Millman Team Real Estate

$12,200,000
0.37 Acre Lot

5120 E Livingston Drive, Long Beach, California 90803

  • Residential Income Property Type
  • 1943 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
PW25065019
$12,200,000
1943
0.37 Acre
Active
1
Mixed Use
Features
: None
: Inside, Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Long Beach
Belmont Park (BP)
90803
Livingston
5120
Drive
Livingston Dr
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
E
LBR4R
Additional Information
$0
$0
$0
$0
$0
16874
: Sidewalks
1
13.0
: Two
: 26-30 Units/Acre
26
2025-03-25
2
2
: Public
Broker/Agent Information
Keller Williams Realty Downey
Robert Stepp
Listing Information
PSTEPROB
PB18067
Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange
Active
2025-11-01T03:48:34Z
CRMLS
: Standard
2025-03-25T12:59:08Z
Agent info
Ray Millman
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