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Price Drop: $100K (10/12)
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Listed by: Damien Breaux (949) 662-2916 DRE #01460301 | Morgan Skenderian (949) 251-8800
$1,495,000
Monthly Est:$7,441
9 Beds
7 Baths
3,608sqft
1315 Termino Ave, Long Beach, CA 90804
$1,495,000
$7,441/moEst:
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Quadruplex
Built in 1907
$-- HOA
6,254 sqft lot
$414/sq.ft
Description
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 the opportunity to acquire a turn-key asset with the benefits of both renovated and newly constructed components, significantly reducing near-term capital expenditure concerns. Offered at a 6.6% CAP Rate on current, in-place rents this is the rare combination of cash flow and pristine condition.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 12, 2026 at 5:48 pm
- Source: California Regional MLS-CA | MLS#: PW26133542
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1907
HOA Fees
-
Finished Area
3,608 sqft
Lot Size
6,254 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26133542
MLS Status
ActiveUnderContract
Days on Market
139
Cumulative Days on Market
116
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 7
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
Inside
Other Features
Community Features
Gutters, Sidewalks
Lot Features
Rectangular Lot
Price History
| Date | Event | Price |
|---|---|---|
10/12/2026 Source: | Contingent (Active Under Contract) | $1,495,000 $414/sqft |
10/05/2026 Source: | Price Decreased | $1,495,000 -6.27% $414/sqft |
09/21/2026 Source: | Price Decreased | $1,595,000 -3.04% $442/sqft |
08/04/2026 Source: | Contingent (Active Under Contract) | $1,645,000 -8.36% $456/sqft |
06/18/2026 Source: | Listed for Sale | $1,795,000 +51928.99% $498/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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