Property Detail

Description

Welcome to 1345󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂁󠂠󠃢󠂁󠂡󠃢󠂁󠂢󠃢󠂀󠂋 Termino Avenue, a charming 1923 Craftsman-style cottage with the historic character preserved; tucked away on a quiet cul-de-sac in the Eastside/Traffic Circle area of Long Beach. Short Distance to the beach and amenities. Private backyard patio. Two Cars parking options. This unique property offers something for everyone: an income-producing property for an investor, an opportunity for a contractor or developer looking toward the property's future potential or as a future home to live in later. No HOA RECENT IMPROVEMENTS: Roof replaced in 2022, Most plumbing updated in 2023/2024, Some electrical wiring replaced in 2022, Attic insulation, Garage door replaced with a newer roll-up door For investors, this property offers an important advantage: there is an existing lease that transfers with the sale. The property is zoned LBR2N, identified in current listing information as 2-Unit Residential. The property's zoning and applicable California housing laws may provide opportunities for additional residential development, but buyers should independently verify allowable density, unit count, setbacks, parking, ADU/JADU possibilities, and all other development requirements with the City of Long Beach. For the contractor/developer: A strategically located LBR2N property where zoning and current regulations may create opportunities to explore additional residential units or future development, subject to city approval. For the long-term investor: The ability to hold the existing property and income while studying future development possibilities1345 Termino Avenue a