Long Beach, CA 90804 1102 Termino Avenue

1102 Termino Avenue Long Beach, Ca - Image 11102 Termino Avenue Long Beach, Ca - Image 21102 Termino Avenue Long Beach, Ca - Image 3
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1102 Termino Avenue Long Beach, Ca - Image 4
Presented By: Kevin King with Marcus & Millichap; kking@marcusmillichap.com
  • MLS# PW24065141
  • 04/02/2024
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  • BedBeds • 8
  • BathBaths • 2
  • FootageSQFT • 5,751
  • GarageGarage • 4

Home Details

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.
Presented By: Kevin King with Marcus & Millichap; kking@marcusmillichap.com

Interior Features for 1102 Termino Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 1102 Termino Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesBiking, Curbs, Sidewalks
CountyLos Angeles
Days on Market
DirectionsCorner of 11th St & Termino Ave
Entry Locationmain
Garage Spaces4.0
Garage Y/NYes
Gross Income142344.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense5200.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Item1031Exchange
Lot Size Square Feet5597.0
MLS Area699 - Not Defined
MaintenanceExpense4000.0
MobileHomeRemainsYNNo
Net Operating Income98912.0
New ConstructionNo
Operating Expense43432.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameTermino
Tax Lot80
Taxes$27,932
Total Units7
Trash Expense2700.0
View Y/NNo
Water Sewer Expense2700.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningLBR2N

Exterior for 1102 Termino Avenue

Building Area Total5751.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.1285
Lot Size Area5597.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,100,000
MLS#PW24065141
List Date 04/02/2024
Property Type Multi-Family
Phone 714.964.3311
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