$1,795,000
About this home
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.
Facts & features
- Laundry
- Inside
- Levels
- Two
- Lot size
- 0.144 acres (6,254 sq ft)
- Pool
- None
- Year built
- 1907
- Parking spaces
- 2
- Area
- 699 - Not Defined
- County
- Los Angeles
- Community features
- Gutters, Sidewalks
- Status
- Active
- Property type
- Quadruplex
- Days on market
- 1
- Listed
- 2026-06-18
- Terms
- Cash, Cash To New Loan, Conventional, Exchange 1031
- Parcel #
- 7253010019
- MLS #
- PW26133542