1108 Termino Ave

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:
22-187413
Listed:
8/19/22
Updated:
10/3/22

Interior Features

Total Bedrooms
20
Total Bathrooms
14
Cooling
Central
Heating
Central

Exterior/Building Features

Lot Size
8,559 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Community Garage
Parking Total
15.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LBR2N

 

Courtesy of David Kim, WIN Realty & Properties

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ron Costa shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/3/22

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