1052 Ximeno, Long Beach, CA 90804

$990,000

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List Price
$990,000
Status
ACTIVE UNDER CONTRACT
MLS#
PW26150815
Year Built
1923
Lot Size
2,840
Acres
0.07
Lot Location
0-1 Unit/Acre, Near Park, Near Public Transit, Rectangular Lot
Days on Market
15
Property Type
Multifamily
Style
Spanish
Property Sub Type
Duplex
Neighborhood
Circle (Ca)

Property Description

Classic Spanish Duplex in Long Beach's Highly Desirable Circle Area. Rich in timeless character and outstanding investment potential, this classic Spanish duplex offers the perfect blend of architectural charm and long-term value. The property features a spacious 3-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath lower unit, making it an ideal opportunity for both investors and owner-users. Inside, you'll find many original details that define classic Spanish design, including exposed wood beam ceilings, hardwood floors, graceful arched entryways, and an abundance of natural light throughout. Thoughtful capital improvements provide peace of mind, including a new roof (2025), upgraded electrical, updated sewer and drainage system (2019), copper plumbing, and a rebuilt community laundry room (2019). Additional highlights include a detached garage, private outdoor spaces for each unit, and an on-site community laundry that generates supplemental income. The property offers attractive in-place rental income with meaningful upside potential over time. Ideally situated in Long Beach's sought-after Circle Area, the property is just a short walk from Wilson High School, Recreation Park, Blair Field, the Billie Jean King Tennis Center, and Cal State Long Beach. Belmont Heights, popular shopping and dining destinations, and convenient access to major transportation corridors are also just moments away. Whether you're looking to build your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity to own a character-filled property in one of Long Beach's most desirable neighborhoods.

Additional Information

Pool Description
None
Heat
Floor Furnace, Natural Gas, Wall Furnace
Cooling Description
None
View
None
Exterior Construction
Stucco
Roof
Clay
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Interior Features
Balcony, Tile Counters
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$55,200
Operating Expense
19320

Listing courtesy of Listing Agent: Juan Huizar (juan@sageregroup.com) from Listing Office: Sage Real Estate Group, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.