ActiveCondominium

1770 Ximeno Avenue 314

Long Beach, CA, 90815

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$418,000

MLS: PW26062012

Beds

1

Baths

1

Sq Ft

720

Lot

Year Built

1966

MLS #

PW26062012

Days on Market

9

Listed

Mar 22, 2026

Description

Welcome to 1770 Ximeno Avenue Unit 314 and make it your new home! *Property is eligible for a first time buyer grant for owner occupied buyers. There is an assumable loan on the property with rate of 5.375%. Call to inquire. This generous size 1 bedroom 1 bathroom condo features everything you need. Going down the list you get a nice open kitchen plenty of counter space and cabinets. A very large living room with floor to ceiling windows with lots of natural light, recessed lighting, laminate wood flooring, big dining room area and breakfast nook. This unit offers a large bedroom and large closets with storage organizers so you can maximize your wardrobe. From your bedroom you can step out onto your own private balcony where you can take in the neighborhood views. This building is centrally located, near the traffic circle making it a breeze to access all the wonderful neighborhoods Long Beach has to offer. If being in a walkable area is important, this is property is your match! You are just steps away from Grocery stores (Vons and Ralphs), gyms, dining, shopping, coffee shops and more! Mins to freeway, beaches, downtown, nightlife, parks, museums and in the heart of Long Beach. Welcome home!

Location

Long Beach, Los Angeles County, CA 90815

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Listed by: Kim Gueche · Alchemy Properties

Payment estimate

$3,204

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $41,800 · Loan: $376,200

%
Principal & Interest
$2,311
Property tax (1.25%)
$435
Homeowners insurance
$300
Mortgage insurance
$157
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Long Beach home with as little as 3.5% down using an FHA loan — roughly $14,630 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Assumable Loan — Lock In a Below-Market Rate

This Long Beach property has an assumable mortgage, meaning a qualified buyer can take over the existing loan at its current interest rate — potentially far below today's market rates. Assumable financing can dramatically reduce your monthly payment and total interest cost over the life of the loan compared to qualifying for a new mortgage at prevailing rates. This is a rare and significant financial advantage; ask your agent for the current loan details.

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