1345 Termino Long Beach, CA 90804
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 596 sqft
Price per Sqft $1,426
Subdivision Eastside (Es)
MLS Listing ID PW26088667
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1923
Lot Size 2,500 Sqft
Property Sub-Type Single Family Residence
Property Description
No HOA
RECENT IMPROVEMENTS:
Roof replaced in 2022, Most plumbing updated in 2023/2024, Some electrical wiring replaced in 2022, Attic insulation, Garage door replaced with a newer roll-up door
For investors, this property offers an important advantage: there is an existing lease that transfers with the sale.
The property is zoned LBR2N, identified in current listing information as 2-Unit Residential. The property's zoning and applicable California housing laws may provide opportunities for additional residential development, but buyers should independently verify allowable density, unit count, setbacks, parking, ADU/JADU possibilities, and all other development requirements with the City of Long Beach.
For the contractor/developer:
A strategically located LBR2N property where zoning and current regulations may create opportunities to explore additional residential units or future development, subject to city approval.
For the long-term investor:
The ability to hold the existing property and income while studying future development possibilities1345 Termino Avenue — a piece of Long Beach history with income potential and possibilities for the future.
Buyer to independently verify all zoning, development potential, allowable units, parking requirements, ADU/JADU eligibility, permits, dimensions, square footage, and other property information with the City of Long Beach and appropriate professionals. Development possibilities are subject to applicable laws, regulations, approvals, and permits.
Offers made subject to inspection. Existing Lease transfers with sale. Seller will consider cooperating with buyer's 1031 exchange at no expense to seller. No Homeowners Association.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR2N
Rooms
Main Level Bedrooms 2
Interior
Interior Features Breakfast Bar, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type None
Inclusions Appliances, Existing Lease
Fireplace No
Appliance Free-Standing Range, Disposal, Refrigerator, Water Heater
Laundry In Garage
Exterior
Parking Features Driveway Level, Door-Single, Driveway, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Biking, Curbs, Gutter(s), Street Lights, Sidewalks
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Porch Concrete, Patio
Total Parking Spaces 1
Private Pool No
Building
Lot Description Cul-De-Sac, Front Yard, Yard
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Level or Stories One
New Construction No
Schools
School District Long Beach Unified
Others
Senior Community No
Tax ID 7253010009
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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