Movoto Real Estate
Sold on 09/30/2024
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535 Termino Ave, Long Beach, CA 90814

$1,381,000

Last sold 09/30/2024 for $1.25M

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    bed

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    bath

Multi-family not for sale

About 535 Termino Ave

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 6,310 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
What a great opportunity to own 2 homes on a lot in this trendy area of Belmont Heights in Long Beach, close to 2nd Street, Naples, the beach and Downtown. This property consists a craftsman in the front, which has 3 bedrooms, 1 bathroom, plus office/workout space and a separate laundry area with a small yard and a larger 2-story house in the back of the property, built in 1959 which has 3 bedroom, 2 bathroom and an upstairs loft and also a small yard. The houses are completely separated with a fence/hedge between the properties. The smaller craftsman has a front porch, newer flooring and is move-in ready, so it can be updated over time. The back house has some unique architectural features and the feeling of an artist's loft, such as 2-story high ceilings with lots of natural light in the main living area and the upstairs bedrooms and living space built around this extra tall downstairs living space. This house will need some TLC. This property presents a great opportunity for someone to live in smaller front craftsman home, while updating the larger back house. This will be a dream for creative types, investors & people who like to work on properties while they are already living in the property.
Listed by
Listing Agent - Lorette Murphree
Listing Agent Contact: 562-397-1735
Listing Office - So Cal Dwell
Source: CRMLS mls logo
MLS#PW24156885 • last updated 2 years ago
Movoto checked CRMLS for data 8 minutes ago
Overview
Levels/Style Craftsman
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.1449
Lot Size (SqFt) 6310
Year Built 1959
Interior
Laundry In Kitchen
Interior Features High Ceilings
Exterior
Building Area Square Feet, 3056
Parking Garage - Two Door
# Uncovered Spaces 3
# Parking Spaces 5
# Garage Spaces 2
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Biking, Curbs
Subdivision Belmont Heights (BH), Belmont Heights (BH)
Zoning LBR1N
Directions Between 4th And 5th
APN 7255017021
Multifamily Details
Expense: Trash 1400
Operating Expense 6000
Expense: Insurance 2500
Total Expenses 8500
Gross Income 84000
Gross Scheduled Income 84000
$1.38M
Range: $1.21M-$1.54M
Last 30 days 
Rental est.: $1,901/month
Gross rent multiplier: 54.8
  • Sep 2024
    mls logo MLS # PW24156885
  • Sep 30, 2024 Sold
    $1,250,000
  • Sep 17, 2024 Pending
    —
  • Sep 7, 2024 Active
    —
  • Aug 21, 2024 Price Change
    $1,365,000 (-8.3%)
  • Jul 10, 2024 Listed
    $1,489,000
  • Sep 2024
    Public Records
  • Sep 30, 2024 Sold
    $1,250,000 (-8.4%)
  • Year Property taxes Tax assessment
  • 2024
    $1,597 +1.8%
    $87,187 +2.0%
  • 2023
    $1,568 +5.2%
    $85,479 +2.0%
  • 2022
    $1,491 +3.6%
    $83,804 +2.0%
  • 2021
    $1,439 +0.4%
    $82,162 +1.04%
  • 2020
    $1,432 +11.4%
    $81,320 +2.0%
  • 2018
    $1,286 +1.1%
    $79,726 +4.04%
  • 2017
    $1,272 +9.5%
    $76,633 +2.0%
  • 2016
    $1,162 +3.3%
    $75,132
  • 2015
    $1,124
    —
  • 535 Termino Ave
    $1.25M
  • Belmont Heights
    $759K -17% y/y
  • 90814
    $570K +2% 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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