3,537 sqft

$1,125,000

1535 Termino Avenue, Long Beach CA, 90804

Price per sqft$318.07

Built in1963

Property size3,537 sqft

Property typeMulti-family

Bought with Spencer Pabst with Pabst, Kinney & Associates and Listed by Spencer Pabst CA DRE# 01849377 with Pabst, Kinney & Associates 562-884-6875

Overview

Sold

Closed

Listed Oct 1, 2024

Updated Jun 19

Great investment opportunity! Welcome to 1535 Termino Ave, "Coronado Building". The subject property consists of a 4 unit apartment building, approx. 3,537 square feet, comprised of (1) large townhouse style 2bd/2bth unit, and (3) 1bd/1bth units, and 4 single car garages. Located within the "Community Plaza", this community apartment complex features gated entry and parking, Pool, and outdoor community bbq. This community is super quiet, private and well maintained, attracting the best of tenants. Built in 1963, this all electric building is separately metered and offers an investor substantial upside in income. The 3 occupied units are all eligible for the maximum rent increase of 8.9%. And the one vacant unit provides an immediate opportunity to renovate and obtain market rent. The HOA dues are $780 per month and pay for the community expenses - landscaping, pool cleaning, common area utilities, mail room, gated entrance. In addition to the 4 single car garages, additional assigned surface parking spots are available (based on availability) for tenants for an additional fee. Located in a great area of Long Beach, just minutes from major freeways and Long Beach State. Don't miss out on this great investment opportunity!

Additional information

MLS^® ID: PW24202716

Interior Features

Basement: No

Exterior Features

Lot Size: 0.05 Acres

Other Property Details

Association Fee Frequency: Monthly
Garage: Yes
55+/Senior Community: No

Bought with Spencer Pabst with Pabst, Kinney & Associates and Listed by Spencer Pabst CA DRE# 01849377 with Pabst, Kinney & Associates 562-884-6875

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:57 PM UTC Last Checked: 1:57 PM UTC