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Closed
- Listed price
- $1,175,000
- Listed Oct 24, 2018
- Sold price
- $1,050,000
- Sold Apr 5, 2019
7,230 sqft lot|1963 Built|134 MLS days on market
1880 Termino Ave, Long Beach, CA 90815
Property Description
We are pleased to present a 4-unit apartment building located in Long Beach,California. Built in 1963, the subject property consists of 4,389 rentable square feet spread throughout a 7,229 square foot lot. The unit mix consists of two 1-bedroom / 1-bathroom units, one 2-bedroom / 1-bathroom unit and one 3-bedroom / 2-bathroom unit.. Tenants enjoy a sparkling pool and yard area. Located by the traffic circle, tenants have convenient access to freeways as well as many shops and restaurants. The property features onsite parking & income producing laundry room for tenants’ convenience. It is separately metered for gas and electricity. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was recently completed and opened in September 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a great location with true rental upside and stable return.
Listing agent: Kevin KingDRE #01158184kking@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 10/31/2026, 12:08:24 AM PT
Source: CRMLSMLS #: PW18257321
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,050,000
Apr 5, 2019
Available records32018–2019
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90815 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90815 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.