Long Beach homes
Under contract136 days on market
$1,495,000

1315 Termino Avenue, Long Beach, CA 90804

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Beds
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Baths
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Sq ft

About this home

Pleased to present 1315 Termino Avenue, a substantially renovated and redeveloped four-unit multifamily property located in the highly desirable city of Long Beach. Originally constructed as a duplex, the property underwent a comprehensive transformation in 2024, including the complete renovation of the existing units down to the studs, along with the addition of two newly constructed units, creating a highly improved and modernized residential asset. The property is comprised entirely of spacious 2 and 3-bedroom floorplans featuring high-end finishes, contemporary design elements, and quality craftsmanship throughout. The extensive 2024 improvements provide investors with the opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. Offered at a 6.6% CAP Rate on current, in-place rents this is the rare combination of cash flow and pristine condition.

Type
Quadruplex
Year built
1907
Lot
6,254 sq ft
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$9,428/mo
  • Principal & interest$7,560
  • Property tax (est.)$1,433
  • Home insurance (est.)$436

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Damien Breaux, Morgan Skenderian, db@morganskenderian.com. MLS# PW26133542. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:00 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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