1345 Termino Ave - Residential LAND FOR SALE


Long Beach, CA 90804- Eastside Long Beach2,614 SF
$850,000 USD
562-884-4960
1345 Termino Ave, Long Beach, CA for Sale
$850,000 USD
Residential LAND - FOR SALE
1/10
2,614 SF

1345 Termino Ave
Long Beach, CA 90804
Eastside Long Beach


HIGHLIGHTS

  • Income-generating property with a transferable two-year lease in place.
  • Income-generating property with a transferable two-year lease in place.
  • Located adjacent to the Zaferia District, with proximity to bars, cafes, and retail.

OVERVIEW

Investment Opportunity Located just north of Anaheim Road, and the popular Zafaria District with bars, restaurants and shops. Just a few blocks south of Medical Offices and former Long Beach Community Hospital. Convenient to beaches, parks, and golf courses. If you're looking for an up leg for a 1031 Exchange, this may be what you're looking. Currently, 1923 Craftsman House Zoned LBR2. Recent California Legislation may allow more units. Buyer to investigate number of units that can be added to property. The house is currently leased to excellent long term tenants with a two-year lease that will transfer to new owner. So you will have income while you draw up plans, permits, etc. The house has been well maintained with recently replaced Roof, and most of the plumbing and some of the electrical have updated.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/ACRE

$14,166,667/AC

PRICE/SF

$325 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Termino Ave Multifamily Redevelopment Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.06 AC

LAND SF

2,614 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LBR2N

APN/PARCEL ID

7253-010-009

ASK ABOUT THIS PROPERTY

Brian ThorntonThornton RealtyMore Info
562-884-4960

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Brian ThorntonThornton RealtyMore Info
562-884-4960

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.