$1,050,000
$1,050,000
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1031 Termino Avenue Long Beach, CA 90804
3 Beds
4,071 Sqft Lot
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Eastside (Es)
MLS Listing ID DW25193780
Bedrooms 3
Lot Size 4,071 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exquisite 1929 Spanish gem on an R-3-S lot in the heart of Long Beach, this home combines timeless character with reliable cash flow. Distinctive details include a dramatic arched front window, soaring coved ceilings, arched doorways, hardwood floors, and vintage fixtures, balanced by thoughtful updates such as minisplits in every bedroom (2023), a new patio cover (2023), tankless water heater (2021), a recently replaced roof, retrofitted foundation, and terracotta kitchen flooring. The flexible floor plan functions as a full 3 bed / 2 bath home or separates into a 2 bed / 1 bath plus a private 1 bed / 1 bath suite with its own entrance, fireplace, remodeled bath, and kitchenette-ready space. Currently operating as a furnished mid-term rental generating $7,750/month, the property also offers a long driveway with parking for 4+ vehicles and a garage with excellent ADU potential. Furniture is negotiable, providing a turnkey option for investors. Located just blocks from the beach, top schools, and the shops and dining of Second Street, this is a rare opportunity to secure immediate income and long-term upside in one of Long Beachs most desirable neighborhoods.
Location
State CA
County Los Angeles
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
View Y/N No
Building
Story 1
Read Less
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Bought with NON LISTED OFFICE
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