1201 Ximeno Avenue 8, Long Beach, California 90804, Long Beach, 90804 - bed, bath
1201 Ximeno Avenue 8
Long Beach, California 90804
Property Price
SUMMARY
Analysis of 1201 Ximeno Avenue 8, Long Beach, California 90804 is currently available with a list price of $2,325,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Long Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1988 (36 years ago), which aligns with the 'Fair' condition criteria for buildings aged 25 to 40 years. While the roof is relatively new (2 years old) and 50% of the units have been remodeled, the remaining four units likely feature original 1980s kitchens, bathrooms, and fixtures. The 'drive-by only' restriction and 'subject to inspection' clause typically indicate that the interior condition of the un-remodeled units may show signs of age and deferred cosmetic updates, though the major systems appear functional.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Fremont Elementary School (9/10).
- Desirable Unit Mix
The property consists entirely of 2-bedroom, 2-bathroom units, a highly sought-after configuration that appeals to a wide tenant base and typically commands higher rental premiums.
- Recent Capital Improvements
With a roof approximately two years old and four units already remodeled, the property offers significant immediate value and reduced near-term capital expenditure requirements.
CONSRISKS & DEFICIENCIES
- Restricted Access
The 'drive-by only' restriction and requirement for offers subject to inspection may deter some buyers and complicates the initial evaluation of the interior condition.
- Utility Expense Exposure
While tenants pay for most utilities, the owner remains responsible for water costs, which represents a variable operating expense that can impact net operating income.
About 1201 Ximeno Avenue 8
DRIVE BY ONLY. Offers subject to inspection. All 8 units are 2 Bedrooms 2 Full Bathrooms and each unit has a Parking Space. Balconies have been enclosed and are a part of each unit. 4 units have been remodeled. Roof is approximately 2 years old. Common laundry washers and dryers are owned by the seller. 4 Garages in back are each rented separately. Utilities are paid by the tenants except for water, however, tenants have their own water heaters.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1988
- Lot Size
- 5,502 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Long Beach Unified Schools
Bryant Elementary School
Grades K-5 • 0.2 mi
Fremont Elementary School
Grades K-5 • 0.7 mi
Willard Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,704 | 6,456 | 50% |
| Lot Size | 5,502 | 6,924 | 50% |
| Price | $2.33M | $2.12M | 50% |
| Price per sq ft | $408 | $337 | 50% |
| Built year | 1988 | 1982 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 107 | 50% |
Pricing History
Listed for Sale
Feb 22, 2026
$2,325,000
Initial Listing