1108 Termino, Long Beach, CA, 90804
- 0.20acre
Exceptional Investment Opportunity in Long Beach’s Eastside
Discover this rare 1980s multifamily gem in the desirable Eastside neighborhood of Long Beach, a low-vacancy area with no Rent Control. The property features 10 spacious two-bedroom, condo-style apartments with bright interiors, large balconies, and vaulted ceilings in the upper units. Several units were remodeled in 2021, adding modern upgrades that enhance appeal for tenants.
The gated 15-space parking garage offers convenience and additional income potential by renting out unused spaces. A newer roof with a lifetime guarantee, seller-owned laundry machines, and locked entrances with surveillance cameras ensure both security and stability. With tenants responsible for their own gas and electricity, operating costs remain low.
Ideally located near freeways and public transportation, this well-maintained, income-producing property presents a rare chance to secure strong cash flow and long-term growth in one of Long Beach’s most thriving rental markets.
Listing agents:
Lily Nguyen
License #01949435
Berkshire Hathaway HomeService
Cheong Lee
License #02172372
Keller Williams Coastal Prop.
1108 Termino is a Residential Income Mixed Use property located in Long Beach, California, featuring a 0.197 acre lot, MLS #OC25231379.