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Home For Sale

1108 Termino Ave 10 10

Long Beach, California 90804

Los Angeles County

Community: 

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$4,650,000 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: 
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  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 24-437011
  • Unit Number: 10
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Contact Information:
Beach Home For Sale in Long Beach, California
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.
Ad Number: 5373025
Viewed 27 times.
Updated: Sep 16, 2024

This property is a Home located at 1108 Termino Ave 10 10, Long Beach, California 90804, and is currently For Sale at $4,650,000. This Home has 20 bedrooms, 0.0 baths, 10158 sq ft.

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