5120 E Livingston Dr Long Beach, CA 90803

Building Details

Year Built

1943

Listing Agency Stepp Commercial r***@steppcommercial.com Show Phone

Listed by Robert Stepp · License #01456379 Show Phone

Source Elliman

Added: Mar 11 Updated: Jul 6 at 10:57 am Checked: Jul 20 at 3:57 am

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Investment Insights

Based on property information with market context.

Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the Belmont Shore rental submarket of Long Beach. The property consists of 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. The oversized lot includes 13 private garages. Recent capital improvements include upgraded electrical panels and completed seismic retrofitting. Livingston Place offers a location just steps from the beach and within close proximity to Naples Island, the shopping and dining scene of 2nd Street, and Alamitos Bay.

Key Highlights

• Prime Belmont Shore location, steps from the beach, 2nd Street, Naples Island, and Alamitos Bay.
• Attractive assumable financing at 2.97% with 60% LTV through 2030.
• All units are remodeled 1‑bedroom, 1‑bathroom apartments with modern kitchens and bathrooms.

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FAQs

What type of property is this?

Apartment building - 26-unit apartment complex in Belmont Shore, steps from the beach.

Where is this apartment building located?

The property is located at 5120 E Livingston Dr Long Beach, CA.

What is the asking price?

The asking price for this property is $12,200,000.

What are key features of this property?

This property features: Prime Belmont Shore location, steps from the beach, 2nd Street, Naples Island, and Alamitos Bay.; **Attractive assumable financing at 2.97% with 60% LTV through 2030.**; All units are remodeled 1‑bedroom, 1‑bathroom apartments with modern kitchens and bathrooms.