Long Beach, CA 90803 5120 E Livingston Drive
$12,200,000
14 more
Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
Beds • 26
Baths • 3
SQFT • 16,874
Garage • 13
Year Built • 1943
Home Details
Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the highly sought-after Belmont Shore rental submarket of Long Beach. Attractive assumable financing is available at 2.97% with 60% LTV through 2030. The property consists of all 1-bedroom, 1-bathroom units in varying sizes, all remodeled with modern kitchens and bathrooms. A spacious and inviting common courtyard enhances the living experience, featuring BBQ and dining facilities. Additionally, the oversized lot includes 13 private garages, adding convenience and value for residents. Recent capital improvements include upgraded electrical panels and completed seismic retrofitting. Situated in the heart of Belmont Shore, Livingston Place offers a prime location just steps from the beach and within close proximity to Naples Island, the vibrant shopping and dining scene of 2nd Street, and the picturesque Alamitos Bay.
Presented By: Robert Stepp with Keller Williams - Santa Monica; 310-463-2916
Interior Features for 5120 E Livingston Drive
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, Inside
Total Stories2
Other Rooms
Entry Level1
General for 5120 E Livingston Drive
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsLivingston Dr
Electric Expense4854.5
Electric On Property Y/NNo
Entry Location1
Fuel Expense4854.0
Garage Spaces13.0
Garage Y/NYes
Gross Income752626.0
HOANo
Home Warranty Y/NNo
Insurance Expense39000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Exchange1031
Lot Size Square Feet15912.0
Lot Size UnitsSquareFeet
MLS Area1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
MaintenanceExpense18200.0
MobileHomeRemainsYNNo
Net Operating Income459170.0
New ConstructionNo
Number Of Units Total26
Operating Expense293456.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Subdivision NameBelmont Park (BP)
Tax Lot8
Taxes$154,833
Trash Expense4854.5
Water Sewer Expense4854.5
Waterfront Y/NNo
Year Built1943
Year Built SourceAssessor
ZoningLBR4R
Exterior for 5120 E Livingston Drive
Building Area Total16874.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwentySixToThirtyUnitsAcre
Lot Size Acres0.3653
Lot Size Area15912.0
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters26
Number of Separate Gas Meters26
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking13.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$12,200,000
MLS#PW25065019
List Date
03/25/2025
Property Type
Multi-Family
Phone
(562) 537-4182
