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1315 Termino Avenue
Long Beach, CA 90804
Asking Price
$1.79M
Cap Rate
5.26%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Turn-Key | 5.30% CAP | Fourplex <ul><li>Fully Repositioned 4-Unit Multifamily Property</li><li>Existing Duplex Taken Down to the Studs & Renovated in 2024</li><li>(2) Brand-New Construction Units Added in 2024</li><li>Spacious 2 & 3 Bedroom Floorplans with High-End Finishes</li><li>Turn-Key Asset with Significant Recent Capital Improvements</li><li>Strong Rental Demand for Larger Units in Long Beach</li><li>Attractive Coastal-Adjacent Location Near Retail, Dining, &</li></ul>
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NOI
$80,000
Cap Rate
4.46%
DSCR
0.75
Underwater
Cash-on-Cash
-4.93%
Monthly Payment
$8,880.681
Annual Cash Flow
$-26,568.167
