1425 Termino Ave, Long Beach, CA 90804

1425 Termino Ave, Long Beach, CA 90804

Long Beach, CA
$815,000

Property Description

Lyon | Stahl is pleased to present 1425 Termino Ave, a beautiful duplex located in Long Beach. This property has a unit mix consisting of (1) 3-bed/2-bath and (1) 1-bed/1-bath. The building is situated on a 6,770 SF lot with 2,136 SF of total living area. 1425 Termino features a garage for each unit as well as plenty of street parking. This property has recently put in new granite counter tops into both units and each unit boasts their own private yard. An incredible investment opportunity for an owner-occupied user, or someone looking to build their portfolio in an appreciating area.

Property Features

  • Sale Price: $815,000
  • Area Size: 2,136 SF
  • Land Area: 6,770 SF
  • Year Built: 1956
  • Listing Date: 7/6/18
  • Closing Date: 11/14/2018
  • Units: 2
  • Current GRM: 19.56
  • Current Cap Rate: 2.97%
  • Price Per Unit: $419,500
  • Market GRM: 15.89
  • Market Cap Rate: 4.40%
  • Current NOI: $24,907

Lyon Stahl Investment Real Estate

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