Listed by David Kim, WIN Realty & Properties,

1108 Termino Avenue

Long Beach, CA, 90804

$4,695,000

$462 per ft²
$4,695,000
$462 per ft²
Active
Active
 - For Sale
beds
20 Beds
baths
14 Baths
carpenters-square
10,158 ft²
property_type
Multi-family
calendar
Built 1986
GREAT INVESTMENT PROPERTY!!! This property offers 10 LARGE UNITS. ALL 2 BEDROOM condo-style apartments. These units all offer balconies and the upstairs units all have vaulted ceilings. The property was recently renovated in 2021 along with a new roof that comes with a lifetime guarantee and professionally installed new decking throughout with water drains for optimal drainage. Property has 5 storage sheds that can be rented for extra income and a 4K Ultra (8mp) security camera system throughout the entire property to provide extra safety and security for tenants. There are individual water heaters in each unit and the property is also individually metered for gas and electric which keeps operating expenses low. 15 parking spaces in a gated garage. The building is secured with locked entrances and an intercom system to allow visitors in. Lastly, there is rental upside for an investor to increase rents and cash flow even more. This is a great investment opportunity and that you will not want to miss. All buyer's to do their own due diligence regarding this property.
MLS® ID:
22187413
Listed:
8/19/22
Updated:
10/5/22

Interior Features

Kitchen Appliances
Disposal, Microwave
Total Bedrooms
20
Total Bathrooms
14
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
8,559 ft² lot

Other Property Details

Area Name
3 - Eastside, Circle Area
Garage
No
Parking
Community Structure
Parking Total
15.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LBR2N

 

Listed by David Kim, WIN Realty & Properties,

Based on information from California Regional Multiple Listing Service, Inc. as of 10/5/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 8:11 AM UTC, 10/5/22

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