1031 Termino Avenue Open House

Long Beach,CA 90804

$ 1050000

3 Beds

2 Baths

0 SqFt


OPEN HOUSE

Sun Sep 07, 1:00pm - 4:00pm  Sat Sep 06, 1:00pm - 4:00pm 

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID DW25193780

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Description

Exquisite 1929 Spanish gem on an R-3-S lot in the heart of Long Beach, this home combines timeless character with reliable cash flow. Distinctive details include a dramatic arched front window, soaring coved ceilings, arched doorways, hardwood floors, and vintage fixtures, balanced by thoughtful updates such as minisplits in every bedroom (2023), a new patio cover (2023), tankless water heater (2021), a recently replaced roof, retrofitted foundation, and terracotta kitchen flooring. The flexible floor plan functions as a full 3 bed / 2 bath home or separates into a 2 bed / 1 bath plus a private 1 bed / 1 bath suite with its own entrance, fireplace, remodeled bath, and kitchenette-ready space. Currently operating as a furnished mid-term rental generating $7,750/month, the property also offers a long driveway with parking for 4+ vehicles and a garage with excellent ADU potential. Furniture is negotiable, providing a turnkey option for investors. Located just blocks from the beach, top schools, and the shops and dining of Second Street, this is a rare opportunity to secure immediate income and long-term upside in one of Long Beachs most desirable neighborhoods.

Location

State CA

County Los Angeles

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

View Y/N No

Building

Story 1

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