Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages.
A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential.
Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.
For sale
Listed by: Morgan Skenderian • Rick Applebaum • Contact: 949-251-8800
$2,195,000
924 Termino Ave, Long Beach, CA 90804
--beds
--baths
3,400sqft
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$646/sqft
$-- HOA
What's special
Single-story unitsNew electrical panelsTwo double-car garagesTwo single-car garagesFresh interior paintUpdated flooringCopper plumbing
- 55 days |
- 163 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Rick Applebaum DRE #01273871 rma@morganskenderian.com,
Morgan Skenderian,
Paul Espinosa DRE #01942627,
Morgan Skenderian
Source: CRMLS,MLS#: PW26102358
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSLoading...
Facts & features
Interior
Heating
- Wall Furnace
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Entry location: Street
- Pool features: None
Lot
- Size: 7,661 Square Feet
Details
- Parcel number: 7254018002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Golf, Park, Sidewalks
- Subdivision: Other
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $646/sqft
- Tax assessed value: $2,256,750
- Annual tax amount: $30,163
- Date on market: 5/14/2026
- Listing terms: Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
$3,871/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listed for sale | $2,195,000-0.8%$646/sqft |
Source:  CRMLS #PW26102358 Report a problem | ||
| 3/4/2024 | Sold | $2,212,500+265.7%$651/sqft |
Source: Public Record Report a problem | ||
| 7/29/2002 | Sold | $605,000$178/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,163 +153.1% | $2,256,750 +166.9% |
| 2024 | $11,917 +1.8% | $845,639 +2% |
| 2023 | $11,702 +6.3% | $829,075 +2% |
| 2022 | $11,004 +2.3% | $812,836 +2% |
| 2021 | $10,762 +0.3% | $796,915 +1% |
| 2020 | $10,735 | $788,753 +2% |
| 2019 | $10,735 +4.5% | $773,304 +2% |
| 2018 | $10,272 | $758,158 +2.1% |
| 2017 | $10,272 +1.1% | $742,509 +2% |
| 2016 | $10,161 +7.4% | $727,951 +1.5% |
| 2015 | $9,465 +4.3% | $717,018 +2% |
| 2014 | $9,073 | $702,973 +5.3% |
| 2010 | -- | $667,599 -0.2% |
| 2009 | -- | $669,186 +4% |
| 2007 | -- | $643,203 +2% |
| 2006 | -- | $630,592 |
| 2005 | -- | $630,592 +4% |
| 2004 | -- | $606,107 +142.4% |
| 2000 | -- | $250,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: East Side
Nearby schools
GreatSchools rating
- 8/10Fremont Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Jefferson Leadership Academies SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Wilson High SchoolGrades: 9-12Distance: 0.3 mi
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- California
- Los Angeles County
- Long Beach
- 90804
- East Side
- 924 Termino Ave
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