Home | Los Angeles County | Long Beach | 90803 | 40 Ximeno
MLS: CRPW26133260 | Status: | Price: $1,895,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 3,148 | 1949 |
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.
| Field | Value |
|---|---|
| MLS # | CRPW26133260 |
| MLS Source | California Regional MLS |
| Days on Site | 5 |
| Feature | Details |
|---|---|
| Laundry | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 1 Car(s) |
| Listing Agent | Co-Listing Agent |
|---|---|
| Steven Bogoyevac | David O Keefe |
| Steven M. Bogoyevac, Broker | |
| License #: 01332755 | License #: 01928739 |
| Phone: (562) 257-1231 | Phone: – |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Lowell Elementary School | public | K-5 | 0.76 mi | 7 |
| Mann Elementary School | public | K-5 | 0.83 mi | 7 |
| Rogers Middle School | public | 6-8 | 0.85 mi | 8 |
| Fremont Elementary School | public | K-5 | 0.85 mi | 8 |
| Naples Elementary School | public | K-5 | 0.92 mi | 8 |
| Jefferson Leadership Academies School | public | 6-8 | 1.23 mi | 7 |
| Wilson High School | public | 9-12 | 1.27 mi | 6 |
| Burbank Elementary School | public | K-5 | 1.58 mi | 7 |
| Willard Elementary School | public | K-5 | 1.65 mi | 3 |
| Bryant Elementary School | public | K-5 | 1.72 mi | 6 |
| Lee Elementary School | public | K-5 | 2.18 mi | 6 |
| Franklin Classical Middle School | public | 6-8 | 2.21 mi | 4 |
| Kettering Elementary School | public | K-5 | 2.33 mi | 8 |
| Lincoln Elementary School | public | K-5 | 2.49 mi | 7 |
| Gant Elementary School | public | K-5 | 2.57 mi | 9 |
| Stevenson Elementary School | public | K-5 | 2.58 mi | 5 |
| Eunice Sato Academy Of Math & Science | public | 9-12 | 2.60 mi | 10 |
| Richard D. Browning High | public | 9-12 | 2.67 mi | 5 |
| Whittier Elementary School | public | K-5 | 2.69 mi | 5 |
| Bixby Elementary School | public | K-5 | 2.72 mi | 8 |
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This listing information is up-to-date as of June 18, 2026. For the most current information, please contact Steven Bogoyevac, (562) 257-1231.