1102 Termino Avenue

Long Beach, CA 90804

$2,100,000
Price
3
Beds
7
Baths
5,751 Sq. Ft.
$365 / Sq. Ft.
5,751
Sq. Ft.
$365
per Sq. Ft.

Description

We are pleased to present 1102 Termino Avenue located on the northeast corner of E 11th Street and Termino Avenue in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, CA. The 2-story 7-unit multi-family residential apartment building was originally built in 1923 and substantially renovated in 2019/2020. The subject pr operty consists of approximately 5,751 square feet of building area including an approximately 536 sq. ft. four car f ree standing garage structure and a yard area of...We are pleased to present 1102 Termino Avenue located on the northeast corner of E 11th Street and Termino Avenue in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, CA. The 2-story 7-unit multi-family residential apartment building was originally built in 1923 and substantially renovated in 2019/2020. The subject pr operty consists of approximately 5,751 square feet of building area including an approximately 536 sq. ft. four car f ree standing garage structure and a yard area of approximately 1,100 sq. ft. The entire parcel totals approximately 5,597 sq. ft of land area. Tenants enjoy living in the Greenbelt Heights Neighborhood of the Eastside of Long Beach, a short distance to The Long Beach Greenbelt, Recreation Park, including two (2) golf courses, Billie Jean King Tennis Center, Blair Field, Colorado Lagoon, Marine Stadium, local beaches, California State University
of Long Beach. The subject property is conveniently near the popular retail, entertainment, and dining district of Belmont Shore’s 2nd Street that offers more than 250 unique upscale boutiques, specialty shops, and a myriad of coffee shops, cafes, casual dining taverns, and eclectic international specialty restaurants. Other districts nearby the property include the East Village Arts District, 4th Street Retro Row and the Zafferia commercial
corridor. Also close to the property is the Downtown Long Beach Business District which provides unique destinations, both historic and new, that attract over six million visitors annually. One of the city’s most revered attractions, The Queen Mary, arrived in Long Beach in 1967 and has since impressed millions of visitors with its art deco interiors and glimpses into a bygone era. The Aquarium of the Pacific, on the other hand, provides an intimate look into the future of marine biology and sustainability. Hotels, restaurants, and other tourist-oriented venues including Shoreline Village, The Pike and Rainbow Harbor Waterf ront surround the juggernaut that is the Long Beach Convention and Entertainment.
  1. Listed by Kevin King • DRE #01158184 • Brokerage DRE #00530854 • Marcus & Millichap • kking@marcusmillichap.com

Property Details for 1102 Termino Avenue

Parking Spaces Total
4
Private Pool
No
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5751
Assessor Parcel Number
7254-005-014
Property Attached YN
true

Location

Listing Courtesy of Marcus & Millichap, Kevin King, DRE #01158184
Add your commute
LISTING UPDATED: 04/02/2024 08:25 AM

Property Details for 1102 Termino Avenue

StatusActive
MLS #PW24065141
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Kevin King, DRE #01158184
Add your commute

Building Information for 1102 Termino Avenue

Building/Complex1102 Termino AveFloor-Stories2Residences-Pet Policy-Year Built1923Building Size-

Payment Calculator

$13,132 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$1,671

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1102 Termino Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $142,344
  • Gross Scheduled Income: $148,200
  • Net Operating Income: $98,912
Expense Details
  • Operating Expense: $43,432
  • New Taxes Expense: $27,932
  • Gardener Expense: $900
  • Insurance Expense: $5,200
  • Maintenance Expense: $4,000
  • Professional Management Expense: $0
  • Trash Expense: $2,700
  • Water Sewer Expense: $2,700
  • Total Expenses: $43,432
Tax / Assessment Info
  • Tax Tract Number: 57700
  • Tax Census Tract: 5770.00
  • CFD/Mello-Roos Fee: $1,329
  • Tax Lot: 80
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: main
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $10,200
  • Unit Type Total Rent: $10,200
  • Unit Type Pro Forma: 10700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $2,150
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 1102 Termino Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1102 Termino Avenue

Taxable ValueLand$956,939Additions$547,458Total$1,504,397
Tax Record2023$20,048 ($1,671 / month)
Home Facts
Total Finished SqFt5,071 SqFtAbove Grade Finished SqFt5,071 SqFtLot Size5,597 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLBR2NCountyLOS ANGELESAPN7254-005-014

Schools near 1102 Termino Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bryant Elementary School
PublicK to 5

Jefferson Leadership Academies School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1102 Termino Avenue is a multi-family home for sale in Long Beach, CA 90804. This property was listed for sale on April 2, 2024 by Marcus & Millichap, it's currently listed at $2,100,000. This listing's school district is Long Beach Unified School District. Nearby schools include Bryant Elementary School, Jefferson Leadership Academies School and Wilson High School. 1102 Termino Avenue is a 3-bed, 7-bath, 5,751 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Kevin King, DRE #01158184

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.