$1,200,000
1062 Termino Avenue, Long Beach CA 90804
Multi-Family (4 Units)
Property type
42 days
On market
$445
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 3, 2026 at 10:59pm.
Last checked: Jun 3, 2026 at 11:30pm
Source: CRMLS #OC26089593
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $1,650 | $1,650 | $2,395 | Unfurnished |
| 1 | 1 | 1 | — | $1,800 | $1,800 | $1,895 | Unfurnished |
| 1 | 1 | 1 | — | $1,500 | $1,500 | $1,895 | Unfurnished |
| 1 | 2 | 1 | — | $1,700 | $1,700 | $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
15.5x
List Price / Annual Gross Rent
Cap Rate
3.76%
NOI / List Price
Gross Scheduled Income: $77,406
Vacancy Allowance: $2,394
Operating Expense: $32,357
Net Operating Income: $45,164
Annual Operating Expenses
Electric: $732
Fuel: $732
Insurance: $5,889
Maintenance: $4,000
New Taxes: $15,229
Trash: $732
Water / Sewer: $732
Other Expense: $4,308
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
$960,000
Total Interest
$1,224,427
Total Payment
$2,184,427
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,468
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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