746 Termino Ave
Long Beach, CA 90804
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Building Size | 5,219 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.34/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | R34, Long Beach | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 5,219 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | R34, Long Beach |
Amenities
Site Amenities
- Laundry Facilities
About 746 TERMINO AVE , LONG BEACH, CA 90804
Great investment opportunity for a pride of ownership building on the edge of popular Belmont Heights that offers residential living within walking distance to the ocean, beach, restaurants and shopping. This 5 unit building offers a desirable mix of: (2) large 3 bedroom units, (one with 1.5 baths and the other 3 bedroom with 1 3/4 baths), and (2) 2 bedroom, 1 bath units and (1) 2 bedroom, 1.5 bath unit. The larger 3 bedroom units and 2 bedroom, 1.5 bath unit are upstairs, all offering good size bedrooms and closets. The building offers large units with a total sq. ft. of approx. 5,200 and the bonus of 7 one car garages (all walled and separate)- 3 garages in front and 4 garages in rear alley. Community laundry room with bonus owner storage. Exterior of building was painted a little over one year ago. Upgraded copper plumbing lines in most of the building. This is an excellent opportunity to acquire a quality portfolio asset in a great location with true rental upside and stable return. Tenants are all month to month. The coastal area of Long Beach currently enjoys a high occupancy rate, offering a unique opportunity for investment in one of the more affordable and desirable coastal cities in Southern California.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 2+2 | 1 | - | - |
| 3+2 | 2 | - | - |
Property Taxes
| Parcel Number | 7254-021-006 | Improvements Assessment | $730,007 |
| Land Assessment | $1,093,645 | Total Assessment | $1,823,652 |
Property Taxes
