$1,495,000
1315 Termino Avenue
Long Beach, CA 90804
—
Beds
—
Baths
6,255
Square feet
1907
Built
Listing narrative
Description
Pleased to present 1315 Termino Avenue, a substantially renovated and redeveloped four-unit multifamily property located in the highly desirable city of Long Beach. Originally constructed as a duplex, the property underwent a comprehensive transformation in 2024, including the complete renovation of the existing units down to the studs, along with the addition of two newly constructed units, creating a highly improved and modernized residential asset. The property is comprised entirely of spacious 2 and 3-bedroom floorplans featuring high-end finishes, contemporary design elements, and quality craftsmanship throughout. The extensive 2024 improvements provide investors with the opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. Offered at a 6.6% CAP Rate on current, in-place rents this is the rare combination of cash flow and pristine condition.
Property Details
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Price
$1,495,000
Beds
Beds n/a
Type
House
Home Size
6,255 sqft
Baths
Baths n/a
Lot Size
0.14 acres
Year
1907
Status
Pending
Days on Market
143
$ / Sqft
$239
Courtesy of Morgan Skenderian





