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Backup Offers

1535 Termino Ave, Long Beach, CA, 90804

$1,125,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1535 Termino Ave, Long Beach$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage4 spaces
Year Built1963
MLS #PW24202716
Lot Size0.05 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1535 Termino Ave

Great investment opportunity! Welcome to 1535 Termino Ave, "Coronado Building". The subject property consists of a 4 unit apartment building, approx. 3,537 square feet, comprised of (1) large townhouse style 2bd/2bth unit, and (3) 1bd/1bth units, and 4 single car garages. Located within the "Community Plaza", this community apartment complex features gated entry and parking, Pool, and outdoor community bbq. This community is super quiet, private and well maintained, attracting the best of tenants. Built in 1963, this all electric building is separately metered and offers an investor substantial upside in income. The 3 occupied units are all eligible for the maximum rent increase of 8.9%. And the one vacant unit provides an immediate opportunity to renovate and obtain market rent. The HOA dues are $780 per month and pay for the community expenses - landscaping, pool cleaning, common area utilities, mail room, gated entrance. In addition to the 4 single car garages, additional assigned surface parking spots are available (based on availability) for tenants for an additional fee. Located in a great area of Long Beach, just minutes from major freeways and Long Beach State. Don't miss out on this great investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2

Listing Office:

  • Office Name: Pabst, Kinney & Associates
  • Office Phone: (562) 884-6875
  • Listing Agent: Spencer Pabst

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Greenbelt, Landscaped, Paved
  • Lot Size: 0.05 Acres

Other

Directions Information:

  • Directions: North on Termino, in between 15th Street and Wilton Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000

HOA Fees:

  • Amount: $780
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Long Beach, CA.

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Long Beach, CA

City

Med. Sold Price

$824.6K

Med. Price/SqFt

$633

Avg. Days On Market

34

# of Sold Homes

212

1535 Termino Ave vs Long Beach

40 DAYS ON ROCKET

+6 Days

$1,125,000

+$300.3K More

KEY TAKEAWAY

This property is $300.3K more than the Median Sold Price in Long Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24202716

Listing Office:

  • Office Name: Pabst, Kinney & Associates
  • Office Phone: (562) 884-6875
  • Listing Agent: Spencer Pabst

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/10/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2021Home Sold
$902,500
Aug 22, 2014Home Sold
$800,000
Nov 25, 2013Home Sold
$820,000
Jun 21, 1999Home Sold
$245,000
Jul 01, 1994Home Sold
$305,000

History based on county public records data.

Payment Calculator

$6,462

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-816211
7
/10

  • Bryant Elementary School

  • 4101 E Fountain St

  • 0.22 miles

  • Public District Grades KG-5

school-card-donut-816212
6
/10

  • Nieto Herrera Elementary School

  • 1620 Temple Ave

  • 0.67 miles

  • Public District Grades KG-5

school-card-donut-816213
5
/10

  • Willard Elementary School

  • 1055 Freeman Ave

  • 0.71 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,037. Typical income of Long Beach, CA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Long Beach›90804›1535 Termino Ave

This home is located at 1535 Termino Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. This home, which was built in 1963, sits on a 0.05 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,125,000.

In October 2024, from all listings sold in Long Beach, CA there were more than 94 sold above asking price, over 83 sold below and more than 35 were sold right at the asked price. The number of homes for sale in Long Beach, CA decreased by 0.1% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $824,667.

From Rocket Homes Real Estate and based on county public records data.

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