Save
Ask
Tour
Hide
Share
$4,650,000
41 Days Online

1108 Termino Avenue
Long Beach, CA 90804

For Sale|Single Family Home|Active
0
Beds
0
Full Baths
0
Partial Baths
10,158
SqFt
$458
/SqFt
1986
Built
County:
Los Angeles
Listed by Lily Nguyen of Berkshire Hathaway HomeService 949-524-9290

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 562.896.2456
Is this the home for you? We can help make it yours.
562.896.2456
1108 Termino Avenue1108 Termino Avenue1108 Termino Avenue1108 Termino Avenue
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$21,215
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

GREAT INVESTMENT PROPERTY!!! Discover a gem in the Eastside submarket of Long Beach with this exceptional 1980s building. This property boasts 10 LARGE UNITS two-bedroom, condo-style apartments, each offering spacious and luminous interiors. Highlights include vaulted ceilings in upper units and expansive balconies in all apartments, enhancing the appeal and comfort for residents. Security is prioritized with locked entrances and security cameras throughout the property. Additionally, the building features a gated garage with 15 parking spaces, presenting an opportunity to generate additional income by renting out surplus spaces. It features a newer roof with a lifetime guarantee and includes seller-owned laundry machines. The financial burden of utilities is eased as tenants are responsible for their own gas and electric costs, keeping operating expenses low. This investment asset is a standout in a desirable, low-vacancy area of Long Beach, offering more than 18% rental upside potential. Recent upgrades include remodeled units in 2021 and a piloties 15 parking lot enhancement. Conveniently located near freeways and public transportation, this property represents a rare chance to acquire a well-maintained, income-generating building with significant growth potential. Act now to capitalize on this excellent investment opportunity in a thriving residential neighborhood.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$4,650,000
Days Online 
41 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,158 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1965 Acres
Year Built 
1986
MLS® Number 
OC24089428
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen online
General Features
Parking Spaces 
15
Sewer 
Public Sewer
Number of Stories 
3+3
Acreage 
0.1965
Water 
Public
Property Sub Type 
Mixed Use
Garage Spaces 
15
Zoning 
LBR2N
Listing Conditions 
Standard
Interior Features
Cooling 
Central Air
Laundry Features 
Common Area
Save
Ask
Tour
Hide
Share
Exterior Features
Pool Features 
None
Lot 
Item610 Units Acre
Community Features
Association Dues 
0
Community Features 
Sidewalks
Senior Community 
No
MLS Area 
3 - Eastside, Circle Area


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share