1062 Termino Ave Immeuble residentiel 4 lots 990 587 € (247 647 €/Lot) Taux de capitalisation 4,45 % Long Beach, CA 90804

Marcus & Millichap is pleased to present the opportunity to acquire a 4-unit multifamily property located at 1062 Termino Avenue in Long Beach, California.
The property consists of a three-unit structure comprised of 2 one-bed/one-bath units and 1 twobed/ two-bath unit, as well as a detached two-bed/one-bath cottage. The property also features a private yard, security doors, on-site laundry, and a combination of surface and garage parking.
Current rents are below market, presenting a clear value-add opportunity through a comprehensive interior and exterior renovation program. A new owner can capitalize on strong rental demand in the surrounding submarket by modernizing unit interiors and enhancing common areas, driving meaningful increases in rental income and overall asset value.
The property is located in a desirable East Long Beach neighborhood, within close proximity to Woodrow Wilson High School and just minutes from Recreation Park, a major recreational amenity offering golf, tennis, sports fields, and open space. The location also benefits from convenient access to the Los Alamitos Traffic Circle, providing a wide range of retail, dining, and everyday conveniences, along with strong connectivity to surrounding areas of Long Beach and Orange County.
Overall, 1062 Termino Avenue presents a compelling opportunity to acquire a well-located, lowdensity multifamily asset with significant rental upside.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*