1535 Termino Avenue

Long Beach, CA 90804

  • 0 Bed(s)
  • 0 Bath(s)
  • 3,537 Sqft
  • 2215
    Sqft(Lot)
$1,125,000

Description

Great investment opportunity! welcome to 1535 termino ave, "coronado building". the subject property consists of a 4 unit apartment building, approx. 3,537 square feet, comprised of (1) large townhouse style 2bd/2bth unit, and (3) 1bd/1bth units, and 4 single car garages. located within the "community plaza", this community apartment complex features gated entry and parking, pool, and outdoor community bbq. this community is super quiet, private and well maintained, attracting the best of tenants. built in 1963, this all electric building is separately metered and offers an investor substantial upside in income. the 3 occupied units are all eligible for the maximum rent increase of 8.9%. and the one vacant unit provides an immediate opportunity to renovate and obtain market rent. the hoa dues are $780 per month and pay for the community expenses - landscaping, pool cleaning, common area utilities, mail room, gated entrance. in addition to the 4 single car garages, additional assigned surface parking spots are available (based on availability) for tenants for an additional fee. located in a great area of long beach, just minutes from major freeways and long beach state. don't miss out on this great investment opportunity!

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47077575

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1963
    • Building Area Total: 3,537

    Pool Features

    • Association,Community

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0508
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 2215

  • Listing Price Information

    • Original List Price: 1,125,000
    • Listing Contract Date: 2024-09-30

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7253013039

  • Garage and Parking

    Homeowners Association

    • Association Fee: 780
    • AssociationFee Frequency: Monthly
    • Calculated Total Monthly Association Fees: 780

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 3 - Eastside, Circle Area
    • Directions: North on Termino, in between 15th Street and Wilton Street
    • Zoning: LBR2N
    • Source Property Type: Residential Income
    • Area: 3 - Eastside, Circle Area
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 61
    • Common Walls: 1 Common Wall
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/15/2024 @ 00:34

  • MLS: PW24202716
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 3,537 sqft, 2,215 sized lot, and 4 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 ,other Subdivision, are nearby neighborhoods.