The insurance company assumes the financial risk of covering these events in exchange for the premiums paid by the policyholder. There are many different types of insurance,
Nestled in the heart of Belmont Shore, 125 Ximeno Ave stands as a rare opportunity for an investor looking to add a trophy asset to their portfolio. This legacy 18-unit apartment building offers a diverse mix of (2) 2-bed/1-bath units, (12) 1-bed/1-bath units, and (4) studio units, totaling 9,708 square feet on an expansive 9,462 square foot lot. Boasting a shared heated pool and courtyard area, this property combines comfort and convenience for its residents. With a solid 4.74% CAP rate and a price tag of $344K per unit, the investment potential is undeniable. Positioned less than 2 blocks from the beach and within easy reach of premier retail and dining destinations along 2nd Street, 125 Ximeno Ave enjoys a prime location in Long Beach. Whether you're seeking steady returns or looking to capitalize on the area's growth, this property represents a compelling opportunity in an A+ location.
3 weeks ago | Status changed to Active | |
3 weeks ago | Listing updated with changes from the MLS® | |
5 months ago | Price changed to $6,200,000 | |
10 months ago | Listing first seen on site |
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2300 Boswell Rd Ste 100, Chula Vista, CA, 91914
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