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$ 1,795,000
Est. payment | /mo
9 Beds
7 Baths
6,254 Sqft Lot
$ 1,795,000
Est. payment | /mo
9 Beds
7 Baths
6,254 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26133542
Bedrooms 9
Lot Size 6,254 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Pleased to present 1315 Termino Avenue, a substantially renovated and redeveloped four-unit multifamily property located in the highly desirable city of Long Beach. Originally constructed as a duplex, the property underwent a comprehensive transformation in 2024, including the complete renovation of the existing units down to the studs, along with the addition of two newly constructed units, creating a highly improved and modernized residential asset. The property is comprised entirely of spacious 2 and 3-bedroom floorplans featuring high-end finishes, contemporary design elements, and quality craftsmanship throughout. The extensive 2024 improvements provide investors with a rare opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. With its desirable unit mix, modern finishes, and strong underlying rental demand for larger floorplans, 1315 Termino Avenue is well-positioned to attract long-term tenants seeking upgraded housing accommodations within a centrally located coastal-adjacent neighborhood. The property represents a compelling opportunity to acquire a high-quality multifamily asset in one of Southern Californias most active and evolving rental markets.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Anaheim St and East of Redondo Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 7253010019
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Damien Breaux, DRE#01460301 Morgan Skenderian
NEARBY SCHOOL & BUSINESS
8322 Clairemont Mesa Blvd Suite 206, Diego, California, 92111, United States