1317 Termino Avenue, Long Beach, CA 90804
Commercial property · 3 recorded sales since 2013
Sold November 2020
Listing Agent: Ana Maria Nava (DRE #01421262) · Listing Office: West Shores Realty, Inc. · Contact: 310-541-8000 · Bought with: Christopher Stone · Buckingham Investments, Inc. · MLS #SB20126878 · Source: CRMLS
About this commercial property
Iconic Craftman architecture, well maintained buildings, stable tenants, great cash flow. Oversized lot in fantastic East Long Beach area, nestled among SFR and adjacent to Belmont Shore/Heights. Two 3-Unit bungalow style buildings with central court plus free standing Unit No. 7 (here when current owner purchased). Shopping and transportation at walking distance, plus minutes to Rec. park and CSULB. Residents love the quiet serene environment with lush back lawn and ocean breezes. Turnkey studio units pretty much identical with living / sleeping area and separate kitchen/dining/office. Upgrades include copper plumbing, electrical updates, permitted vent-less gas heaters in all units; new roof, like new low E/double-pane windows, tile floor, new kitchen cabinets in almost all units, and much more. Huge upside income and appreciation potential.
Listing description from the November 2020 sale, as reported to CRMLS.
Sale history
