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California>Long Beach>Recreation Park

924 Termino AvenueLong Beach, CA 90804

For Sale

$2,195,000

Smart Buyer Rebate $21,950

Pleased to present this well-maintained 8-unit multifamily property in Long Beach. Consisiting exclusively of single-story units, the property features a desirable unit mix, with two of the eight units recently renovated to include updated flooring and fresh interior paint. Operational efficiency and long term durability are supported by key system upgrades, including copper plumbing, updated electrical systems, and new electrical panels. The property also benefits from an on-site laundry facility, two single-car garages and two double-car garages.

A unique highlight of the property is a permitted storage area currently generating supplemental income from existing tenants. This space includes a bathroom and is equipped with plumbing, gas, and electrical, presenting an excellent opportunity for potential ADU conversion (buyer to verify), further increasing revenue potential.

Overall, this property combines recent upgrades, strong in-place income, and multiple avenues for future growth—making it an attractive addition to any multifamily portfolio.

Listed by Rick Applebaum

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License #01273871

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Morgan Skenderian

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rma@morganskenderian.com

Listed by Paul Espinosa

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License #01942627

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Morgan Skenderian

Last updated May 14, 2026

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Source: CRMLS #PW26102358

Listing Facts

  • TypeMulti-family
  • NeighborhoodRecreation Park
  • Days on Prevu33

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/14/2026
Listed by Morgan Skenderian
$2,195,000

Property Details for 924 Termino Avenue

Association

Amenities

  • Community Features: Biking, Curbs, Dog Park, Golf, Park, Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Stories Total: 1
  • Year Built: 1950
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: Street

Measurements

  • Building Area Total: 3,400
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,661
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,661
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.52
  • Gross Income: $200,318.00
  • Operating Expense: $51,093.00

Taxes

  • Parcel Number: 7254018002

Other

Location

  • Subdivision Name: Other
  • Tax Lot: 2

Parking

Parking

  • Garage Spaces: 6
  • Garage: Yes
  • Parking Total: 6

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 924 Termino Avenue.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 924 Termino Avenue.

How does 924 Termino Avenue compare to other multi-family homes in Recreation Park?

This multi-family home is listed 4% below the average price for multi-family homes in Recreation Park and has been on the market for 76 less days than the typical home in this area.

924 Termino Avenue is a -bedroom multi-family home for sale in Long Beach CA 90804. Available on Prevu for 33 days at $2,195,000. This home is located in Recreation Park. The median listing price for multi-family homes in this area is $1,750,000. The home offers parking. Explore more multi-family home listings in Long Beach.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.