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Sold on 04/07/2025
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1102 Termino Ave, Long Beach, CA 90804

$1,850,000

Last sold 04/07/2025 after 370 Days

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    bed

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    bath

Multi-family not for sale

About 1102 Termino Ave

Property type Multi-family
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 5,597 Sqft
Parking 4 garage spaces
Rental estimate
Property 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 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.
Listed by
Listing Agent - Kevin King
Listing Agent Contact: Kking@marcusmillichap.com
Listing Office - Marcus & Millichap
Source: CRMLS mls logo
MLS#PW24065141 • last updated 1 year ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.1285
Lot Size (SqFt) 5597
Year Built 1923
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 4937
# Parking Spaces 4
# Garage Spaces 4
Lot Description 6-10 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Biking, Curbs, Sidewalks
Neighborhood Greenbelt Heights
Zoning LBR2N
Directions Corner Of 11th St & Termino Ave
APN 7254005014
Multifamily Details
Expense: Trash 2700
Operating Expense 48501
Expense: Insurance 6000
Total Expenses 48501
Expense: Maintenance 2400
Expense: Water/ Sewer 2700
Gross Income 148553
Gross Scheduled Income 151716
Expense: Gardener 900
Rental est.: $1,392/month
Gross rent multiplier: 110.8
  • Apr 2025
    mls logo MLS # PW24065141
  • Apr 7, 2025 Sold
    $1,850,000
  • Apr 3, 2025 Pending
    —
  • Sep 26, 2024 Price Change
    $1,995,000 (-5.0%)
  • Sep 19, 2024 Listed
    —
  • Jun 18, 2024 Pending
    —
  • Apr 2, 2024 Listed
    $2,100,000
  • Apr 2025
    Public Records
  • Apr 7, 2025 Sold
    $1,850,000 (-7.3%)
  • Year Property taxes Tax assessment
  • 2024
    $20,397 +1.7%
    $1,534,474
  • 2023
    $20,048 +6.5%
    $1,534,474 +4.04%
  • 2022
    $18,824 +2.1%
    $1,474,909 +2.0%
  • 2021
    $18,432 +10.0%
    $1,446,000 +11.15%
  • 2020
    $16,753
    $1,300,980
  • 1102 Termino Ave
    $1.85M
  • Recreation Park
    —
  • 90804
    $449K -7% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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