1102 Termino Avenue
Long Beach, CA, 90804 $ 2,100,000
Bedrooms8 Baths2.0 Sq 5,751 Monthly Estimate*
$ 14,669
Listed by Marcus & Millichap
for $2,100,000 with 8 bedrooms and 2 full baths. This 5,751 square foot home was built in 1923 on a lot size of 0.1285.
We are pleased to present 1102 Termino Avenue located on the northeast corner of E 11th Street and Termino Avenue in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, CA. The 2-story 7-unit multi-family residential apartment building was originally built in 1923 and substantially renovated in 2019/2020. The subject pr operty consists of approximately 5,751 square feet of building area including an approximately 536 sq. ft. four car f ree standing garage structure and a yard area of approximately 1,100 sq. ft. The entire parcel totals approximately 5,597 sq. ft of land area. Tenants enjoy living in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, a short distance to The Long Beach Greenbelt, Recreation Park, including two (2) golf courses, Billie Jean King Tennis Center, Blair Field, Colorado Lagoon, Marine Stadium, local beaches, California State University of Long Beach. The subject property is conveniently near the popular retail, entertainment, and dining district of Belmont Shore’s 2nd Street that offers more than 250 unique upscale boutiques, specialty shops, and a myriad of coffee shops, cafes, casual dining taverns, and eclectic international specialty restaurants. Other districts nearby the property include the East Village Arts District, 4th Street Retro Row and the Zafferia commercial corridor. Also close to the property is the Downtown Long Beach Business District which provides unique destinations, both historic and new, that attract over six million visitors annually. One of the city’s most revered attractions, The Queen Mary, arrived in Long Beach in 1967 and has since impressed millions of visitors with its art deco interiors and glimpses into a bygone era. The Aquarium of the Pacific, on the other hand, provides an intimate look into the future of marine biology and sustainability. Hotels, restaurants, and other tourist-oriented venues including Shoreline Village, The Pike and Rainbow Harbor Waterf ront surround the juggernaut that is the Long Beach Convention and Entertainment.
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FeaturesGeneralSewer PublicSewer
Zoning LBR2N
Garage Spaces 4.0
Pool Features None
Year Built 1923
Property SubType Apartment
Gross Income 142344.0
Community Features Biking Curbs Sidewalks
County Los Angeles
Net Operating Income 98912.0
Operating Expense 43432.0
Insurance Expense 5200.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Corner of 11th St & Termino Ave
City Long Beach
Entry Location main
View Y/N N
Senior Community Y/N N
Total Units 7
MLS Area 699 - Not Defined
Lot Size Square Feet 5597.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Termino
Listing Terms Cash CashtoNewLoan Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 2700.0
Water Sewer Expense 2700.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 80
Property Sub Type Additional Apartment
Taxes 27932.0
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ExteriorLot Features Item610UnitsAcre
Water Source Public
Total Parking 4.0
Lot Size Area 5597.0
Number of Buildings 1
Spa N
Building Area Total 5751.0
Lot Size Acres 0.1285
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorTotal Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $14,669
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% 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.
Learn more about how to save NearbyMulti-family listings in Long Beach, CA
Average List Price $2,090,646
Percent of Sale Price 0%
About Long Beach, CA 470,090 Population
2% Since 2002
$ 57,916 Median Income
35.78 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/3/2024 | $2,100,000 | | Listed Price |