1363 1361 Ximeno
Long Beach, CA, 90804 $ 825,000
Baths1.0 Sq 1,200 Monthly Estimate*
$ 5,147
Listed by Homesmart Realty Group
Studio for $825,000 with 1 full bath. This 1,200 square foot home was built in 1941 on a lot size of 0.0813.
This is more than an income property. This is a rare opportunity to own a beautifully upgraded side-by-side duplex in one of Long Beach's most sought-after rental corridors. Just minutes from CSULB, Belmont Shores, and the beach, this property combines strong rental income potential with modern upgrades and lifestyle appeal. TWO stylish, move-in ready homes feature private entrances and spacious interiors with updated kitchens that include stainless steel appliances, sleek cabinetry, and tile or laminate flooring. Bright living areas offer designer touches, new paint, and upgraded lighting, while modern bathrooms showcase custom tile work, updated vanities, and rainfall showers. Outdoor lifestyle spaces include private patios strung with café lights, perfect for entertaining or relaxing under the palms, and landscaped grounds with mature trees, lush grass, and privacy fencing. FLEXIBLE options allow you to live in one unit, rent the other, or lease both for strong cash flow. The high-demand location ensures steady rental interest from students, professionals, and families. With turnkey condition and no major work required, you can start collecting rent immediately, while area market rents support attractive future growth. THE location is unmatched, with walking distance to the beach, Recreation Park Golf Course, and Long Beach’s iconic coastline, it also provides easy access to the 405, 710, and 22 freeways for commuters. The neighborhood is known for charm, stability, and appreciation potential. INVESTORS see the numbers, but residents feel the lifestyle: a morning coffee on the private patio, evenings under the string lights, and weekends biking to the beach. This property offers the rare combination of turnkey investment and California coastal living. Unlike typical duplex offerings, each unit here is thoughtfully upgraded with designer details, private outdoor retreats, and modern conveniences like in-unit laundry. It is the perfect blend of style, comfort, and income potential.
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FeaturesGeneralSewer Public Sewer
Heating Baseboard
Cooling Ductless ENERGY STAR Qualified Equipment
Utilities Cable Available Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Appliances Electric Range Gas Oven Gas Range Gas Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1941
Electric Electricity - On Property
Tenant Pays All Utilities
View Neighborhood
Stories Count 1
Levels One
Property Subtype Duplex
Gross Income 57600
Community Features Dog Park Hiking Park
County Los Angeles
Net Operating Income 47400
Operating Expense 9485
Insurance Expense 1500
New Construction 0
Property Type Residential Income
Association Amenities Fire Pit
HOA 0
MaintenanceExpense 1200
Subdivision Name Circle (CA)
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions On Ximeno between PCH and Anaheim
City Long Beach
Entry Location main
Senior Community Y/N 0
Number Of Units Total 2
MLS Area 3 - Eastside Circle Area
Lot Size Units Square Feet
Lot Size Square Feet 3542
Number of Units Leased 2
Listing Terms Cash Conventional Cal Vet Loan 1031 Exchange FHA Fannie Mae
Property Attached Y/N 1
Land Lease Y/N 0
Property Condition Updated/Remodeled Turnkey
Trash Expense 700
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 17
Total Actual Rent 4695
Property Sub Type Additional Duplex
Taxes 10312
Cap Rate 5.75
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InteriorInterior Amenities Tile Counters Unfurnished All Bedrooms Down
Flooring Laminate
Fireplace Features Bath Dining Room Electric Gas Kitchen Living Room Outside
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N 1
Heating Y/N 1
Window Features Double Pane Windows ENERGY STAR Qualified Windows Insulated Windows
Fireplace Y/N 1
Laundry Features Washer Hookup Electric Dryer Hookup
Entry Level 1
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ExteriorExterior Amenities Fire Pit
Fencing Excellent Condition Wood
Parking Features On Street
Lot Features 2-5 Units/Acre Front Yard Lawn Landscaped Street Level Yard
Water Source Public
Total Parking 0
Lot Size Area 3542
Number of Buildings 1
Building Area Total 1200
Lot Size Acres 0.0813
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded FeaturesList ByHomesmart Realty GroupBroker
SebastianClaeys@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,147
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Long Beach, CA
Average List Price $1,858,236
Percent of Sale Price 125%
About Long Beach, CA 470,090 Population
2% Since 2002
$ 57,916 Median Income
35.78 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/20/2025 | $825,000 | | Listed Price |