1031 Termino Avenue, Long Beach, CA 90804

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Sold Price
$1,050,000
List Price
$1,050,000
Closing Date
Oct 15, 2025
Status
CLOSED
MLS#
DW25193780
Year Built
1929
Lot Size
4,071
Acres
0.09
Lot Location
2-5 Units/Acre
Days on Market
11
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Eastside (Es)

Property Description

Exquisite 1929 Spanish gem on an R-3-S lot in the heart of Long Beach, this home combines timeless character with reliable cash flow. Distinctive details include a dramatic arched front window, soaring coved ceilings, arched doorways, hardwood floors, and vintage fixtures, balanced by thoughtful updates such as minisplits in every bedroom (2023), a new patio cover (2023), tankless water heater (2021), a recently replaced roof, retrofitted foundation, and terracotta kitchen flooring. The flexible floor plan functions as a full 3 bed / 2 bath home or separates into a 2 bed / 1 bath plus a private 1 bed / 1 bath suite with its own entrance, fireplace, remodeled bath, and kitchenette-ready space. Currently operating as a furnished mid-term rental generating $7,750/month, the property also offers a long driveway with parking for 4+ vehicles and a garage with excellent ADU potential. Furniture is negotiable, providing a turnkey option for investors. Located just blocks from the beach, top schools, and the shops and dining of Second Street, this is a rare opportunity to secure immediate income and long-term upside in one of Long Beach’s most desirable neighborhoods.

Additional Information

Appliances
Gas Range, Microwave, Refrigerator
Pool Description
None
Fireplace Description
Primary Bedroom
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$93,000
Operating Expense
12600

Listing courtesy of Listing Agent: Shannon Paul (shannon@zaiaestates.com) from Listing Office: Zaia Estates.

Listing sold by Kristina Burke from eXp Realty of California, Inc

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.