1108 Termino Avenue

Long Beach, CA 90804

  • 20 Bed(s)
  • 0 Bath(s)
  • 10,158 Sqft
  • 8561
    Sqft(Lot)
$4,300,000

Description

*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!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48323570

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Property Details

  • Bedroom Information

    • Total Bedrooms : 20

    Bathroom Information

    • Total Baths: 14
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Refrigerator
    • Flooring: Wood

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 1986
    • Building Area Total: 10,158

    Security Features

    • Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Gated Community,Key Card Entry,Smoke Detector(s)

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1965
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 8561

  • Listing Price Information

    • Original List Price: 4,300,000
    • Listing Contract Date: 2025-01-12

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 7254005032

  • Garage and Parking

    • Garage Description: Assigned,Gated,One Space
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 3 - Eastside, Circle Area
    • Directions: S of Anaheim // N of 10th
    • Zoning: LBR2N
    • Source Property Type: Residential Income
    • Area: 3 - Eastside, Circle Area

    Building and Construction

    • Property Age: 39
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 10158
    • Entry Level: 1
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 01/18/2025 @ 05:18

  • MLS: 25481099
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 20 bedrooms which is for sale, it has 10,158 sqft, 8,561 sized lot, and 15 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Long Beach , in zip code 90804, this Los Angeles County Home , it is in the Aubry at Alamitos Ridge Subdivision, are nearby neighborhoods.