INVESTMENT SUMMARY

Livingston Place is a 26-unit apartment complex located at 5120 Livingstone Drive in the highly sought-after Belmont Shore area of Long Beach. Attractive assumable financing is available at 2.97% with 60% LTV through 2030. 

The property consists of all 1BD/1BA 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.

INVESTMENT HIGHLIGHTS

• Attractive Assumable Financing - 2.97% Until at 60% LTV until 2030
• Prime Belmont Shore Location
• All Units Remodeled with Modern Kitchens and Bathrooms
• Updated Electrical Panels; Seismic Retrofitting Completed
• Stunning Picnic Area with a Community BBQ
• Oversized Lot with 13 Garages Included

Robert Stepp / 310.463.2916

Stepp Commercial

rstepp@steppcommercial.com

Michael Toveg / 310.570.6657

Stepp Commercial

mtoveg@steppcommercial.com