1535 Termino,  Long Beach CA, 90804 (Residential Income)

3,642 sqft
Status: Sold
MLS#: OC14118639
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Last Updated: 12/9/2016 9:31 AM
Description for 1535 Termino Long Beach, CA 90804
Reduced for a Quick Sale! Unique Triplex in a Beautiful Gated Community Plaza Apts of Long Beach. Well located near the Traffic Circle/PCH, Cal State Long Beach, Freeway, Shopping and minutes to the Golf Course. Great for Investors or Homeowners who want to live in one and rent the others. Three spacious units: 3br/2ba, approx. 1,700 sqft, 2br/2ba, approx. 1,050 sqft, and 1br/1b, approx. 800 sqft. All units come with fireplace, laundry hookup inside and 4-car attached garage (3br unit comes w/2-car gar). Rents are currently below market because of long term tenants, who are currently on a month-to-month contract (except for 3br unit just rented for 1-yr). Projected rents can be substantially higher (approx. $58,000+/year) due to the excellent condition of the units, secure building, and the Amenities such as swimming pool, BBQ and club house. Wonderful Resort Settings with palm trees, water fountain and greenbelt - HOA dues covers On-site management, pre-screening and renting the units for the owners, water, trash, maintenance, gardening & landscaping paid. Nice and quiet environment. Pride of ownership and You Will Love It!
Price
Sold Price:
$800,000
Sold Date:08/22/2014
Los Angeles
3,642 (approx)
OC14118639
Closed
Description
Reduced for a Quick Sale! Unique Triplex in a Beautiful Gated Community Plaza Apts of Long Beach. Well located near the Traffic Circle/PCH, Cal State Long Beach, Freeway, Shopping and minutes to the Golf Course. Great for Investors or Homeowners who want to live in one and rent the others. Three spacious units: 3br/2ba, approx. 1,700 sqft, 2br/2ba, approx. 1,050 sqft, and 1br/1b, approx. 800 sqft. All units come with fireplace, laundry hookup inside and 4-car attached garage (3br unit comes w/2-car gar). Rents are currently below market because of long term tenants, who are currently on a month-to-month contract (except for 3br unit just rented for 1-yr). Projected rents can be substantially higher (approx. $58,000+/year) due to the excellent condition of the units, secure building, and the Amenities such as swimming pool, BBQ and club house. Wonderful Resort Settings with palm trees, water fountain and greenbelt - HOA dues covers On-site management, pre-screening and renting the units for the owners, water, trash, maintenance, gardening & landscaping paid. Nice and quiet environment. Pride of ownership and You Will Love It!
Listing Information
Property Type: Cluster, Contemporary
0.07 Acres 3,642 (approx)
$219.66 1963
Yes- 4 spaces
Sewer Connected, Sewer at Street
3 Total
Neighborhood
Room Information
Inside
Interior Features
Electric Range/Cooktop, Garbage Disposal
Carpet Wall to Wall
Central Air
Living Room
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces
Pool
Community Pool, In-ground
Block
BBQ, Curbs Walk
Community Features
Community Pool
Security
Driving Directions
Please Google Map
Financial Considerations
7253013045
$50,400 Income ,$16,494Expense
Listing Price History

Long Beach Real Estate

Long Beach is located in California. Long Beach, California 90804 has a population of 463,589.

The median household income in Long Beach, California 90804 is $52,900. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Long Beach 90804 is 33.2 years.

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Courtesy: Realty One Group Inc Tina Vo
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