1062 Termino Ave — Sale in Long Beach, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Long Beach, CA 90804
Investment Figures
- Cap rate
- 3.76%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the opportunity to acquire a 4-unit multifamily property located at 1062 Termino Avenue in Long Beach, California. The property consists of a three-unit structure comprised of 2 one-bed/one-bath units and 1 twobed/ two-bath unit, as well as a detached two-bed/one-bath cottage. The property also features a private yard, security doors, on-site laundry, and a combination of surface and garage parking. Investment Highlights: • Single-Story Cottage • On-Site Laundry Facility • Garage and Surface Parking
Market Context
This multifamily in Long Beach, CA is listed for sale. It is offered at an approximate 3.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Long Beach, CA — view the full market.
Contact
- Nicholas Kazemi · (949) 419-3333 · nick.kazemi@marcusmillichap.com
- Tyler Leeson · (714) 713-9086 · tyler.leeson@marcusmillichap.com
- Matthew J. Kipp · (949) 419-3254 · matt.kipp@marcusmillichap.com
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