111 Ximeno Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated payment $10,164/month
About This Home
Nestled in the heart of Belmont Shore, this charming and well-maintained duplex with a bonus studio offers the perfect blend of location, character, and income potential. Just two blocks from the beach, the property is currently configured as three rental units—public record shows two. Buyer to verify all permits and unit count with the City. Built in 1941, it features spacious layouts and a desirable mix: a 3-bed/1-bath, a 2-bed/2-bath, and a studio. The vacant 3-bedroom has been tastefully renovated with vinyl plank flooring, updated kitchen, and a private balcony. The front 2-bedroom, 2-bath unit is generously sized and full of charm, featuring a mix of vinyl plank flooring, carpet, and a large front porch ideal for outdoor leisure or entertaining. The kitchen includes a gas stove and dishwasher, and one of the bathrooms has been recently remodeled. The non-conforming studio features vaulted ceilings, creating an open and airy feel. It includes a sink, microwave, and refrigerator. Additional highlights include an on-site washer/dryer, two-car garage, and two additional parking spaces. Each unit has its own entrance. Prime coastal location near 2nd Street’s dining, shops, Rosie’s Dog Beach, and the Belmont Pier—an exceptional opportunity for an owner-occupant or investor in one of Long Beach’s most sought-after neighborhoods. Buyer to verify all information.
Listing Agent
Triqor Group Brokerage Email: chris.walker@triqorgroup.com License #01905338 Listed on: 10/13/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 3,160 Sq Ft Lot
- Two or More Common Walls
- Irregular Lot
Parking
- 2 Open Parking Spaces
- 1 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,675 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Legal Lot and Block 18 / 7
- Tax Tract Number 3750
- Assessor Parcel Number 7256027015
- $516 per year additional tax assessments
Community Details
Overview
- 2 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Operating Expense $35,374
- Gross Income $86,264
- Net Operating Income $50,890
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,127 | $707,318 | $512,815 | $194,503 |
| 2024 | $9,127 | $693,450 | $502,760 | $190,690 |
| 2023 | $8,976 | $679,853 | $492,902 | $186,951 |
| 2022 | $8,428 | $666,524 | $483,238 | $183,286 |
| 2021 | $8,255 | $653,456 | $473,763 | $179,693 |
| 2019 | $8,137 | $634,076 | $459,712 | $174,364 |
| 2018 | $7,895 | $621,645 | $450,699 | $170,946 |
| 2016 | $7,252 | $597,508 | $433,199 | $164,309 |
| 2015 | $6,961 | $588,533 | $426,692 | $161,841 |
| 2014 | $6,913 | $577,005 | $418,334 | $158,671 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | Price Changed | $1,800,000 | -5.3% | $673 / Sq Ft |
| 10/13/2025 10/13/25 | Price Changed | $1,900,000 | +111.1% | $710 / Sq Ft |
| 10/13/2025 10/13/25 | For Sale | $900,000 | -- | $336 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Quit Claim Deed | -- | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $354,100 | New Conventional | |
| Closed | $354,100 | New Conventional | |
| Previous Owner | $350,000 | Purchase Money Mortgage | |
| Previous Owner | $350,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25238426
APN: 7256-027-015
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