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Sold for $1,125,000 on 12/04/24
  • Listing Provided by: 

    Jason Dufault DRE #01844551 714-292-6478,

    Keller Williams Coastal Proper

    Bought with: Pabst, Kinney & Associates
    $1,125,000

    1535 Termino Ave, Long Beach, CA 90804

    5beds
    4baths
    3,570sqft
    Quadruplex
    Built in 1963
    -- sqft lot
    $1,106,600 Zestimate®
    $315/sqft
    $3,266 Estimated rent

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    $7,790/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 02:38pm

    Listing Provided by:

    Jason Dufault DRE #01844551 714-292-6478,

    Keller Williams Coastal Proper

    Bought with:

    Spencer Pabst, DRE #01849377

    Pabst, Kinney & Associates

    Source: CRMLS,MLS#: OC24145967MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Appliances
    • Included: Electric Oven, Electric Range
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Laminate
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,570
    • Total interior livable area: 3,570 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Direct Access, Garage
    • Garage spaces: 4
    Features
    • Entry location: Ground Floor
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2,200 sqft
    • Features: Close to Clubhouse
    Details
    • Parcel number: 7253013040
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks, Pool
    Location
    • Region: Long Beach
    • Subdivision: Circle (Ca)

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $750 monthly
    • Amenities included: Clubhouse, Pool, Spa/Hot Tub

    Other

    Other facts
    • Listing terms: Conventional
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    Estimated market value
    $1,106,600