We are excited to introduce a fantastic opportunity located at 1535 Termino Ave Ave in Long Beach. This property features a 4 unit apartment building with (3) 1-Bedroom, 1-Bathroom units and (1) 2-Bedroom, 1-Bathroom Unit each around 884 sqft. Built in 1963, the building offers a total of 3,537 sqft of livable space on a spacious lot.
Key features include:
-Gated Community with Pool
– Tenants responsible for their electricity and gas
– Separate metering for each unit
– Attached garages
. With a potential for rental over 1.5x income upside, this presents an ideal opportunity for a value-add investor.
Key features include:
-Gated Community with Pool
– Tenants responsible for their electricity and gas
– Separate metering for each unit
– Attached garages
. With a potential for rental over 1.5x income upside, this presents an ideal opportunity for a value-add investor.
Property Details
Price:
$1,300,000
MLS #:
OC24145967
Status:
Active
Baths:
0
Address:
1535 Termino Avenue
Type:
Residential Income
Subtype:
Quadruplex
Subdivision:
Circle CA
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Jul 16, 2024
State:
CA
ZIP:
90804
Lot Size:
2,200 sqft / 0.05 acres (approx)
Year Built:
1963
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Electric Oven, Electric Range
Flooring
Carpet, Laminate
Exterior
Association Amenities
Pool, Spa/ Hot Tub, Clubhouse
Community Features
Sidewalks
Electric
Electricity – On Property
Garage Spaces
4.00
Lot Features
Close to Clubhouse
Parking Features
Assigned, Direct Garage Access
Parking Spots
4.00
Pool Features
Association, Community
Sewer
Public Sewer
Spa Features
Association, Community
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
750.00
Tenant Pays
All Utilities, Cable T V, Electricity
Map
Community
- Address1535 Termino Avenue Long Beach CA
- Area3 – Eastside, Circle Area
- SubdivisionCircle (CA)
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
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Courtesy of Keller Williams Coastal Proper. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1535 Termino Avenue
Long Beach, CA
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