1535 Termino AVE Active

Long Beach,CA 90804

$ 1300000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Circle (Ca)

MLS Listing ID OC24145967

Condo Fees $750

HOA Fees $750/mo

Year Built 1963

Lot Size 2,199 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Zoning LBR2N

Interior

Flooring Carpet,Laminate

Laundry Common Area

Exterior

Parking Features Assigned,Direct Access,Garage

Garage Spaces 4.0

Garage Description 4.0

Pool Community,Association

Community Features Sidewalks,Pool

Amenities Available Clubhouse,Pool,Spa/Hot Tub

View Y/N No

View None

Building

Lot Description Close to Clubhouse

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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