Cheong Lee
This listing was posted on RealtyWW.
$4,650,000
Termino Ave Unit,long Beach, Home For Sale
Price:
$4,650,000
BR/BA:
10+ BR, 10+ BA
Location:
1108 Termino Ave Unit 10, Long Beach, CA
Description:
Discover a hidden gem in Long Beach's Eastside submarket with this exceptional 1980s building. Situated in a highly sought-after, low-vacancy area, the property presents over 18% rental upside potential. Recent improvements include remodeled units in 2021 and an upgraded 15-space parking garage. The building comprises 10 spacious two-bedroom, condo-style apartments, each featuring bright and airy interiors. Upper units offer vaulted ceilings, and all units include large balconies for added comfort. Security is enhanced with locked entrances and surveillance cameras throughout the property. The gated garage, with 15 parking spaces, also provides potential for additional income by renting out unused spaces. Other key features include a newer roof with a lifetime guarantee and seller-owned laundry machines. With tenants responsible for their own gas and electricity, operating costs remain low. Conveniently located near freeways and public transportation, this well-maintained, income-generating property offers significant growth potential. Don't miss out on this outstanding investment opportunity in a thriving Long Beach neighborhood!For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i76079416
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More About this Listing: Termino Ave Unit,long Beach, Home For Sale
Termino Ave Unit,long Beach, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale at 1108 Termino Ave Unit 10 in Long Beach CA. Find other listings like Termino Ave Unit,long Beach, Home For Sale and listings near 1108 Termino Ave Unit 10 by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale in Long Beach CA.
Termino Ave Unit,long Beach, Home For Sale is a 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale at 1108 Termino Ave Unit 10 in Long Beach CA. Find other listings like Termino Ave Unit,long Beach, Home For Sale and listings near 1108 Termino Ave Unit 10 by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale in Long Beach CA.