1108 Termino

Long Beach , CA 90804

MLS#: OC25231379

$3,749,900

Status: Active
Listing number: OC25231379
Listing provided by: Berkshire Hathaway HomeService
Listing agent phone: None
Last update: 17 days ago
On site: 17 days ago
Browse Properties
NA - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1986

Sq.Footage

N/A

Exceptional Investment Opportunity in Long Beach’s Eastside Discover this rare 1980s multifamily gem in the desirable Eastside neighborhood of Long Beach, a low-vacancy area with no Rent Control. The property features 10 spacious two-bedroom, condo-style apartments with bright interiors, large balconies, and vaulted ceilings in the upper units. Several units were remodeled in 2021, adding modern upgrades that enhance appeal for tenants. The gated 15-space parking garage offers convenience and additional income potential by renting out unused spaces. A newer roof with a lifetime guarantee, seller-owned laundry machines, and locked entrances with surveillance cameras ensure both security and stability. With tenants responsible for their own gas and electricity, operating costs remain low. Ideally located near freeways and public transportation, this well-maintained, income-producing property presents a rare chance to secure strong cash flow and long-term growth in one of Long Beach’s most thriving rental markets.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    15

  • Parking

    Garage Faces Front, Garage, On Site, Garage Faces Side

  • Pool

    Yes

  • Pool Features

    None

  • View

    City Lights

Area & Lot

  • Lot Size(acres)

    0.1965

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $3,749,900

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    80

  • Water Source

    Public

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Location

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Los Angeles

Elementary School

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Listing Courtesy of Lily Nguyen , Berkshire Hathaway HomeService

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Exceptional Investment Opportunity in Long Beach’s Eastside Discover this rare 1980s multifamily gem in the desirable Eastside neighborhood of Long Beach, a low-vacancy area with no Rent Control. The property features 10 spacious two-bedroom, condo-style apartments with bright interiors, large balconies, and vaulted ceilings in the upper units. Several units were remodeled in 2021, adding modern upgrades that enhance appeal for tenants. The gated 15-space parking garage offers convenience and additional income potential by renting out unused spaces. A newer roof with a lifetime guarantee, seller-owned laundry machines, and locked entrances with surveillance cameras ensure both security and stability. With tenants responsible for their own gas and electricity, operating costs remain low. Ideally located near freeways and public transportation, this well-maintained, income-producing property presents a rare chance to secure strong cash flow and long-term growth in one of Long Beach’s most thriving rental markets.

1108 Termino

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