$1,125,000
$1,300,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
1535 Termino AVE Long Beach, CA 90804
2,200 Sqft Lot
Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CROC24145967
Sold Date 12/04/24
Style Traditional
HOA Fees $750
Originating Board California Regional MLS
Year Built 1963
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.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Rooms
Kitchen Oven Range - Electric, Oven - Electric
Interior
Flooring Laminate
Laundry Community Facility
Exterior
Parking Features Assigned Spaces, Garage
Garage Spaces 4.0
Pool Community Facility, Spa - Community Facility
View None
Building
Water District - Public
Architectural Style Traditional
Others
Tax ID 7253013040
Special Listing Condition Not Applicable
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Bought with Spencer Pabst