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.
| MLS # | PW26133542 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1907 |
| Days On Site | 84 |
| Listing Provided By | Morgan Skenderian | Damien Breaux |
| SQ Feet | 3,608 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.14 |
| Lot Features | Rectangular Lot |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Gutters, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90804 |
| Area | 699 Not Defined |
| Listing VS Median (in 90804) | |
Price: $1,645,000 low | high Med: $1,599,999 sqft: 3,608 low | high Med: 3,658 $ / sqft: $456 low | high Med: $437 On site: 84 low | high Med: 359 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Long Beach |
| Zip Code | 90804 |
| Area | 699 Not Defined |
| Listing VS Median (in 90804) | |
Price: $1,645,000 low | high Med: $1,599,999 sqft: 3,608 low | high Med: 3,658 $ / sqft: $456 low | high Med: $437 On site: 84 low | high Med: 359 | |
![]() | $1,250,0004124 E Anaheim StreetLong Beach, CA 90804 |
![]() | $1,150,0001062 Termino AvenueLong Beach, CA 90804 |