Long Beach, CA 90804,1108 Termino Avenue
Long Beach, CA 90804,1108 Termino Avenue
Long Beach, CA 90804,1108 Termino Avenue
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$4,300,000
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10,158 SqFt
Active

1108 Termino Avenue Long Beach, CA 90804

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UPDATED:

03/11/2025 06:40 PM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,158 sqft

Price per Sqft $423

MLS Listing ID CL25481099

HOA Y/N No

Year Built 1986

Lot Size 8,561 Sqft

Acres 0.2

Property Sub-Type Other

Property Description

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!

Location

State CA

County Los Angeles

Zoning LBR2

Interior

Heating Other

Cooling Central Air

Flooring Wood

Fireplace No

Building

New Construction No

Others

Tax ID 7254005032


Bridge MLS
Listed by Cheong Lee • Keller Williams Coastal Prop.

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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1108 Termino Avenue