$1,150,000
-$50,0001062 Termino Avenue, Long Beach CA 90804
Multi-Family (4 Units)
Property type
52 days
On market
$427
Price per sqft
1 car
Garage
1957
Year built
5,934 sqft
Lot size
Home highlights
Open Houses
Overview
The property consists of a three-unit structure comprised of 2 one-bed/one-bath units and 1 two-bed/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.
Listing provided by: Tyler Leeson DRE #01451551 949-419-3326, Marcus & Millichap RE Invest
Listing updated: Jun 8, 2026 at 11:48pm.
Last checked: Jun 14, 2026 at 01:30am
Source: CRMLS #OC26089593
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $1,766 | $1,766 | $2,395 | Unfurnished |
| 1 | 1 | 1 | — | $1,926 | $1,926 | $1,895 | Unfurnished |
| 1 | 1 | 1 | — | $1,605 | $1,605 | $1,895 | Unfurnished |
| 1 | 2 | 1 | — | $1,819 | $1,819 | $2,395 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Units Leased: 4
Total Actual Rent: $6,650
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
4.45%
NOI / List Price
Gross Scheduled Income: $85,386
Vacancy Allowance: $2,562
Vacancy Allowance Rate: 5%
Operating Expense: $31,723
Net Operating Income: $51,216
Annual Operating Expenses
Electric: $732
Fuel: $732
Insurance: $5,889
Maintenance: $4,000
New Taxes: $14,595
Trash: $732
Water / Sewer: $732
Interior
Laundry: Common Area
Entry Location: First Level
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Landscaped
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Garage, Shared Driveway
Garage Spaces: 1
Parking Total: 1
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 7254008010
Additional Parcels: No
Tax Lot: 83
Subdivision: Eastside (ES)
Community
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 1062 Termino Avenue, Long Beach, CA 90804. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$920,000
Total Interest
$1,173,409
Total Payment
$2,093,409
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,163
per month
Property History for 1062 Termino Avenue
Long Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90804.
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