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Listed by: Steven Bogoyevac (562) 257-1231 DRE #01332755, David O'Keefe DRE #01928739 | Steven M. Bogoyevac, Broker (562) 436-5800
$1,725,000
Monthly Est:$8,586
3 Beds
3 Baths
3,890sqft
40 Ximeno, Long Beach, CA 90803
$1,725,000
$8,586/moEst:
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Mixed Use
Built in 1949
$-- HOA
3,148 sqft lot
$443/sq.ft
Description
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.
- Houzeo last checked: 5 minutes ago
- Listing updated: September 30, 2026 at 12:06 am
- Source: California Regional MLS-CA | MLS#: PW26133260
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1949
HOA Fees
-
Finished Area
3,890 sqft
Lot Size
3,148 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26133260
MLS Status
Active
Days on Market
139
Cumulative Days on Market
103
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
Common Area
Other Features
Community Features
Suburban
Lot Features
Rectangular Lot
Subdivision Name
Belmont Shore (bsd)
Price History
| Date | Event | Price |
|---|---|---|
08/26/2026 Source: | Price Decreased | $1,849,500 -2.40% $475/sqft |
08/03/2026 Source: | Listed for Sale | $1,895,000 +9.86% $487/sqft |
08/03/2026 Source: | Price Decreased | $1,725,000 -8.97% $443/sqft |
07/01/2026 Source: | Contingent (Active Under Contract) | $1,895,000 $487/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
