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1770 Ximeno Avenue 314, Long Beach, California 90815, Long Beach, 90815 - 1 bed, 1 bath

1770 Ximeno Avenue 314, Long Beach, California 90815 home-pic-0
ACTIVE$424,999
1770 Ximeno Avenue 314, Long Beach, California 90815
1Bed
1Bath
720Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Financial Incentives: Features an assumable loan at 5.375% and eligibility for a below-market rate grant for owner-occupied buyers, offering significant cost savings in the current market.
Top Cons:
Absence of Cooling System: The property description does not mention a cooling system, which could be a significant comfort concern during warmer months in Long Beach.

Compared to the nearby listings

Price:$425.0K vs avg $545.0K ($-120,001)14%
Size:720 sqft vs avg 1,078.5 sqft18%
Price/sqft:$590 vs avg $52171%

More Insights

Built in 1966 (59 years old).
Condition: The property, built in 1966, shows signs of updates such as laminate wood flooring and recessed lighting in the living areas, and some newer kitchen appliances (dishwasher, refrigerator, range). However, the kitchen features dated tile countertops and the bathroom has an older vanity, light fixture, and tile work, indicating renovations that are likely 15-30 years old. While clean and move-in ready, these key areas would benefit from minor updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Year Built
1966
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$590
HOA
$403.74
Days on market
-
Sold On
-
MLS number
PW25207929
Home ConditionFair
Features
Deck
Pool
ViewCity Lights,Neighborhood

About this home

Welcome to 1770 Ximeno Avenue Unit 314 and make it your new home! *Property is eligible for a below market rate and grant for owner occupied buyers. There is an assumable loan on the property with rate of 5.375%. Call to inquire. This generous size 1 bedroom 1 bathroom condo features everything you need. Going down the list you get a nice open kitchen plenty of counter space and cabinets. A very large living room with floor to ceiling windows with lots of natural light, recessed lighting, laminate wood flooring, big dining room area and breakfast nook. This unit offers a large bedroom and large closets with storage organizers so you can maximize your wardrobe. From your bedroom you can step out onto your own private balcony where you can take in the neighborhood views. This building is centrally located, near the traffic circle making it a breeze to access all the wonderful neighborhoods Long Beach has to offer. If being in a walkable area is important, this is property is your match! You are just steps away from Grocery stores (Vons and Ralphs), gyms, dining, shopping, coffee shops and more! Mins to freeway, beaches, downtown, nightlife, parks, museums and in the heart of Long Beach. Welcome home!

Nearby schools

8/10
Bixby Elementary School
Public,•K-5•0.6mi
7/10
Stanford Middle School
Public,•6-8•1.3mi
6/10
Wilson High School
Public,•9-12•0.8mi

Price History

Date
Event
Price
06/09/23
Sold
$405,000
11/26/19
Sold
$305,000
07/27/16
Sold
$237,500
09/10/04
Sold
$247,500
08/01/02
Sold
$119,500
Condition Rating
Fair
The property, built in 1966, shows signs of updates such as laminate wood flooring and recessed lighting in the living areas, and some newer kitchen appliances (dishwasher, refrigerator, range). However, the kitchen features dated tile countertops and the bathroom has an older vanity, light fixture, and tile work, indicating renovations that are likely 15-30 years old. While clean and move-in ready, these key areas would benefit from minor updates to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Financial Incentives: Features an assumable loan at 5.375% and eligibility for a below-market rate grant for owner-occupied buyers, offering significant cost savings in the current market.
Prime Walkable Urban Location: Centrally located near the Long Beach traffic circle, providing immediate access to grocery stores, dining, shopping, gyms, and quick freeway/beach access.
Abundant Natural Light & Private Balcony: Floor-to-ceiling windows flood the living spaces with natural light, complemented by a private balcony offering neighborhood views.
Spacious & Functional 1-Bedroom Layout: Offers a generous living room, big dining area, breakfast nook, and a large bedroom with ample storage, maximizing living comfort for a 1-bedroom unit.
Well-Appointed Interior Features: Includes laminate wood flooring, recessed lighting, and an open kitchen with plenty of counter space and cabinets, enhancing modern living.

Cons

Absence of Cooling System: The property description does not mention a cooling system, which could be a significant comfort concern during warmer months in Long Beach.
Building Age & Potential Infrastructure: Built in 1966, the building's age may imply older common area systems or potential for future maintenance needs and special assessments, despite unit updates.
Condo Living Constraints & HOA Fees: As a condominium, it comes with a monthly HOA fee of $403.74 and inherent restrictions, which may not appeal to all buyers seeking more independence or lower recurring costs.

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