744 Termino Avenue
$1,570,500
5,675 / 0.13
Description
Attention developers and investors! Prime Opportunity at 744 Termino Ave in one of Long Beach's most sought-after neighborhoods. This property offers approved plans (RTI - Ready to Issue permits) for a new two-story duplex, featuring four bedrooms in each unit plus an additional 2-bedroom ADU in the rear perfect for maximizing rental income. With no rent control in place, the potential for profit is substantial. Plus, the project is ready to break ground with no underground parking required, simplifying...Attention developers and investors! Prime Opportunity at 744 Termino Ave in one of Long Beach's most sought-after neighborhoods. This property offers approved plans (RTI - Ready to Issue permits) for a new two-story duplex, featuring four bedrooms in each unit plus an additional 2-bedroom ADU in the rear perfect for maximizing rental income. With no rent control in place, the potential for profit is substantial. Plus, the project is ready to break ground with no underground parking required, simplifying construction and reducing costs. Seller financing may be available, making this an even more attractive investment. Don't miss out on this rare opportunity to develop in a rapidly appreciating area. Act now to secure this high-potential property!
- Listed by Maria Anderson • DRE #01874132 • Brokerage DRE #01919385 • Phoenix RE Consulting
Property Details for 744 Termino Avenue
Water Front
None
ZoningLBR3S
Parcel Number7254021007
AreaEastside, Circle Area (3)
Lot Size Area5675
Source Lot Size AreaVendor Enhanced
Assessor Parcel Number7254-021-007
DirectionsBetween 7th St and 10th St
LISTING UPDATED: 09/05/2024 12:01 AM
Property Details for 744 Termino Avenue
Status | Active |
---|---|
MLS # | 24-432985 |
Days on Market | 112 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.13 AC |
County | Los Angeles County |
Building Information for 744 Termino Avenue
Lot Size0.13 AC
Property Information for 744 Termino Avenue
Property History for 744 Termino Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 744 Termino Avenue
Taxable ValueLand$712,674Additions$306,918Total$1,019,592
Tax Record2024$13,164 ($1,097 / month)
Home Facts
Beds2Total Finished SqFt672 SqFtAbove Grade Finished SqFt672 SqFtStories1Lot Size5,675 SqFtStyleSingle Family ResidenceYear Built1920ZoningLBR3SCountyLOS ANGELESAPN7254-021-007
Schools near 744 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 | ||
Jefferson Leadership Academies 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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