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924 Termino Ave, Long Beach, CA 90804
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924 Termino Ave Long Beach, CA 90804

$2,212,445 Sold Price as of 03/04/2024
  • 9 Beds
  • 9 Baths
  • 3,400 Sq.Ft.
Sold
$2,212,445 Sold Price as of 03/04/2024 Refinance Your Mortgage
Map preview of 924 Termino Ave, Long Beach, CA 90804

Property Overview: 924 Termino Ave Long Beach, CA has 9 bedrooms, 9 bathrooms, 3,400 living square feet and 7,661 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 924 Termino has manicured landscaping, and a designer/owner's touch on redone units and offers an attractive unit-mix consisting of 8 units and 1 permitted storage with a bathroom. The storage space has plumbing, gas and electrical perfect for an ADU conversion. The building has 8 garages, and has copper plumbing, electrical upgrades, new electrical panel with permits. Seller Carry with 25-30% down payment.

Listed by Johnny Chacon | BRE #01966177 | Buckingham Investments, Inc
Last checked: 15 minutes ago | Last updated: March 5th, 2024 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,661
HOA Dues
$0/mo
Year built
1950
Garage
8 Car
Property Type:
Apartment
Status
Sold
MLS#
SB24029959
City
Long Beach
County
Los Angeles
Time on Site
87 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 3
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $660
  • Total Rent: $660
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,589
  • Total Rent: $1,589
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $1,725
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,529
  • Total Rent: $1,529
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,672
  • Total Rent: $1,672
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $174,840
  • Net Operating Income: $108,348
  • Gross Operating Income: --
  • # of Rented Garages: 8
Annual Expense Breakdown
  • Total Operating Expense: $59,900
  • Electric: $495
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $2,001
  • Professional Management: $11,513
  • Water/Sewer: $1,898

Property Details for 924 Termino Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 7254018002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Subdivision Name: Alamitos Heights (AH)
  • Directions: E 10th St & Termino Ave
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Long Beach Agent

Sale History for 924 Termino Ave

Last sold for $2,212,445 on March 4th, 2024

  • March, 2024

  • Mar 4, 2024

    Date

    Sold

    CRMLS: SB24029959

    $2,212,445

    Price

  • Feb 12, 2024

    Date

    Active

    CRMLS: SB24029959

    $2,600,000

    Price

  • February, 2024

  • Feb 12, 2024

    Date

    Expired

    CRMLS: SB23099432

    $2,590,000

    Price

  • Jun 10, 2023

    Date

    Active

    CRMLS: SB23099432

    $2,595,000

    Price

  • Listing provided courtesy of CRMLS

    Plans for two ADU’s in the works and will be delivered upon closing. This value add proposition could add over 600K in value! In addition, Termino has an assumable loan of 680k in the low 3’s. The lender also offers a supplemental loan concurrent with the loan assumption for the buyer; please reach out for more details. Termino has manicured landscaping, and a designer/owner's touch on redone units and offers an attractive unit-mix consisting of 8 units and one permitted storage with a bathroom. The storage space has plumbing, gas and electrical perfect for an ADU conversion. The building has copper plumbing, electrical upgrades, new electrical panel with permits and has passed The Long Beach Lead Abatement program. Owner May Carry with 25-30% down payment.

  • December, 2017

  • Dec 17, 2017

    Date

    Leased

    CRMLS: SB17255029

    $1,495

    Price

  • Nov 30, 2017

    Date

    Price Change

    CRMLS: SB17255029

    $1,495

    Price

  • Nov 21, 2017

    Date

    Price Change

    CRMLS: SB17255029

    $1,575

    Price

  • Nov 9, 2017

    Date

    Active

    CRMLS: SB17255029

    $1,665

    Price

  • Listing provided courtesy of CRMLS

    PROMO! $500 OFF for a move in by December 15th! Garden apartment with private patio (Belmont Heights) 2BD/1BA and pet friendly. This newly landscaped building boasts a bright corner unit within a charming 8-plex. The owner has added a personal touch to this unit and also throughout the complex. This cozy unit is perfect for someone who appreciates new fixtures and flooring as well as a feeling of warmth. The bathroom was redone and the unit has tile and brand new wood-like vinyl-plank flooring along with bright new paint throughout, sparkling new light fixtures, and brand new ceiling fans. The unit is small but big on style! The sunny courtyard is filled with gardens and trees. Snazzy 50's kitchen counters with newly re-glazed sink. Includes: On-site laundry, gas stove, and wall heater. Make it your home in the heart of beautiful Belmont Heights! Upgrade to shared garage space for $70/month.

  • November, 2017

  • Nov 3, 2017

    Date

    Leased

    CRMLS: SB17216932

    $1,220

    Price

  • Oct 5, 2017

    Date

    Price Change

    CRMLS: SB17216932

    $1,220

    Price

  • Sep 27, 2017

    Date

    Price Change

    CRMLS: SB17216932

    $1,295

    Price

  • Sep 19, 2017

    Date

    Active

    CRMLS: SB17216932

    $1,335

    Price

  • Listing provided courtesy of CRMLS

    Belmont Heights Garden Apt - Pkng Av, w/ Patio, Pets OK, New Promo! PROMO of 1/2 off the rent offered to an approved tenant moving in by November 15th! Garden apartment with private patio (Belmont Heights) 1BD/1BA pet friendly, cute unit in a charming courtyard 8-plex. The courtyard is filled with gardens and trees. Snazzy 50's kitchen counters and original cute bath tile stand out against new paint throughout and to complement the newly re-glazed kitchen sink and bathtub. The unit has tile and wooden flooring. Includes: On site laundry, gas stove, and wall heater. Make it your home in the heart of beautiful Belmont Heights! Street parking. Upgrade to shared garage space for $70/month or a private garage space for $125/month.

  • October, 2017

  • Oct 25, 2017

    Date

    Leased

    CRMLS: SB17216690

    $1,250

    Price

  • Oct 5, 2017

    Date

    Price Change

    CRMLS: SB17216690

    $1,250

    Price

  • Sep 29, 2017

    Date

    Price Change

    CRMLS: SB17216690

    $1,335

    Price

  • Sep 27, 2017

    Date

    Price Change

    CRMLS: SB17216690

    $1,345

    Price

  • Sep 19, 2017

    Date

    Active

    CRMLS: SB17216690

    $1,375

    Price

  • Listing provided courtesy of CRMLS

    PROMO: 1/2 off the rent to be credited at the end of tenancy. Pet friendly Garden apartment with private patio (Belmont Heights)! 1BD/1BA cute end unit in a charming courtyard 8-plex. This unit is the best in the building with its shady private wrap around patio. Perfect for entertaining. The courtyard is filled with gardens and trees. New snazzy 50’s kitchen counters and original cute bath tile stand out against new paint throughout. New heater, sink, and ceiling fan with original built-ins make this unit a real home in the heart of beautiful Belmont Heights. Includes: On site laundry, gas stove, and new blinds throughout. The best unit in the buildings! Make it your home!

  • July, 2002

  • Jul 29, 2002

    Date

    Sold (Public Records)

    Public Records

    $605,000

    Price

Show More

Tax History for 924 Termino Ave

Assessed Value (2020): $788,753
Year Land Value Improved Value Assessed Value
2020 $317,827 $470,926 $788,753

Home Value Compared to the Market

This property vs the competition

924 Termino Ave sold on March 4, 2024 for 225% 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 $764.71 per/sqft which puts the price per square foot 21% higher than the current median sale per square foot for the city of Long Beach.

About 924 Termino Ave

Detailed summary of property

924 Termino Ave is a apartment that recently sold in Long Beach, CA 90804. This apartment offered 9 bedrooms, 9 bathrooms, roughly 3,400 living square feet, and sits on an approximately 7,661 square foot lot. 924 Termino Ave was first listed on ArdentRealEstateGroup.com on February 12, 2024. The homeowner sold the property for $2,212,445. 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 225% higher than the current median priced home. Local homes that are currently for sale include 268 Park Avenue, 1148 Stanley Ave and 1717 Temple Ave. 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 924 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 924 Termino Ave

Public county record property details
Beds
9
Baths
8
Year built
1950
Sq. Ft.
3,400
Lot Size
7,661
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
7254-018-002

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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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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