924 Termino Avenue, Long Beach, CA 90804
List Price: $2.19M
Listing Status: ActiveUnderContract
0Days on Market: 100
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1950
Lot Size: 7,661 sq ft
Garage Spaces: 6
Private Pool: Yes
MLS Number: PW26102358
About This Property
Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages. A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential. Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.
Listing provided by: Rick Applebaum DRE #01273871 949-251-8800 rma@morganskenderian.com, Morgan Skenderian
Source: CRMLS, MLS #: PW26102358
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.