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Multifamily Property with Detached Cottage
For Sale
$1,150,000

1062 Termino Avenue Long, Long Beach, CA 90804

Three-unit main building complemented by a separate cottage, private yard, laundry, and mixed surface and garage parking.

Property SizeContact for details
Days on Market134

Property Features for 1062 Termino Avenue Long

General Information

Standard status Active
Property subtype Apartment

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/2BA, 1 x 2BR/1BA
Multifamily Units 4

Amenities

private yard
security doors
on-site laundry

Building Details

Year Built 1957
Buildings 2
Stories 2
Listing Agency: Marcus & Millichap RE Invest
Listed By: Tyler Leeson · License #01451551
Source: Kw
Added: Apr 25 Changed: Sep 4 Last Checked: Sep 4 at 4:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap RE Invest

Investment Insights

Based on property information with market context.

Built in 1957, the property includes a three-unit residential building with two one-bedroom, one-bath residences and one two-bedroom, two-bath residence. A detached cottage adds a two-bedroom, one-bath layout. The improvements also include on-site laundry, security doors, and a private yard.

Parking is provided through a combination of surface spaces and garage parking. The configuration brings multiple residential units and a separate cottage together on one property, with varied unit layouts suitable for a multifamily ownership strategy.

Key Highlights

  • Three‑unit main building with two 1‑bed/1‑bath units and one 2‑bed/2‑bath unit
  • Detached 2‑bed/1‑bath cottage
  • Built in 1957

Property Analytics

Current Use

LOCATION Telecommunications Service

Suggested Use

Top Pick Parking Lot & Garage Travel Agency Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,302
Businesses Nearby

Demographics for 90804, CA

39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three-unit main building complemented by a separate cottage, private yard, laundry, and mixed surface and garage parking.
Where is this multifamily property located?
The property is located at 1062 Termino Avenue Long Long Beach, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three‑unit main building with two 1‑bed/1‑bath units and one 2‑bed/2‑bath unit; Detached 2‑bed/1‑bath cottage; Built in 1957
More about this property
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