$1,495,000

1315 Termino Avenue

Long Beach, CA 90804

Listed by Damien Breaux CA DRE# 01460301 with Morgan Skenderian (db@morganskenderian.com)

Property Details

Lot Size: 6,254 sqft
Year Built: 1907
Property Type: Quadruplex
Garage: 0
HOA: $0
Days on Market: 109
MLS #: PW26133542

About This Property

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.