1315 Termino Avenue Long Beach, CA $ 1,795,000
1315 Termino Avenue
$ 1,795,000
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1315 Termino Avenue

Long Beach, CA, 90804
$ 1,795,000
Baths2.0 Sq 3,608

Monthly Estimate*

$ 11,052

Listed by Morgan Skenderian
1315 Termino Avenue, Long Beach, CA 90804 - Image 1
1315 Termino Avenue, Long Beach, CA 90804 - Image 2
1315 Termino Avenue, Long Beach, CA 90804 - Image 3
1315 Termino Avenue, Long Beach, CA 90804 - Image 4
1315 Termino Avenue, Long Beach, CA 90804 - Image 5
1315 Termino Avenue, Long Beach, CA 90804 - Image 6
Studio

Multi-Family Home for sale in Long Beach, CA

for $1,795,000 with 2 full baths. This 3,608 square foot home was built in 1907 on a lot size of 0.1436.

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 a rare opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. With its desirable unit mix, modern finishes, and strong underlying rental demand for larger floorplans, 1315 Termino Avenue is well-positioned to attract long-term tenants seeking upgraded housing accommodations within a centrally located coastal-adjacent neighborhood. The property represents a compelling opportunity to acquire a high-quality multifamily asset in one of Southern California’s most active and evolving rental markets.

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Multi-Family Active

Price

$ 1,795,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1436

Year Built

1907

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW26133542

Days on Market

2

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1907
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 0
Community Features Gutter(s) Sidewalks
County Los Angeles
Net Operating Income 94331
Operating Expense 36909
Insurance Expense 5427
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 4059
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North of Anaheim St and East of Redondo Ave
City Long Beach
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6254
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 735
Water Sewer Expense 735
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 18
Total Actual Rent 11275
Property Sub Type Additional Quadruplex
Taxes 23653
Cap Rate 5.3
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 2
Lot Size Area 6254
Number of Buildings 2
Building Area Total 3608
Lot Size Acres 0.1436
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Morgan Skenderian

Broker

db@morganskenderian.com

Email

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$11,052
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Monthly Principal & Interest
$11,052
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$1,795,000 Listed Price

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1315 Termino Avenue, Long Beach, CA, 90804 is a Multi-Family Home for sale at $1,795,000 with 3,608 sqft and a lot size of 0.1436. 1315 Termino Avenue is a studio with 2.0 baths and was built in 1907. The property's zip code is 90804 which is in Long Beach, CA