For Sale, USD 3,749,900
1108 Termino Ave, Long Beach CA 90804, Long Beach, California, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 10,158 ft² / 944 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Exceptional Investment Opportunity in Long Beach's Eastside Discover this rare 1980s multifamily gem in the desirable Eastside neighborhood of Long Beach, a low-vacancy area with no Rent Control. The property features 10 spacious two-bedroom, condo-style apartments with bright interiors, large balconies, and vaulted ceilings in the upper units. Several units were remodeled in 2021, adding modern upgrades that enhance appeal for tenants. The gated 15-space parking garage offers convenience and additional income potential by renting out unused spaces. A newer roof with a lifetime guarantee, seller-owned laundry machines, and locked entrances with surveillance cameras ensure both security and stability. With tenants responsible for their own gas and electricity, operating costs remain low. Ideally located near freeways and public transportation, this well-maintained, income-producing property presents a rare chance to secure strong cash flow and long-term growth in one of Long Beach's most thriving rental markets.
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1108 Termino Ave, Long Beach CA 90804, United States,California,Long Beach is a 10,158ft² Long Beach luxury Multi-Family Home listed for sale USD 3,749,900. This high end Long Beach Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Long Beach or search for luxury properties for sale in Long Beach.