1880 Termino AVE Long Beach, CA 90815

We are pleased to present a 4-unit apartment building located in Long Beach,California. Built in 1963, the subject property consists of 4,389 rentable square feet spread throughout a 7,229 square foot lot. The unit mix consists of two 1-bedroom / 1-bathroom units, one 2-bedroom / 1-bathroom unit and one 3-bedroom / 2-bathroom unit.. Tenants enjoy a sparkling pool and yard area. Located by the traffic circle, tenants have convenient access to freeways as well as many shops and restaurants. The property features onsite parking & income producing laundry room for tenants’ convenience. It is separately metered for gas and electricity.

The city of Long Beach continues to progress forward and is currently experiencing major redevelopment. The Long Beach port is undergoing $4.4 billion in future redevelopment that will create 14,000 new and permanent jobs in Southern California. The $495 million Long Beach Courthouse was recently completed and opened in September 2013. Long Beach sustains its ability to attract renters due to its strong economy and quality of life. This is an excellent opportunity to acquire a quality asset in a great location with true rental upside and stable return.