$4,300,000
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1108 Termino Avenue Long Beach, CA 90804
Cluster
Residence
20
Beds
14
Baths
...
Bed/Bath
10,158
Sq. Ft.
Property Activity
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*No Rent Control* Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area without Rent Control. Recent improvements include remodeled units in 2021 and an upgraded 15-space parking garage. The building compris...es 10 spacious two-bedroom, condo-style apartments, each featuring bright and airy interiors. Upper units offer vaulted ceilings, and all units include large balconies for added comfort. Security is enhanced with locked entrances and surveillance cameras throughout the property. The gated garage, with 15 parking spaces, also provides potential for additional income by renting out unused spaces. Other key features include a newer roof with a lifetime guarantee and seller-owned laundry machines. With tenants responsible for their own gas and electricity, operating costs remain low. Conveniently located near freeways and public transportation, this well-maintained, income-generating property offers significant growth potential. Don't miss out on this outstanding investment opportunity in a thriving Long Beach neighborhood!
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MLS#
25481099
Property Type
Cluster
Bedrooms
20
Bathrooms
Year Built
1986
Square Feet
10,158
sq. ft
Lot Size
0.2
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