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Listed by Damien Breaux • Morgan Skenderian
$ 1,645,000
Est. payment | /mo
3,608 SqFt
$ 1,645,000
Est. payment | /mo
3,608 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,608 sqft
Price per Sqft $455
MLS Listing ID PW-26133542
Year Built 1907
Lot Size 6,254 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
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.
Location
State CA
County Los Angeles
Interior
Laundry Inside
Exterior
Pool None
Community Features Gutters, Sidewalks
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114