221 Termino Avenue

Long Beach, CA 90803

$1,799,000
Price
4
Beds
4
Baths
2,502 Sq. Ft.
$719 / Sq. Ft.
2,502
Sq. Ft.
$719
per Sq. Ft.

Description

This amazing property is located in the heart of one of the best neighborhoods in Long Beach, Belmont Heights. This upgraded triplex features a single family home and 2 units over 4 garages on a full-size lot only a few blocks from the beach and walking distance to Belmont Shore. The front house is a restored California Bungalow with all the historic curb appeal & charm that defines this historic part of town. The front house features refinished hardwood floors, upgraded electrical, upgraded plumbing,...This amazing property is located in the heart of one of the best neighborhoods in Long Beach, Belmont Heights. This upgraded triplex features a single family home and 2 units over 4 garages on a full-size lot only a few blocks from the beach and walking distance to Belmont Shore. The front house is a restored California Bungalow with all the historic curb appeal & charm that defines this historic part of town. The front house features refinished hardwood floors, upgraded electrical, upgraded plumbing, new tank-less water heater, central heat, LED lighting, ceiling fans, new 50- year presidential roof, new carpet, built-in's, coffered ceilings, wains-coating, double hung windows, period door, large enclosed front porch, large kitchen with service porch, inside laundry, & basement. The front house also has a very large stand up attic that could be converted to additional living space. The back units are above 4 extra large garages. Each unit is a 1 bed 1 bath. Each of the back units have a large outside deck, a storage/laundry room & are in excellent condition. The back-building features low maintenance stucco, newer windows & upgraded electrical . The property has lots of off street parking and features 4 garages and parking for 2 cars behind the garages off the alley. These garages could also easily be converted to 2 ADU units to bring in additional income. The front unit can either be owner occupied or rented. The units are situated well on a large lot with lots of usable open space and yard area. Mature landscaping that is well maintained and there is a sprinkler system on the property. Don't miss this opportunity to purchase a historic home in Belmont Heights.
  1. Listed by Bill Larson • DRE #01373184 • Brokerage DRE #01008773 • First Team Real Estate • 562-301-0390

Property Details for 221 Termino Avenue

Architectural Style
Craftsman
Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2502
LISTING UPDATED: 10/23/2024 07:59 AM

Property Details for 221 Termino Avenue

StatusActive
MLS #PW24202569
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.15 AC / 6,501 SF
CountyLos Angeles County

Building Information for 221 Termino Avenue

Stories2Residences-Year Built1914Building Size-Lot Size0.15 AC / 6,501 SF

Property Information for 221 Termino Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $625
  • Gross Scheduled Income: $107,100
  • Net Operating Income: $78,133
  • Number Of Rented Garages: 3
  • Garage Income: $625
  • Gross Multiplier: 16.8
  • Cap Rate: 4.34
Expense Details
  • Operating Expense: $28,968
  • New Taxes Expense: $22,487
  • Gardener Expense: $1,200
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Pest Control Expense: $480
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,800
  • Supplies Expense: $0
  • Total Expenses: $28,968
Tax / Assessment Info
  • Tax Block: L
  • Tax Tract Number: 5772
  • Tax Census Tract: 5772.00
  • CFD/Mello-Roos Fee: $671
  • Tax Lot: 18
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Disposal
  • Equipment: Room
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Tile, Vinyl, Wood
Exterior Features
  • Roof: Composition
  • Entry Location: front
  • Fence: Yes
  • Fence: Masonry, Wood
  • Fencing: Masonry, Wood
  • Foundation Details: Raised, Slab
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Rectangular Lot, Level, Sprinklers In Front, Sprinklers In Rear
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Electric: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage Faces Rear
Property / Structure Info
  • Builders Tract Name: Belmont Heights
  • Builders Tract Code: Belmont Heights (BH)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,000
  • Unit Type Total Rent: $4,000
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,100
  • Unit Type Total Rent: $2,100
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Disposal: 3
  • Number Wall AC: 0

Property History for 221 Termino Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 221 Termino Avenue

Taxable ValueLand$619,081Additions$276,581Total$895,662
Tax Record2024$11,795 ($983 / month)
Home Facts
Total Finished SqFt2,502 SqFtAbove Grade Finished SqFt2,502 SqFtLot Size6,501 SqFtStyleTriplexYear Built1914ZoningLBR1NCountyLOS ANGELESAPN7256-008-088

Schools near 221 Termino Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fremont Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Richard D. Browning High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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221 Termino Avenue is a multi-family home for sale in Long Beach, CA 90803. This property was listed for sale on September 30, 2024 by First Team Real Estate, it's currently listed at $1,799,000. It has been on the market for a total of 78 days and was last sold on January 16, 2003. This listing's school district is Long Beach Unified School District. Nearby schools include Fremont Elementary School, Rogers Middle School and Wilson High School. 221 Termino Avenue is a 4-bed, 4-bath, 2,502 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First Team Real Estate, Bill Larson, DRE #01373184

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.