Long Beach, CA 90804,1108 Termino
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Listed by Lily Nguyen • Berkshire Hathaway HomeService
$ 4,295,000
Est. payment /mo
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Active

1108 Termino Long Beach, CA 90804

8,561 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25281662

Year Built 1986

Lot Size 8,561 Sqft

Source California Regional MLS

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.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Laundry Laundry Area, Community Facility

Exterior

Garage Spaces 15.0

Pool None

Building

Story Three or More Stories

Water District - Public

Others

Tax ID 7254005032

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Lowell Bayside Academy

    Public | KG - 5

  • 10

    Naples Bayside Academy

    Public | KG - 5

  • 10

    Kettering Elementary School

    Public | KG - 5

  • 9

    Fremont Elementary School

    Public | KG - 5

  • 9

    Carver Elementary School

    Public | KG - 5

  • 9

    Gant Elementary School

    Public | KG - 5

  • 9

    Prisk Elementary School

    Public | KG - 5

  • 9

    Patrick Henry Elementary School

    Public | KG - 5

  • 9

    Tincher Preparatory School

    Public | KG - 8

  • 8

    Signal Hill Elementary School

    Public | KG - 5

  • 8

    Alvarado Elementary School

    Public | KG - 5

  • 8

    Bixby Elementary School

    Public | KG - 5

  • 8

    Emerson Parkside Academy

    Public | KG - 5

  • 8

    Cubberley K - 8 School

    Public | KG - 8

  • 7

    Robert Louis Stevenson Elementary School

    Public | KG - 5

  • 7

    Lincoln Elementary School

    Public | KG - 5

  • 6

    Roosevelt Elementary School

    Public | KG - 5

  • 6

    Mann Elementary School

    Public | KG - 5

  • 6

    Bryant Elementary School

    Public | KG - 5

  • 6

    Burcham Elementary School

    Public | KG - 5

Middle Schools 10
  • 9

    Intellectual Virtues Academy of Long Beach

    Public | 6 - 8

  • 8

    Rogers Middle School

    Public | 6 - 8

  • 8

    Stanford Middle School

    Public | 6 - 8

  • 8

    Marshall Academy of the Arts

    Public | 6 - 8

  • 6

    Franklin Classical Middle School

    Public | 6 - 8

  • 6

    Jessie E. Nelson Academy

    Public | 6 - 8

  • 5

    Jefferson Leadership Academies

    Public | 6 - 8

  • 0

    Zinsmeyer Academy

    Private | 8 - 12

  • 0

    Select Community Day (Secondary)

    Public | 7 - 12

  • 0

    Hill Classical Middle School

    Public | 6 - 8

High Schools 7
  • 7

    Renaissance High School for the Arts

    Public | 9 - 12

  • 7

    Wilson High School

    Public | 9 - 12

  • 6

    Polytechnic High School

    Public | 9 - 12

  • 6

    Millikan High School

    Public | 9 - 12

  • 1

    Beach High-Intensive Learning Program

    Public | 9 - 12

  • 0

    St Anthony High School

    Private | 9 - 12

  • 0

    Long Beach Unified School District Regional Occupational Program

    Public | 10 - 12

School and business data provided by Attom Data.

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1108 Termino