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924 Termino Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building located in Long Beach California
- Asset comprises a total of eight individual residential units
- Property offered for sale at a price of 2195000 dollars
- Investment currently produces a cap rate of 6.52 percent
- Well positioned within the 90804 zip code area
What's Special
Long Beach continues to serve as a vital coastal hub within the Los Angeles metropolitan area, characterized by its robust rental demand and proximity to major employment centers. Positioned in the 90804 zip code, this multifamily apartment building at 924 Termino Avenue provides a strategic asset for investors looking to capture value in a well-established residential submarket. The property features eight units, making it an manageable scale for portfolios seeking steady cash flow in a dense urban environment. Investors may find this site particularly well-suited for long-term hold strategies given the historical stability of the Southern California rental market. The configuration supports conventional apartment operations, catering to a diverse tenant base that values regional connectivity and local amenities. With a reported cap rate of 6.52%, this acquisition represents a clear income-producing opportunity in one of California’s most resilient coastal cities.
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