$1,595,000

Multi Family In Long Beach

  • 9 Beds
  • 7 Baths
  • 6,256 Sqft lot
  • Updated: September 23
  • Source:
    San Diego MLS  MLS#PW26133542

About the 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 constr
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 6.1% CAP Rate on current, in-place rents this is the rare combination of cash flow and pristine condition. 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 6.1% CAP Rate on current, in-place rents this is the rare combination of cash flow and pristine condition.
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  • Property type

    Other

  • Floors

    2

Features

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1315 Termino Avenue, Signal Hill, California, United States View on Google Maps
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Morgan Skenderian - Newport Beach

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Morgan Skenderian - Newport Beach
California, United States
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22
Listings
2025
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Morgan Skenderian - Newport Beach
Newport Beach, California, United States
View agency profile
Last updated
September 23
First listed
June 23
Listing reference
PW26133542
Listing status
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