1535 Termino Avenue Active

Long Beach,CA 90804

$ 1300000

3 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC24145967

Bedrooms 3

HOA Fees $750/mo

HOA Y/N Yes

Lot Size 2,200 Sqft

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Long Beach (90804)

Zoning Assessor

Exterior

Garage Unit1:Assigned

Pool Community/Common

Building

Lot Description Sidewalks

Story 2

Lot Size Range 1-3999 SF

Others

Monthly Total Fees $820

Acceptable Financing Conventional

Space Rent $1,600

Listing Terms Conventional

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