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1051 Termino Ave, Long Beach, CA 90804
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1051 Termino Ave Long Beach, CA 90804

$1,200,000 Sold Price as of 02/12/2021
  • 7 Beds
  • 4 Baths
  • 3,597 Sq.Ft.
Sold
$1,200,000 Sold Price as of 02/12/2021 Refinance Your Mortgage
Map preview of 1051 Termino Ave, Long Beach, CA 90804

Property Overview: 1051 Termino Ave Long Beach, CA has 7 bedrooms, 4 bathrooms, 3,597 living square feet and 4,333 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Classic Spanish Style four unit on a corner lot in a prime rental area. This property features a nice mix of big units, four one car garages, a laundry room, small patio behind the garages, & updated electrical service. Great for the new or seasoned investor this building has great potential upside in rents, you must see this one to appreciate it!

Listed by Christopher Stone | BRE #01311075 | Buckingham Investments, Inc.
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
4,333
HOA Dues
$0/mo
Year built
1929
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
IN20215201
City
Long Beach
County
Los Angeles
Time on Site
1305 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,685
  • Total Rent: $1,685
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $1,695
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,560
  • Net Operating Income: $53,592
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $22,958
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1051 Termino Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7254010010
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Other
  • Directions: East of Redondo, South of Anaheim
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Long Beach Agent

Sale History for 1051 Termino Ave

Last sold for $1,145,000 on February 12th, 2021

  • February, 2021

  • Feb 14, 2021

    Date

    Sold

    CRMLS: IN20215201

    $1,200,000

    Price

  • Feb 8, 2021

    Date

    Pending

    CRMLS: IN20215201

    $1,350,000

    Price

  • Dec 10, 2020

    Date

    Active Under Contract

    CRMLS: IN20215201

    $1,350,000

    Price

  • Oct 12, 2020

    Date

    Active

    CRMLS: IN20215201

    $1,350,000

    Price

  • February, 2021

  • Feb 12, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,145,000

    Price

  • May, 2005

  • May 20, 2005

    Date

    Sold (Public Records)

    Public Records

    $813,500

    Price

Show More

Tax History for 1051 Termino Ave

Assessed Value (2020): $560,568
Year Land Value Improved Value Assessed Value
2020 $135,073 $425,495 $560,568

Home Value Compared to the Market

This property vs the competition

1051 Termino Ave sold on February 12, 2021 for 68.75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $375.31 per/sqft which puts the price per square foot 40.62% lower than the current median sale per square foot for the city of Long Beach.

About 1051 Termino Ave

Detailed summary of property

1051 Termino Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,597 living square feet, and sits on an approximately 4,333 square foot lot. 1051 Termino Ave was first listed on ArdentRealEstateGroup.com on October 12, 2020. The homeowner sold the property for $1,200,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 68.75% higher than the current median priced home. Local homes that are currently for sale include 930 E 11th St, 1967 Atlantic Ave and 3409 Walnut Ave. While the average home in Long Beach, CA is selling in 51 days, 1051 Termino Ave has a days on market of 59 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 1051 Termino Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1051 Termino Ave

Public county record property details
Beds
8
Baths
4
Year built
1929
Sq. Ft.
3,597
Lot Size
4,332
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
7254-010-010

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$515,000
Median List Price/Sq.Ft.
$612
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
54
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1051 Termino Ave

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Recently Sold Homes Near 1051 Termino Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.

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