1031 Termino AVE

Long Beach,CA 90804

$ 1050000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Eastside (Es)

MLS Listing ID DW25193780

Year Built 1929

Lot Size 4,072 Sqft

Property Sub-Type Single Family Residence

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

Zoning LBR3S

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type Primary Bedroom

Laundry Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Curbs,Sidewalks

View Y/N No

View None

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,FHA,VA Loan

Listing Terms Cash,Cash to New Loan,FHA,VA Loan

Special Listing Condition Standard

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