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Sold for $1,125,000
  • Listed by: Keller Williams Coastal Proper • Jason Dufault • Contact: 714-292-6478
    Bought with: Pabst, Kinney & Associates
    $1,125,000

    1535 Termino Ave, Long Beach, CA 90804

    5beds
    4baths
    3,570sqft
    Quadruplex
    Built in 1963
    -- sqft lot
    $1,053,900 Zestimate®
    $315/sqft
    $3,308 Estimated rent

    Home value

    $1,053,900

    $949,000 - $1.15M

    $3,308/mo

    Zestimate® history
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    What's special

    We are excited to introduce a fantastic opportunity located at 1535 Termino Ave Ave in Long Beach. This property features a 4 unit apartment building with (3) 1-Bedroom, 1-Bathroom units and (1) 2-Bedroom, 1-Bathroom Unit each around 884 sqft. Built in 1963, the building offers a total of 3,537 sqft of livable space on a spacious lot. Key features include: -Gated Community with Pool - Tenants responsible for their electricity and gas - Separate metering for each unit - Attached garages . With a potential for rental over 1.5x income upside, this presents an ideal opportunity for a value-add investor.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Dufault DRE #01844551 714-292-6478,

    Keller Williams Coastal Proper

    Bought with:

    Spencer Pabst, DRE #01849377

    Pabst, Kinney & Associates

    Source: CRMLS,MLS#: OC24145967MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Appliances
    • Included: Electric Oven, Electric Range
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Laminate
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,570
    • Total interior livable area: 3,570 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Direct Access, Garage
    • Garage spaces: 4
    Features
    • Entry location: Ground Floor
    • Pool features: Community, Association
    • Has spa: Yes
    • Spa features: Association, Community
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2,200 Square Feet
    • Features: Close to Clubhouse
    Details
    • Parcel number: 7253013040
    • Zoning: LBR2N
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Electric: Electricity - On Property
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks, Pool
    • Subdivision: Circle (Ca)
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Pool, Spa/Hot Tub
    • HOA fee: $750 monthly
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $315/sqft
    • Tax assessed value: $18
    • Date on market: 7/16/2024
    • Cumulative days on market: 101 days
    • Listing terms: Conventional
    • Tenant pays: All Utilities, Cable TV, Electricity

    Price history

    DateEventPrice
    12/4/2024Sold$1,125,000$315/sqft
    Source: CRMLS #OC24145967 Report a problem
    11/12/2024Pending sale$1,125,000$315/sqft
    Source: CRMLS #PW24202716 Report a problem
    10/12/2024Contingent$1,125,000$315/sqft
    Source: CRMLS #PW24202716 Report a problem
    10/1/2024Price change$1,125,000-13.5%$315/sqft
    Source: CRMLS #PW24202716 Report a problem
    7/16/2024Listed for sale$1,300,000+53.9%$364/sqft
    Source: CRMLS #OC24145967 Report a problem
    10/10/2019Listing removed$1,950$1/sqft
    Source: Zillow Rental Manager Report a problem
    9/23/2019Listed for rent$1,950-7.1%$1/sqft
    Source: Community Plaza Apartments Report a problem
    5/17/2018Listing removed$2,100$1/sqft
    Source: community plaza apartments Report a problem
    4/27/2018Listed for rent$2,100-6.7%$1/sqft
    Source: community plaza apartments Report a problem
    7/7/2017Listing removed$2,250$1/sqft
    Source: community plaza apartments Report a problem
    7/5/2017Listed for rent$2,250$1/sqft
    Source: community plaza apartments Report a problem
    8/4/2014Listing removed$844,900$237/sqft
    Source: Realty ONE Group, Inc. #OC14118639 Report a problem
    7/22/2014Price change$844,900-0.5%$237/sqft
    Source: Realty ONE Group, Inc. #OC14118639 Report a problem
    6/7/2014Price change$849,000-0.1%$238/sqft
    Source: Realty ONE Group, Inc. #OC14118639 Report a problem
    4/10/2014Price change$849,900-2.2%$238/sqft
    Source: Realty ONE Group, Inc. #OC14044443 Report a problem
    3/5/2014Listed for sale$869,000$243/sqft
    Source: Realty ONE Group, Inc. #OC14044443 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $18
    2025-- $18
    2024-- $18
    2023-- $18
    2022-- $18
    2021-- $18
    2020-- $18
    2019-- $18
    2018-- $18
    2017-- $18
    2016-- $18
    2015-- $18
    2014-- $18
    2012-- $18
    2011-- $18
    2010-- $18
    2009-- $18
    2008-- $18
    2007-- $18
    2006-- $18
    2005-- $18
    2004-- $18
    2003-- $18
    2002-- $18
    2000-- $18
    Find assessor info on the county website

    Neighborhood: Traffic Circle

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,053,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,053,900