Four-Unit Residential Income
For Sale
$1,645,000
Pending
1315 Termino Avenue, Long Beach, CA 90804
Substantially renovated 2- and 3-bedroom fourplex with 2024 upgrades and newly constructed units.
Property SizeContact for details
Days on Market81
Property Features for 1315 Termino Avenue
General Information
Standard status
Pending
Property subtype
Multi Family
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1907
Year Renovated
2024
Listing Agency:
Morgan Skenderian
(949) 251-8800
Listed By:
Damien Breaux · License #01460301
(949) 584-0503
Source:
Exitrealty
Added: Jun 17
Changed: Aug 31
Last Checked: Aug 30 at 1:50PM
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 Morgan Skenderian
Investment Insights
Based on property information with market context.
1315 Termino Avenue presents a four-unit multifamily property that was originally constructed as a duplex and redeveloped in 2024. The renovation included a complete refresh of the existing units down to the studs, and the property was expanded with two newly constructed units to create a total of four residences. All units feature spacious 2- and 3-bedroom floorplans and were finished with contemporary, higher-end finishes and quality craftsmanship throughout.
The property is located in the city of Long Beach. The 2024 transformation makes this asset a turn-key residential offering with both renovated and newly built components in place, designed to reduce near-term capital expenditure concerns associated with older construction.
For investors or owner-operators seeking a smaller income property, the unit mix supports tenants looking for larger floorplans with updated living spaces. The combination of substantially renovated interiors and added units provides a straightforward path to operating a modernized fourplex. With its residential focus and refreshed construction completed in 2024, 1315 Termino Avenue is well-suited for buyers interested in maintaining an upgraded, cohesive rental product within a centrally located coastal-adjacent area of Long Beach.
The property is located in the city of Long Beach. The 2024 transformation makes this asset a turn-key residential offering with both renovated and newly built components in place, designed to reduce near-term capital expenditure concerns associated with older construction.
For investors or owner-operators seeking a smaller income property, the unit mix supports tenants looking for larger floorplans with updated living spaces. The combination of substantially renovated interiors and added units provides a straightforward path to operating a modernized fourplex. With its residential focus and refreshed construction completed in 2024, 1315 Termino Avenue is well-suited for buyers interested in maintaining an upgraded, cohesive rental product within a centrally located coastal-adjacent area of Long Beach.
Key Highlights
- Four‑unit multifamily property built in 1907, originally constructed as a duplex
- Substantially renovated/redeveloped in 2024 with existing units renovated down to the studs
- 2024 redevelopment included the addition of two newly constructed units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,602
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Substantially renovated 2- and 3-bedroom fourplex with 2024 upgrades and newly constructed units.
Where is this quadplex located?
The property is located at 1315 Termino Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,645,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1907, originally constructed as a duplex; Substantially renovated/redeveloped in 2024 with existing units renovated down to the studs; 2024 redevelopment included the addition of two newly constructed units
