Pleased to present 1315 Termino Avenue, a substantially renovated and redeveloped four-unit multifamily property located in the highly desirable city of Long Beach. Originally constructed as a duplex, the property underwent a comprehensive transformation in 2024, including the complete renovation of the existing units down to the studs, along with the addition of two newly constructed units, creating a highly improved and modernized residential asset.
The property is comprised entirely of spacious 2 and 3-bedroom floorplans featuring high-end finishes, contemporary design elements, and quality craftsmanship throughout. The extensive 2024 improvements provide investors with a rare opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns.
With its desirable unit mix, modern finishes, and strong underlying rental demand for larger floorplans, 1315 Termino Avenue is well-positioned to attract long-term tenants seeking upgraded housing accommodations within a centrally located coastal-adjacent neighborhood. The property represents a compelling opportunity to acquire a high-quality multifamily asset in one of Southern California’s most active and evolving rental markets.
For sale
Listed by: Morgan Skenderian • Damien Breaux • Contact: db@morganskenderian.com
Price cut: $150K (8/4)
$1,645,000
1315 Termino Ave, Long Beach, CA 90804
9beds
7baths
3,608sqft
Quadruplex
Built in 1907
-- sqft lot
$1,602,500 Zestimate®
$456/sqft
$-- HOA
What's special
- 64 days |
- 286 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Damien Breaux DRE #01460301 db@morganskenderian.com,
Morgan Skenderian
Source: CRMLS,MLS#: PW26133542
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,608
- Total interior livable area: 3,608 sqft
Property
Parking
- Total spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 6,254 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7253010019
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Gutter(s), Sidewalks
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $456/sqft
- Tax assessed value: $844,295
- Date on market: 6/18/2026
- Cumulative days on market: 65 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Total actual rent: 11275
Estimated market value
Zestimate®
$1,602,500
Estimated sales range
$1.52M - $1.68M
Rent Zestimate®
$2,477/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Price change | $1,645,000-8.4%$456/sqft |
Source: | ||
| 6/18/2026 | Listed for sale | $1,795,000+130.1%$498/sqft |
Source: | ||
| 2/21/2025 | Listing removed | $3,450$1/sqft |
Source: CRMLS #TR24250898 Report a problem | ||
| 2/13/2025 | Price change | $3,450-1.4%$1/sqft |
Source: CRMLS #TR24250898 Report a problem | ||
| 1/31/2025 | Price change | $3,500-2.8%$1/sqft |
Source: CRMLS #TR24250898 Report a problem | ||
| 1/24/2025 | Price change | $3,600-1.4%$1/sqft |
Source: CRMLS #TR24250898 Report a problem | ||
| 12/20/2024 | Price change | $3,650-1.4%$1/sqft |
Source: CRMLS #TR24250898 Report a problem | ||
| 12/17/2024 | Listed for rent | $3,700+8.8%$1/sqft |
Source: CRMLS #TR24250898 Report a problem | ||
| 2/26/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/13/2022 | Listed for rent | $3,400$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/8/2021 | Sold | $780,000+4%$216/sqft |
Source: Public Record Report a problem | ||
| 10/28/2021 | Pending sale | $750,000$208/sqft |
Source: | ||
| 10/21/2021 | Contingent | $750,000$208/sqft |
Source: | ||
| 9/3/2021 | Listed for sale | $750,000$208/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $844,295 +2% |
| 2025 | $11,331 +4.5% | $827,741 +2% |
| 2024 | $10,845 +1.8% | $811,512 +2% |
| 2023 | $10,658 +8.9% | $795,600 +2% |
| 2022 | $9,789 +693.1% | $780,000 +1019% |
| 2021 | $1,234 +0.4% | $69,703 +1% |
| 2020 | $1,229 | $68,989 +2% |
| 2019 | $1,229 +13.3% | $67,637 +2% |
| 2018 | $1,085 | $66,312 +2% |
| 2017 | $1,085 +1.2% | $65,013 +2% |
| 2016 | $1,073 +8.6% | $63,740 +1.5% |
| 2015 | $987 +2.7% | $62,784 +2% |
| 2014 | $962 | $61,555 +2.5% |
| 2012 | -- | $60,077 +2% |
| 2011 | -- | $58,900 +0.5% |
| 2009 | -- | $58,601 +2% |
| 2008 | -- | $57,453 +4% |
| 2006 | -- | $55,224 |
| 2005 | -- | $55,224 +4% |
| 2004 | -- | $53,081 +1.9% |
| 2003 | -- | $52,109 +2% |
| 2002 | -- | $51,088 +4% |
| 2000 | -- | $49,106 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Traffic Circle
Nearby schools
GreatSchools rating
- 6/10Bryant Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Jefferson Leadership Academies SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 0.5 mi
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