing provided courtesy of CRMLS

    Pleased to present to market 1147 Ximeno Avenue, a turnkey three-unit apartment property in Long Beach, California. This asset boasts top-of-the-market rents, beautifully upgraded unit interiors, and a highly desirable Eastside Long Beach location around the corner from Recreation Park, a short five-minute drive to both Cal State Long Beach and 2nd Street, and proximate to Traffic Circle area retail. 1147 Ximeno Avenue consists of a three-bedroom/two-bath house with in-unit laundry and a private backyard/patio and a rear duplex with two one-bedroom/one-bath units above three single-car garages. The units are separately metered for gas and electricity, and a shared laundry room is on-site.

  • November, 2020

  • Nov 12, 2020

    Date

    Canceled

    CRMLS: RS20168942

    $1,349,000

    Price

  • Aug 20, 2020

    Date

    Active

    CRMLS: RS20168942

    $1,349,000

    Price

  • Listing provided courtesy of CRMLS

    Absolutely gorgeous 1923 bungalow Triplex beautifully restored by the Avi Ross Group. Contemporary farmhouse with a move in ready front house that features 3 bedrooms, 2 baths and a light and airy open concept floor plan. Absolutely stunning with restored original hardwood flooring, elegant kitchen with stainless appliances, quartz counters and a breakfast bar that opens to the dining and living area and a laundry room. Both luxurious baths are fully renovated with custom vanities and stylish integration of the remaining built-ins with a modern flare. Impeccable attention to detail such as the repurposed vintage mirrored closet doors in the master bedroom integrating the charm of the period with modern finishes. The front house also has a private backyard that is the perfect venue for entertaining or as a quiet retreat to relax in after a long day, all while enjoying the benefits of the income generated from the two 1 bedroom / 1 bath apartments at the rear of the property. One of the apartments has been updated. Currently both 1 bedroom apartments are rented as well as 2 out of the 3 garages. One garage remains empty for the new owner or future tenant of the front house. This property is ideal for the owner that wants to have a spacious home that is sure to impress in a wonderful location just a short distance to the beach, 2nd Street, golf courses, freeway access, downtown nightlife and all that Long Beach has to offer.

  • November, 2020

  • Nov 12, 2020

    Date

    Canceled

    CRMLS: RS20168990

    $1,349,000

    Price

  • Aug 20, 2020

    Date

    Active

    CRMLS: RS20168990

    $1,349,000

    Price

  • Listing provided courtesy of CRMLS

    Absolutely gorgeous 1923 bungalow Triplex beautifully restored by the Avi Ross Group. Contemporary farmhouse with a front house that features 3 bedrooms, 2 baths and a light and airy open concept floor plan. Absolutely stunning with restored original hardwood flooring, elegant kitchen with stainless appliances, quartz counters and a breakfast bar that opens to the dining and living area and a laundry room. Both luxurious baths are fully renovated with custom vanities and stylish integration of the remaining built-ins with a modern flare. Impeccable attention to detail such as the repurposed vintage mirrored closet doors in the master bedroom integrating the charm of the period with modern finishes. The front house also has a private backyard that is the perfect venue for entertaining or as a quiet retreat to relax in after a long day, all while enjoying the benefits of the income generated from the two 1 bedroom / 1 bath apartments at the rear of the property. One of the apartments has been updated. All units are rented as well as 2 out of the 3 garages. This property is ideal for the owner that wants to have a spacious home that is sure to impress in a wonderful location just a short distance to the beach, 2nd Street, golf courses, freeway access, downtown nightlife and all that Long Beach has to offer.

  • February, 2019

  • Feb 15, 2019

    Date

    Sold

    CRMLS: PW18270589

    $1,035,000

    Price

  • Jan 14, 2019

    Date

    Pending

    CRMLS: PW18270589

    $1,049,000

    Price

  • Nov 9, 2018

    Date

    Active

    CRMLS: PW18270589

    $1,049,000

    Price

  • Listing provided courtesy of CRMLS

    Super Triplex in great location. 3 bedrooms, 2 bath 1920's Bungalow home with over 1400 square feet. Two, one bedroom units over 3 garages separated by a large yard in the back. Front house has an updated Kitchen and bathrooms. Long Driveway to accommodate 2 cars. Both units over the garages have hardwood floors, retro kitchens, fresh paint, new blinds, ceiling fans and wall heaters. Central location. Close to Wilson High School, 5 minutes from Belmont Shore and easy access to major transportation. Great rental area.

  • February, 2019

  • Feb 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,035,000

    Price

  • January, 2018

  • Jan 16, 2018

    Date

    Sold

    CRMLS: PW18011696

    $895,000

    Price

  • Jan 16, 2018

    Date

    Active

    CRMLS: PW18011696

    $875,000

    Price

  • Listing provided courtesy of CRMLS

    This property was sold prior to being advertised in the MLS through agent networking and social media. This is being entered into the MLS for historical records and to assist with future sales as a comparable. 1147 Ximeno Ave is a multi-family home in Long Beach, CA 90804. This 2,289 square foot multi-family home sits on a 5,723 square foot lot and features 5 bedrooms and 4 bathrooms. This property was built in 1923 and last sold for $895,000.

  • November, 2017

  • Nov 14, 2017

    Date

    Sold (Public Records)

    Public Records

    $895,000

    Price

Show More

Tax History for 1147 Ximeno Ave

Assessed Value (2020): $1,055,900
Year Land Value Improved Value Assessed Value
2020 $739,500 $316,400 $1,055,900

Home Value Compared to the Market

This property vs the competition

1147 Ximeno Ave is listed 89.1% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $644.39 per/sqft which puts the price per square foot 0.25% lower than the median price per square foot for the city of Long Beach.

About 1147 Ximeno Ave

Detailed summary of property

1147 Ximeno Ave is a triplex located in Long Beach, CA 90804 and is currently for sale. This triplex offers 5 bedrooms, 4 bathrooms, roughly 2,289 living square feet, and sits on an approximately 5,725 square foot lot. 1147 Ximeno Ave was first listed on ArdentRealEstateGroup.com on July 11, 2024. The homeowner is currently asking $1,475,000 and was originally asking $1,550,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 89.1% higher than the median priced home. Local competing homes currently for sale include 3009 E 3rd St, 187 Roycroft Ave and 2624 E 6th St. While the average home in Long Beach, CA is selling in 62 days, 1147 Ximeno Ave has a days on market of 65 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1147 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 1147 Ximeno Ave

Public county record property details
Beds
4
Baths
3
Year built
1923
Sq. Ft.
2,289
Lot Size
5,723
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
80
APN
7241-009-028

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
$500,000
Median List Price/Sq.Ft.
$622
Median Sold Price
$450,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
44
Median Sale to List Price %
97.83%
Avg Days on Market
30
Loan Type
Conventional (62.5%), FHA (12.5%), VA (12.5%), Cash (12.5%), Other (0%)

Tour This Home

Image Description
Contact Jon
Long Beach Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1147 Ximeno Ave

Nearby Homes for Sale

1147 Ximeno Ave, Long Beach, CA 90804
$1,475,000
5 Beds
4 Baths
2289 Sq.Ft.
1147 Ximeno Ave
Long Beach, CA 90804
4501 E 4th St, Long Beach, CA 90814
$1,699,000
6 Beds
3 Baths
2654 Sq.Ft.
4501 E 4th St
Long Beach, CA 90814
4134 E Jacinto Way, Long Beach, CA 90815
$1,250,000
3 Beds
3 Baths
1928 Sq.Ft.
4134 E Jacinto Way
Long Beach, CA 90815
1761 Redondo Ave, Long Beach, CA 90804
$1,590,000
32 Beds
16 Baths
3360 Sq.Ft.
1761 Redondo Ave
Long Beach, CA 90804
3041 E 5th St, Long Beach, CA 90814
$1,650,000
5 Beds
4 Baths
2844 Sq.Ft.
3041 E 5th St
Long Beach, CA 90814
251 Loma Ave, Long Beach, CA 90803
$1,320,000
3 Beds
2 Baths
1689 Sq.Ft.
251 Loma Ave
Long Beach, CA 90803
387 Freeman Ave, Long Beach, CA 90814
$1,475,000
6 Beds
6 Baths
4066 Sq.Ft.
387 Freeman Ave
Long Beach, CA 90814
Open Sat 12pm-4pm
2277 Granada Ave, Long Beach, CA 90815
$1,299,990
4 Beds
2 Baths
1656 Sq.Ft.
2277 Granada Ave
Long Beach, CA 90815

Recently Sold Homes Near 1147 Ximeno Ave

1215 Ximeno Ave, Long Beach, CA 90804
$1,000,000 Last Sold Price
32 Beds
20 Baths
4254 Sq.Ft.
1215 Ximeno Ave
Long Beach, CA 90804
1130 Bennett Ave, Long Beach, CA 90804
$2,125,000 Last Sold Price
8 Beds
8 Baths
4482 Sq.Ft.
1130 Bennett Ave
Long Beach, CA 90804
1052 Ximeno Ave, Long Beach, CA 90804
$770,000 Last Sold Price
5 Beds
2 Baths
1543 Sq.Ft.
1052 Ximeno Ave
Long Beach, CA 90804
1050 Ximeno Ave, Long Beach, CA 90804
$1,045,000 Last Sold Price
4 Beds
0 Baths
1725 Sq.Ft.
1050 Ximeno Ave
Long Beach, CA 90804

Related Resources to 1147 Ximeno Ave

New Listings in 90804
Popular Zip Codes
Popular Cities
Other Long Beach Resources

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.

Call