Back

1 of 16

2 of 16

3 of 16

4 of 16

5 of 16

6 of 16

7 of 16

8 of 16

9 of 16

10 of 16

11 of 16

12 of 16

13 of 16

14 of 16

15 of 16

16 of 16

924 Termino Ave
Long Beach, CA 90804 Eastside Long Beach

$2,195,000 USD

Apartments For Sale • 3,400 SF

Property Details

Property Type Apartments
Total Building Size 3,400 SF
Lot Size 0.18 AC
Building Class C
Year Built 1950
Cap Rate 6.52 %
Zoning R3S

40 Transit Score

70 Walk Score

                
                    Highlights
                
                                100% Single-Story Units
                            
                                6.5% Cap Rate on Current Rents with Upside
                            
                                Permitted Storage Room with Bathroom (Possible ADU Conversion)
                            
                                2 of 8 Units Fully Renovated
                            
                                Copper Plumbing, Updated Electrical Systems and New Electrical Panels
                            
                                Located 2 Miles West of Cal State Long Beach

Financial Summary (Actual)

Net Operating Income: $143,214 USD (2025)

Cap Rate:	6.52 %
Total Expenses:	$51,093 USD

Amenities

Courtyard
Laundry Facilities
Microwave
Storage Space
Heating
Ceiling Fans
Stainless Steel Appliances

Public Transportation

Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	9 min	-	4.9 mi
John Wayne/Orange County	26 min	-	19.0 mi
Los Angeles International	33 min	-	23.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Rick Applebaum 949-500-5099 Morgan-Skenderian Investment Real Estate Group

924 Termino Ave Long Beach, CA 90804 Eastside Long Beach