Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages.
A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential.
Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.
AGENT: Rick Applebaum LISTING BROKERAGE: Morgan SkenderianA unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential.
Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.
Courtesy of Morgan Skenderian. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 924 Termino AV
Long Beach, CA
Property Details
Price:
$2,195,000
MLS #:
PW26102358
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
3eastsidecirclearea
Listed Date:
May 14, 2026
Total Sq Ft:
3,400
Lot Size:
7,661 sqft / 0.18 acres (approx)
Year Built:
1950
3 – Eastside, Circle Area3eastsidecirclearea
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Schools
Interior
Heating
WL
Laundry Features
CM
Exterior
Common Walls
NCW
Community Features
SDW, CRB, GOLF, PARK, BIKI, DGP
Garage Spaces
6
Parking Spots
6
Parking Total
6
Financial
Gross Operating Income
$194,308
Maintenance Fee
$5,829
Net Operating Income
$143,215
Map
Community
- Address924 Termino AV Long Beach CA
- SubdivisionOther (OTHR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
