Properties
Long Beach, CA 90803 5120 E Livingston Drive
$12,200,000
14 more
Presented By: Robert Stepp with Keller Williams Realty Downey; 310-463-2916
Baths • 1
SQFT • 16,874
Garage • 13
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 Realty Downey; 310-463-2916
Interior Features for 5120 E Livingston Drive
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesCommon Area, Inside
Total Stories2
Other Rooms
Entry Level1
General for 5120 E Livingston Drive
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLong Beach
Community FeaturesSidewalks
CountyLos Angeles
DirectionsLivingston Dr
Electric Expense4854.5
Entry Location1
Fuel Expense4854.5
Garage Spaces13
Garage Y/NYes
Gross Income752626
Insurance Expense39000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Lot Size Square Feet15912
Lot Size UnitsSquare Feet
MLS Area1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr
MaintenanceExpense18200
Net Operating Income459170
New ConstructionNo
Number Of Units Total26
Operating Expense293456
Pool FeaturesNone
PostalCityLONG BEACH
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameBelmont Park (BP)
Tax Lot8
Taxes$154,833
Trash Expense4854.5
Water Sewer Expense4854.5
Year Built1943
Year Built SourceAssessor
ZoningLBR4R
Exterior for 5120 E Livingston Drive
Building Area Total16874
Lot Features26-30 Units/Acre
Lot Size Acres0.3653
Lot Size Area15912
Lot Size SourceAssessor
Number of Buildings4
Number of Separate Electric Meters26
Number of Separate Gas Meters26
Number of Separate Water Meters1
Private PoolNo
Total Parking13
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
