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221 Termino Avenue

Long Beach, CA 90803
  • $1,799,000
  • STATUS: ACTIVE
  • ON SITE: 9 Days
  • ID#: PW24202569
UPDATED: 86 min ago
$1,799,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This amazing property is located in the heart of one of the best neighborhoods in Long Beach, Belmont Heights. This upgraded triplex features a single family home and 2 units over 4 garages on a full-size lot only a few blocks from the beach and walking distance to Belmont Shore. The front house is a restored California Bungalow with all the historic curb appeal & charm that defines this historic part of town. The front house features refinished hardwood floors, upgraded electrical, upgraded plumbing, new tank-less water heater, central heat, LED lighting, ceiling fans, new 50- year presidential roof, new carpet, built-in's, coffered ceilings, wains-coating, double hung windows, period door, large enclosed front porch, large kitchen with service porch, inside laundry, & basement. The front house also has a very large stand up attic that could be converted to additional living space. The back units are above 4 extra large garages. Each unit is a 1 bed 1 bath. Each of the back units have a large outside deck, a storage/laundry room & are in excellent condition. The back-building features low maintenance stucco, newer windows & upgraded electrical . The property has lots of off street parking and features 4 garages and parking for 2 cars behind the garages off the alley. These garages could also easily be converted to 2 ADU units to bring in additional income. The front unit can either be owner occupied or rented. The units are situated well on a large lot with lots of usable open space and yard area. Mature landscaping that is well maintained and there is a sprinkler system o This amazing property is located in the heart of one of the best neighborhoods in Long Beach, Belmont Heights. This upgraded triplex features a single family home and 2 units over 4 garages on a full-size lot only a few blocks from the beach and walking distance to Belmont Shore. The front house is a restored California Bungalow with all the historic curb appeal & charm that defines this historic part of town. The front house features refinished hardwood floors, upgraded electrical, upgraded plumbing, new tank-less water heater, central heat, LED lighting, ceiling fans, new 50- year presidential roof, new carpet, built-in's, coffered ceilings, wains-coating, double hung windows, period door, large enclosed front porch, large kitchen with service porch, inside laundry, & basement. The front house also has a very large stand up attic that could be converted to additional living space. The back units are above 4 extra large garages. Each unit is a 1 bed 1 bath. Each of the back units have a large outside deck, a storage/laundry room & are in excellent condition. The back-building features low maintenance stucco, newer windows & upgraded electrical . The property has lots of off street parking and features 4 garages and parking for 2 cars behind the garages off the alley. These garages could also easily be converted to 2 ADU units to bring in additional income. The front unit can either be owner occupied or rented. The units are situated well on a large lot with lots of usable open space and yard area. Mature landscaping that is well maintained and there is a sprinkler system on the property. Don't miss this opportunity to purchase a historic home in Belmont Heights.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/156085506
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221 Termino Avenue Long Beach, CA 90803

  • Price: $1,799,000
  • Status: ACTIVE
  • On Site: 9 Days
  • Updated: 86 min ago
  • ID#: PW24202569
4
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Long Beach (90803)
County:
Los Angeles
Area:
Long Beach (90803)
Property Description
This amazing property is located in the heart of one of the best neighborhoods in Long Beach, Belmont Heights. This upgraded triplex features a single family home and 2 units over 4 garages on a full-size lot only a few blocks from the beach and walking distance to Belmont Shore. The front house is a restored California Bungalow with all the historic curb appeal & charm that defines this historic part of town. The front house features refinished hardwood floors, upgraded electrical, upgraded plumbing, new tank-less water heater, central heat, LED lighting, ceiling fans, new 50- year presidential roof, new carpet, built-in's, coffered ceilings, wains-coating, double hung windows, period door, large enclosed front porch, large kitchen with service porch, inside laundry, & basement. The front house also has a very large stand up attic that could be converted to additional living space. The back units are above 4 extra large garages. Each unit is a 1 bed 1 bath. Each of the back units have a large outside deck, a storage/laundry room & are in excellent condition. The back-building features low maintenance stucco, newer windows & upgraded electrical . The property has lots of off street parking and features 4 garages and parking for 2 cars behind the garages off the alley. These garages could also easily be converted to 2 ADU units to bring in additional income. The front unit can either be owner occupied or rented. The units are situated well on a large lot with lots of usable open space and yard area. Mature landscaping that is well maintained and there is a sprinkler system o This amazing property is located in the heart of one of the best neighborhoods in Long Beach, Belmont Heights. This upgraded triplex features a single family home and 2 units over 4 garages on a full-size lot only a few blocks from the beach and walking distance to Belmont Shore. The front house is a restored California Bungalow with all the historic curb appeal & charm that defines this historic part of town. The front house features refinished hardwood floors, upgraded electrical, upgraded plumbing, new tank-less water heater, central heat, LED lighting, ceiling fans, new 50- year presidential roof, new carpet, built-in's, coffered ceilings, wains-coating, double hung windows, period door, large enclosed front porch, large kitchen with service porch, inside laundry, & basement. The front house also has a very large stand up attic that could be converted to additional living space. The back units are above 4 extra large garages. Each unit is a 1 bed 1 bath. Each of the back units have a large outside deck, a storage/laundry room & are in excellent condition. The back-building features low maintenance stucco, newer windows & upgraded electrical . The property has lots of off street parking and features 4 garages and parking for 2 cars behind the garages off the alley. These garages could also easily be converted to 2 ADU units to bring in additional income. The front unit can either be owner occupied or rented. The units are situated well on a large lot with lots of usable open space and yard area. Mature landscaping that is well maintained and there is a sprinkler system on the property. Don't miss this opportunity to purchase a historic home in Belmont Heights.
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Site Curbs

Interior Features

Cooling N/K Heat Equipment Forced Air Unit Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Units With Cooling 0 Units With Range Oven 3 Units With Refrigerators 3

Property Features

Actual Cap Rate 4.34 Annual Expense Actual 28967 Assessments N/K Buildings 2 Cfd Mello Roos Fee 671.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 16.8 Gross Scheduled Income Actual 107100 Home Owners Fees 0.0 Monthly Total Fees 55 Tenant Pays TrashCable TVElectricityGas/Propane Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 4000.0 Unit2 Rent Actual 2100.0 Unit3 Rent Actual 2200.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Bill Larson of First Team Real Estate: 562-301-0390. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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