- For Sale $1,195,000
- Property Type Other
- Units 5
- Additional Rent Contact for pricing
- Date Updated Dec 15, 2024
This is a unique opportunity to purchase a true value add 5-unit apartment complex in a core Southern CA market with real upside to a 6.80% cap rate. This is the first time the property has been on the market in almost 30 years and is a great bite sized deal for both a first time or seasoned investor. The unit mix consists of (1) Large 1 BD/1BA, (4) 1BD/1BA, there is on-site laundry and (2) on-site garages that can generate additional income.
The property boasts an incredibly tenant friendly location near two major arteries (Pacific Coast Hwy & Lakewood Blvd) and is walking distance to many restaurants & retailers including LA Fitness, Chick-fil-A, CVS, Wells Fargo, Chase Bank, Raising Cane's, Starbucks, Jimmy Johns, The Habit, Staples and Big 5 to name a few
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
83/100 Very Walkable -
Transit Score ®
46/100 Some Transit -
Bike Score ®
64/100 Bikeable
- City Long Beach, CA
- Neighborhood Traffic Circle
- Zip Code 90804
- Market Los Angeles
Points of Interest
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Pacific Coast Highway
2.61 miles
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Anaheim Street
2.67 miles
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5th Street
2.84 miles
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Pacific Avenue
3.10 miles
-
Wardlow
3.66 miles
-
Del Amo
5.58 miles
-
Calico Station
9.09 miles
-
Camp Snoopy Depot
9.19 miles
-
Blink Charging Station
0.22 miles
-
Vons 3076 Fuel Station
0.33 miles
-
Arco
0.47 miles
-
Mobil
0.68 miles
-
Shell
0.93 miles
-
Chevron
0.98 miles
-
SB gas
1.10 miles
-
76
1.10 miles
-
ARCO
1.14 miles
-
eVgo
1.66 miles
-
(parking for playhouse)
0.64 miles
-
Current Parking Lot
0.95 miles
-
(private parking)
1.21 miles
-
parking structure
1.25 miles
-
Don Temple Storage
1.33 miles
-
(parking structure)
1.36 miles
-
G10 lot
1.38 miles
-
G2
1.39 miles
-
R2
1.44 miles
-
Marina Motel
0.18 miles
-
Econo Lodge Long Beach I-405
0.32 miles
-
QueenCity Inn
0.37 miles
-
Quality Inn Long Beach - Signal Hill 1
0.57 miles
-
Don's Motel
0.57 miles
-
Quality Inn Long Beach - Signal Hill
0.60 miles
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Quality Inn Near Long Beach Airport
0.60 miles
-
Long Beach Inn
0.78 miles
-
Cherry Motel
0.93 miles
-
Hotel Current
0.95 miles
-
Chick-fil-A
0.16 miles
-
Raising Cane's
0.21 miles
-
Einstein Bros. Bagels
0.22 miles
-
Carl's Jr.
0.22 miles
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AhiPoki
0.22 miles
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The Flame Broiler
0.22 miles
-
Hiccups
0.23 miles
-
Jersey Mike's Subs
0.23 miles
-
Jamba
0.23 miles
-
In-N-Out Burger
0.24 miles
-
Pacific Coast University School of Law
0.30 miles
-
Bryant Elementary School
0.39 miles
-
Zinsmeyer Academy
0.46 miles
-
Tucker Elementary School
0.65 miles
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Coronado Head Start
0.68 miles
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Richard D Browning High School
0.72 miles
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Buffum Total Learning Center
0.79 miles
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Huntington School
0.80 miles
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Lee Elementary School
0.84 miles
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Bethany Church & School
0.87 miles
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A Village Child Care
0.42 miles
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Great Beginnings
1.41 miles
-
Oak Wood Academy
3.73 miles
-
injoy life
6.03 miles
-
Artesia Head Start
6.46 miles
-
Bethany Christian Preschool
7.46 miles
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The Learning Box Childcare & Enrichment Center Inc
7.91 miles
-
Carden Conservatory
7.93 miles
-
Anaheim Kids Academy
8.40 miles
-
Tiny Heartz Daycare LLC
9.33 miles
Frequently Asked Questions
The space currently listed for sale at 1715 Termino asks for $1,195,000.
1715 Termino totals 3,544 square feet.
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NRE Commercial | CRE Advisors