1344 Ximeno Avenue, Long Beach, California 90804, Long Beach, 90804 - bed, bath
ACTIVE$1,715,000
1344 Ximeno Avenue, Long Beach, California 90804
0Bed
0Bath
3,100Sqft
4,524Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Brand New Construction (Triplex): The property is explicitly described as 'NEW CONSTRUCTION' for all three units, ensuring modern standards, reduced immediate maintenance, and high tenant appeal.
Top Cons:
Ambiguous 'New Construction' vs. Original Build Year: The listing states 'NEW CONSTRUCTION' but the property's 'year_built' is listed as 1923. This discrepancy requires clarification to understand if it's a complete rebuild or a substantial renovation on an older foundation, which could impact long-term structural or utility considerations.
Compared to the nearby listings
Price:$1.72M vs avg $1.24M (+$480,000)93%
Size:3,100 sqft vs avg 2,298 sqft87%
Price/sqft:$553 vs avg $47960%
More Insights
Built in 1923 (102 years old).
Condition: Despite the original 1923 build year, the MLS description explicitly states 'NEW CONSTRUCTION' for this 3-unit property, with 'new appliances, washer and dryer, and AC.' The images strongly support this, showcasing a fully modernized interior with a brand-new, open-concept kitchen featuring white shaker cabinets, quartz countertops, marble-look backsplash, and new stainless steel appliances. The property boasts new LVP flooring throughout, recessed lighting, modern light fixtures, and visible new exterior HVAC and tankless water heater systems. All components appear new or virtually new, indicating an extensive recent renovation or rebuild to current quality standards.
Year Built
1923
Close
-
List price
$1.72M
Original List price
$1.73M
Price/Sqft
$553
HOA
-
Days on market
-
Sold On
-
MLS number
RS25162169
Home ConditionExcellent
Features
Patio
View-
About this home
IMPECCABLE 3 UNIT NEW CONSTRUCTION IN A EXCELLENT AREA .FRONT HOUSE 2/2 WITH 1 CAR GARAGE DRIVEWAY TO THE STREET AND 2 -2/2 UNITS ON THE BACK ALL WITH NEW APPLIANCES , WASHER AND DRYER AND AC . THIS PROPERTY IS A MUST SEE !!
Price History
Date
Event
Price
06/28/23
Sold
$503,000
Condition Rating
Excellent
Despite the original 1923 build year, the MLS description explicitly states 'NEW CONSTRUCTION' for this 3-unit property, with 'new appliances, washer and dryer, and AC.' The images strongly support this, showcasing a fully modernized interior with a brand-new, open-concept kitchen featuring white shaker cabinets, quartz countertops, marble-look backsplash, and new stainless steel appliances. The property boasts new LVP flooring throughout, recessed lighting, modern light fixtures, and visible new exterior HVAC and tankless water heater systems. All components appear new or virtually new, indicating an extensive recent renovation or rebuild to current quality standards.
Pros & Cons
Pros
Brand New Construction (Triplex): The property is explicitly described as 'NEW CONSTRUCTION' for all three units, ensuring modern standards, reduced immediate maintenance, and high tenant appeal.
Strong Income Potential: As a triplex (Residential Income property) with three 2-bedroom, 2-bathroom units, it offers excellent multi-unit rental income potential.
Fully Equipped with Modern Amenities: Each unit comes with 'NEW APPLIANCES, WASHER AND DRYER AND AC,' providing turn-key readiness for tenants and minimizing landlord setup costs.
Desirable Location: Located in an 'EXCELLENT AREA' of Long Beach, which typically translates to strong rental demand and potential for property value appreciation.
Convenient Parking: The front unit includes a '1 CAR GARAGE DRIVEWAY TO THE STREET,' a valuable amenity in urban settings, enhancing tenant convenience and property appeal.
Cons
Ambiguous 'New Construction' vs. Original Build Year: The listing states 'NEW CONSTRUCTION' but the property's 'year_built' is listed as 1923. This discrepancy requires clarification to understand if it's a complete rebuild or a substantial renovation on an older foundation, which could impact long-term structural or utility considerations.
Undisclosed MLS Area Details: The MLS area is vaguely defined as '699 - Not Defined,' which limits the ability to conduct precise comparative market analysis based on specific neighborhood boundaries or established sub-markets.
Recent Price Adjustment: The property has undergone a recent price reduction, which, while potentially a strategic market correction, might lead prospective buyers to question the initial pricing strategy or perceive a lack of strong buyer interest.