$2,745,000
-$50,0001203 Ximeno, Long Beach CA 90804
Multi-Family (7 Units)
Property type
87 days
On market
$482
Price per sqft
4 cars
Garage
1963
Year built
5,853 sqft
Lot size
Home highlights
Open Houses
Overview
Turn Key 7-unit apartment building located in a desirable East Side Long Beach neighborhood. The property features an excellent unit mix of all 2 bed / 1 bath units, with all seven units extensively renovated. Six of the units include interior laundry in addition to an onsite laundry room for tenants. Recent capital improvements include a new roof (2022), new windows, new...
Listing provided by: Cody Charnell DRE #01950585 562-896-3851, Sage Real Estate Group, Inc., Juan Huizar DRE #01417642, Sage Real Estate Group, Inc.
Listing updated: May 8, 2026 at 05:40pm.
Last checked: Jun 5, 2026 at 02:30pm
Source: CRMLS #PW26052261
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,550 | $2,550 | $2,695 | Unfurnished |
| 1 | 2 | 1 | — | $2,550 | $2,550 | $2,695 | Unfurnished |
| 1 | 2 | 1 | — | $2,545 | $2,545 | $2,695 | Unfurnished |
| 1 | 2 | 1 | — | $2,745 | $2,745 | $2,695 | Unfurnished |
| 1 | 2 | 1 | — | $2,550 | $2,550 | $2,695 | Unfurnished |
| 1 | 2 | 1 | — | $2,495 | $2,495 | $2,695 | Unfurnished |
| 1 | 2 | 1 | — | $2,695 | $2,695 | $2,695 | Unfurnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
12.6x
List Price / Annual Gross Rent
Cap Rate
5.5%
NOI / List Price
Gross Scheduled Income: $217,560
Vacancy Allowance: $6,527
Vacancy Allowance Rate: 3%
Operating Expense: $64,734
Net Operating Income: $148,215
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Maintenance: $4,900
New Taxes: $34,313
Pest Control: $960
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Flooring: Vinyl
Cooling: Wall Window Units
Heating: Wall Furnace
Fireplace: None
Laundry: Inside
Entry Location: Side
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Foundation: Slab
Property Condition: Turnkey
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Fencing: Block
Water Source: Public
Sewer: Private Sewer
View: None
Road Frontage Type: City Street
Garage and Parking
Garage Spaces: 4
Uncovered Spaces: 8
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7241009026
Additional Parcels: No
Tax Lot: 80
Subdivision: Eastside (ES)
Community
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 1203 Ximeno, Long Beach, CA 90804. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,196,000
Total Interest
$2,800,877
Total Payment
$4,996,877
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,890
per month
Property History for 1203 Ximeno
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90804.
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