1 of 35
Tools
Size
20
Bedrooms
10,158 Sq Ft.
interior
0.2 Acres
Exterior
Financial
$4,650,000
Change Currency
$458
Price Per Sqft
Listing Details
Multi Family
Property type
1986
Year Built
13041433
Web Id
24-437011
MLS ID
21
Days Posted
Description
1108 Termino Ave,
#10,
Long Beach,
CA
90804
#10, Long Beach, CA 90804
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!
This is an Active listing.
Broker Office Phone Number: 310-432-6400
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 310-432-6400
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Wall or Window Air Conditioner(s)
Price History
date | price | variance | type |
---|---|---|---|
9/15/2024 | $4,650,000 | - | Listed |
Listing By: Keller Williams Beverly Hills via Data Source: TheMLSCLAW
listing agent: Cheong Lee