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1315 Termino Ave
Long Beach, CA 90804 Eastside Long Beach

$1,645,000 USD

Apartments For Sale  •  3,608 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,608 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1907
  • Cap Rate 5.85 %
  • Zoning R-2-N
50 Transit Score
70 Walk Score

Highlights

Fully Repositioned 4-Unit Multifamily Property
Existing Duplex Taken Down to the Studs & Renovated in 2024
(2) Brand-New Construction Units Added in 2024
Spacious 2 & 3 Bedroom Floorplans with High-End Finishes
Turn-Key Asset with Significant Recent Capital Improvements
Strong Rental Demand for Larger Units in Long Beach

Financial Summary (Actual)

Net Operating Income: $96,239 USD (2025)
Cap Rate: 5.85 %
Total Expenses: $35,002 USD

Public Transportation

AirportDriveWalkDistance
Long Beach (Daugherty Field) 9 min - 4.2 mi
John Wayne/Orange County 26 min - 18.7 mi
Los Angeles International 33 min - 23.0 mi
Damien Breaux 949-584-0503 Morgan-Skenderian Investment Real Estate Group
Damien Breaux 949-584-0503 Morgan-Skenderian Investment Real Estate Group