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$1,050,000
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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.
Full Property Details
Full Property Details for 1031 Termino Ave
General
- Sold For: $1,050,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW25193780
- Added to Site: 197 day(s) ago
Interior
- Rooms/Areas: Living Room, Primary Bedroom
- Fireplace(s): Primary Bedroom
- Appliances: Gas Range, Microwave, Refrigerator
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 1
Location
- Area: 3 - Eastside, Circle Area
- County: Los Angeles
- Development Name: 3 - Eastside, Circle Area
- Driving Directions: 10th St to Termino
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,697
- Year Built: 1929
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.0935
- Lot Size Source: Assessor
- Zoning: LBR3S
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $618.74
- Price Per Unit: 525000
Listed by Zaia Estates, Shannon Paul
Sold by eXp Realty of California, Inc, Kristina Burke
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Schools
Schools serving 1031 Termino Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Bryant Elementary School, Long Beach, CA 4101 East Fountain Street, Long Beach, CA 90804 | K-5 | 0.3 mi |
Jefferson Leadership Academies School 750 Euclid Avenue, Long Beach, CA 90804 | 6-8 | 0.3 mi |
Wilson High School 4400 East 10th Street, Long Beach, CA 90804 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1031 Termino Ave
Date
Details
Price
Change
Source
10/15/2025
Sold
$1,050,000
—
MLS
9/05/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1031 Termino Avenue, Long Beach, CA 90804 (MLS# DW25193780) is a Multi-Family property that was sold at $1,050,000 on October 15, 2025. Want to learn more about 1031 Termino Avenue? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

