Bought with Kristina Burke
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1031 Termino AVE Long Beach, CA 90804
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRDW25193780
Year Built 1929
Lot Size 4,071 Sqft
Property Sub-Type Duplex
Property Description
Exquisite 1929 Spanish gem on an R-3-S lot in the heart of Long Beach, this home combines timeless character with reliable cash flow. Distinctive details include a dramatic arched front window, soaring coved ceilings, arched doorways, hardwood floors, and vintage fixtures, balanced by thoughtful updates such as minisplits in every bedroom (2023), a new patio cover (2023), tankless water heater (2021), a recently replaced roof, retrofitted foundation, and terracotta kitchen flooring. The flexible floor plan functions as a full 3 bed / 2 bath home or separates into a 2 bed / 1 bath plus a private 1 bed / 1 bath suite with its own entrance, fireplace, remodeled bath, and kitchenette-ready space. Currently operating as a furnished mid-term rental generating $7,750/month, the property also offers a long driveway with parking for 4+ vehicles and a garage with excellent ADU potential. Furniture is negotiable, providing a turnkey option for investors. Located just blocks from the beach, top schools, and the shops and dining of Second Street, this is a rare opportunity to secure immediate income and long-term upside in one of Long Beach's most desirable neighborhoods.
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Rooms
Kitchen Microwave, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Other
Exterior
Garage Spaces 1.0
Pool 31, None
View None
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable
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