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1108 Termino Avenue

Long Beach, CA 90804

– beds
– baths
– sqft
8,561 sqft lot
1986 build
– on site

*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!

Listed By CRMLS_CA / Cheong Lee / Keller Williams Coastal Prop.

Last checked: Checking… • Last updated Jan 21, 2025 •

MLS# 25481099 —

The Building

Year Built:

1986
New Construction:

No
Building Area Total:

10158.00
Total Number Of Units:

10
# of Buildings:

1
Stories Total:

3
Entry Level:

1

Interior

Levels:

Multi/Split
Flooring:

Wood

Location

Directions:

S of Anaheim // N of 10th
Latitude:

33.78093600
Longitude:

-118.14539100

The Property

Property Type:

Residential Income
Zoning:

LBR2N
Lot Size Area:

8561.0000
Lot Size Acres:

0.1965
Lot Size SqFt:

8561.00
Security Features:

Card/Code Access, Gated Community, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Fire Sprinkler System
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

7254005032

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Refrigerator
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Gated, Parking Space, Assigned
Parking Spaces:

15.00
Garage Spaces:

15.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/13/25 Jan 13, 2025	Listed / Active	CRMLS_CA	$4,300,000	30.3% (7.3% / YR)
11/25/24 Nov 25, 2024	Price Changed	CRMLS_CA
11/18/24 Nov 18, 2024	Price Changed	CRMLS_CA

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This multifamily located in Recreation Park, Long Beach, CA 90804 is currently for sale for $4,300,000. 1108 Termino Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 11 days. 1108 Termino Avenue is in the Recreation Park neighborhood of Long Beach and has a WalkScore® of 84, making it very walkable. This multifamily is in the attendance area of Wilson High School, Bryant Elementary School, and Jefferson Leadership Academies.

Listing Courtesy of: CRMLS_CA and Keller Williams Coastal Prop.. Based on information from California Regional Multiple Listing Service, Inc. as of 06:08 on Jan 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.