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Pending

$1,495,000

6,255 sqft$239/sqft143 days on market

1315 Termino Avenue

Long Beach, CA 90804

· 8% down, 7% APR, 30yr fixed

—

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.

Listing agent (MLS): Damien Breaux · Listing brokerage (MLS): Morgan Skenderian

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of Morgan Skenderian