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Home For Sale
1108 Termino Ave 10
Long Beach, California 90804
Los Angeles CountyCommunity:
$4,500,000
20 br, 0.0 bath
10158 sq. ft.
0.197 acres
Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area, the property presents over 18% rental upside potential. Recent improvements include remodeled units in 2021 and an upgraded 15-space parking garage. The building comprises 10 spacious two-bedroom, condo-style apartments, each featuring bright and airy interiors. Upper units offer vaulted ceilings, and all units include large balconies for added comfort. Security is enhanced with locked entrances and surveillance cameras throughout the property. The gated garage, with 15 parking spaces, also provides potential for additional income by renting out unused spaces. Other key features include a newer roof with a lifetime guarantee and seller-owned laundry machines. With tenants responsible for their own gas and electricity, operating costs remain low. Conveniently located near freeways and public transportation, this well-maintained, income-generating property offers significant growth potential. Don't miss out on this outstanding investment opportunity in a thriving Long Beach neighborhood!
Interior:
- Bedrooms: 20
- Baths: 0.0
- Sq Ft: 10158
- Year Built: 1986
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC:
- Garage: Gated
Exterior:
- Lot Size: 0.197 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding:
- Roof:
- MLS #: 24-437011
Contact Information:
Listing Agent: Cheong Lee, KELLER WILLIAMS BEVERLY HILLS REALTY, 310-432-6400, 310-432-6400
Listing Site, Listing Status: Active
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5373025
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Updated: Nov 19, 2024