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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,795,000

Est. payment - /mo

6,255 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26133542

HOA Y/N No

Year Built 1907

Lot Size 6,255 Sqft

Property Sub-Type Quadruplex

Property Description

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 a rare opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns.

With its desirable unit mix, modern finishes, and strong underlying rental demand for larger floorplans, 1315 Termino Avenue is well-positioned to attract long-term tenants seeking upgraded housing accommodations within a centrally located coastal-adjacent neighborhood. The property represents a compelling opportunity to acquire a high-quality multifamily asset in one of Southern California's most active and evolving rental markets.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Gutter(s), Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7253010019

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Damien Breaux Morgan Skenderian db@morganskenderian.com, DRE #01460301

NEARBY SCHOOL & BUSINESS

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1315 Termino AVE Long Beach, CA 90804