746 Termino Avenue
Long Beach, CA 90804
- – beds
- – baths
- – sqft
- 5,654 sqft lot
- 1965 build
- – on site
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Great investment opportunity for a pride of ownership building on the edge of popular Belmont Heights that offers residential living within walking distance to the ocean, beach, restaurants and shopping. This 5 unit building offers a desirable mix of: (2) large 3 bedroom units, (one with 1.5 baths and the other 3 bedroom with 1 3/4 baths), and (2) 2 bedroom, 1 bath units and (1) 2 bedroom, 1.5 bath unit. The larger 3 bedroom units and 2 bedroom, 1.5 bath unit are upstairs, all offering good size bedrooms and closets. The building offers large units with a total sq. ft. of approx. 5,200 and the bonus of 7 one car garages (all walled and separate)- 3 garages in front and 4 garages in rear alley. Community laundry room with bonus owner storage. Exterior of building was painted a little over one year ago. Upgraded copper plumbing lines in most of the building. This is an excellent opportunity to acquire a quality portfolio asset in a great location with true rental upside and stable return. Tenants are all month to month. The coastal area of Long Beach currently enjoys high occupancy rate, offering a unique opportunity for investment in one of the more affordable and desirable coastal cities in Southern California.
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Last updated Apr 28, 2024
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MLS# PW19030133 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/19/19
Dec 19, 2019
|
Sold | CRMLS_CA | $1,667,500 | -4.7% |
|
11/1/19
Nov 1, 2019
|
Pending | CRMLS_CA | $1,750,000 | |
|
10/12/19
Oct 12, 2019
|
Sold Subject To Contingencies | CRMLS_CA | $1,750,000 |