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1535 Termino AVE Long Beach, CA 90804
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Key Details
Sold Price $1,125,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Circle (Ca)
MLS Listing ID OC24145967
Condo Fees $750
HOA Fees $750/mo
Year Built 1963
Lot Size 2,199 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
Zoning LBR2N
Interior
Flooring Carpet, Laminate
Laundry Common Area
Exterior
Parking Features Assigned, Direct Access, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool Community, Association
Community Features Sidewalks, Pool
Amenities Available Clubhouse, Pool, Spa/Hot Tub
View Y/N No
View None
Building
Lot Description Close to Clubhouse
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Spencer Pabst • Pabst, Kinney & Associates
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