1108 Termino AVE new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90804
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,158 sqft
Price per Sqft $423
MLS Listing ID 25481099
Bedrooms 20
HOA Y/N No
Year Built 1986
Lot Size 8,559 Sqft
Property Description
*No Rent Control* Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area without Rent Control. 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!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplace No
Appliance Dishwasher,Refrigerator
Exterior
Parking Features Assigned,Gated,One Space
Garage Spaces 15.0
Garage Description 15.0
Community Features Gated
Attached Garage Yes
Total Parking Spaces 15
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 7254005032
Security Features Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Gated Community,Key Card Entry,Smoke Detector(s)
Special Listing Condition Standard