1108 Termino Avenue
Long Beach, CA 90804
- – beds
- – baths
- – sqft
- 8,561 sqft lot
- 1986 build
- – on site
DO NOT CONTACT THE OWNER. AGENT STILL HOLDS A VALID CONTRACT. 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!
Last checked:
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Last updated Dec 17, 2024
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MLS# 24437011 —
The Building
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Year Built:1986
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New Construction:No
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Building Area Total:10158.00
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Total Number Of Units:10
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# of Buildings:1
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Entry Level:1
Interior
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Levels:Multi/Split
Location
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Directions:S of Anaheim St / N of E 10th St
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Latitude:33.78104400
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Longitude:-118.14555400
The Property
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Property Type:Residential Income
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Zoning:LBR2N
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Lot Size Area:8561.0000
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Lot Size Acres:0.1965
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Lot Size SqFt:8561.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7254005032
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Gated
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/15/24
Jun 15, 2024
|
Sold | BRIDGE | ||
|
5/4/24
May 4, 2024
|
Listed / Active | CRMLS_CA | ||
|
6/5/23
Jun 5, 2023
|
Listed / Active | CRMLS_CA |
