1315 Termino Avenue, Long Beach, CA 90804
Los Angeles County
Key Facts
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 a rare opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. With its desirable unit mix, modern finishes, and strong underlying rental demand for larger floorplans, 1315 Termino Avenue is well-positioned to attract long-term tenants seeking upgraded housing accommodations within a centrally located coastal-adjacent neighborhood. The property represents a compelling opportunity to acquire a high-quality multifamily asset in one of Southern California’s most active and evolving rental markets.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1907
Stories
2
Living Area
3,608 sq ft
Lot Size
0.14 acres
Parking Spaces
2
Days on Market
1
MLS® Listing#
PW26133542
Property Features
Pool
Laundry
Lot Features
Community
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
7253010019
Directions
North of Anaheim St and East of Redondo Ave
Affordability Calculator
$359,000
Estimated monthly payment
$9,554/mo
Principal $1,436,000 · Est. interest $2,003,348 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Long Beach, CA
- $1,000,000
- Median Listing Price
- 55
- Median Days on Market
- 1,897
- Median Sq Ft
- $792
- Median Price / Sq Ft
- 2,463
- Active Listings
- This home’s price is 80% above the area median.
- Its price per sq ft is 37% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Long Beach, CA.
Location
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Points of Interest in Long Beach, CA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2517 Gates Avenue A, Redondo Beach, CA | $1,263,000 | 3 | 3 | 1,648 |
| 496 E 52nd Street, Long Beach, CA | $1,265,000 | 6 | 4 | 2,494 |
| 21692 Ocean Vista Drive A, Laguna Beach, CA | $1,265,000 | 2 | 1 | 903 |
| 4000 Marion Way, Long Beach, CA | $1,265,000 | 3 | 3 | 2,491 |
| 18426 Mansel, Redondo Beach, CA | $1,269,000 | 3 | 4 | 1,970 |
| 807 Tierra Alta Street, Moss Beach, CA | $1,274,000 | 3 | 2 | 1,250 |
Moving Cost Estimate
Listing Courtesy: Morgan Skenderian - db@morganskenderian.com
Presented by: Damien Breaux
Licensed in the state of California.