1317 Termino Avenue

1317 Termino Avenue, Long Beach, CA 90804

Iconic Craftman architecture, well maintained buildings, stable tenants, great cash flow. Oversized lot in fantastic East Long Beach area, nestled among SFR and adjacent to Belmont Shore/Heights. Two 3-Unit bungalow style buildings with central court plus free standing Unit No. 7 (here when current owner purchased). Shopping and transportation at walking distance, plus minutes to Rec. park and CSULB. Residents love the quiet serene environment with lush back lawn and ocean breezes. Turnkey studio units pretty much identical with living / sleeping area and separate kitchen/dining/office. Upgrades include copper plumbing, electrical updates, permitted vent-less gas heaters in all units; new roof, like new low E/double-pane windows, tile floor, new kitchen cabinets in almost all units, and much more. Huge upside income and appreciation potential.

Features & Amenities

Interior

Laundry Room Common Area
Fireplace None
Other Interior Features Ceiling Fan(s)

Exterior

Stories 1
Water Source Public
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
POOL None
ROOF Shingle
Lot Features 6-10 Units/Acre
Parking Concrete, Electric Gate
Heat Type Wall Furnace
Air Conditioning None
Sewer Public Sewer
HOA Amenities Urban, Gated
Security Features Gated Community

Area & Lot

Status Sold
LOT SIZE 0.16 Acres
MLS® ID SB20034233
Type Multi-Family
Year Built 1923
Architecture Styles Craftsman
View Description None

Financial

SALES PRICE $1,335,000
Zoning LBR2N

Work With Guillermo

Your home is your sanctuary. Letting go of that sanctuary can be a traumatic process. Finding a new haven can be just as daunting. Guillermo understands and his goal is to find your perfect new home that will not only suit your budget, but also give you immediate peace and protection the moment you walk through the door.

Let's Connect