J
Seller's Agent in 2022
Jerry Andis
Coldwell Banker Realty
(562) 895-0675
4 in this area
11 Total Sales
119 Termino Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,596,000 - $3,344,000
7
Beds
5
Baths
4,459
Sq Ft
$639/Sq Ft
Est. Value
Highlights
- Ocean View
- Koi Pond
- Fireplace in Primary Bedroom
- Fremont Elementary School Rated A
- Primary Bedroom Suite
- Wood Flooring
About This Home
As of August 2022Absolutely gorgeous Mediterranean style home two-on-a-lot (duplex) in a prime location in Belmont Heights just steps from the ocean and beaches and Belmont Shore many restaurants. The stunning 3 bedroom 3 bath two story home in the front is the primary residence (2,363 sq ft estimated), 119 Termino Ave built in 2005. The main front home has been beautifully maintained and features a grand entry elegant wood staircase with 20 foot ceilings and an open concept great room with built in entertainment center and a custom kitchen with bar seating. The backyard is an entertainers paradise with lush foliage, natural gas outdoor fireplace and built-in barbecue and unique Koi pond. On the second floor of the main front home a spiral staircase leads to an amazing rooftop deck offering 360 degree views and ocean views. The primary bedroom upstairs suite has a FP and balcony and beautiful prinary bath and large walk-in closet.
The back home can be used as one house and features 4 bedrooms and 3 baths (2,096 sq ft estimated) or can be used as 2 bed/2 bath upper unit and 2 bed/1 bath lower unit as they have a connecting stairwell that can be locked off from either floor. The income potential on the rear home is very attractive as one unit can be rented full time and the other can be used as Airbnb as both units have well established Airbnb income. The ideas are limitless , live in front house and rent out the 2 bedroom 1 bath rear unit and then run the 2 bedroom 2 bath upper rear unit as an Airbnb.
This duplex property is also perfect for a multi family situation where you need to care for parents and have your own private space in the main house plus rental income.
The total square footage of the property is 4549 sq foot on a full size 6500 sq foot Belmont Heights lot. The home has two private 1 car garages with parking on the apron in the alley access garage for another 2 cars. This is an outstanding property and a great investment for living in prime Belmont Heights and close access to the Belmont Shore and the ocean just a block away. Two truly outstanding homes in a premium location of Belmont Heights !
Last Agent to Sell the Property
Coldwell Banker Realty License #01423052 Listed on: 05/25/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2005
Lot Details
- 6,500 Sq Ft Lot
- Lot Dimensions are 50 x 130
- No Common Walls
- Wood Fence
- Fence is in good condition
- Landscaped
- Lot Has A Rolling Slope
- Sprinkler System
- Garden
- Front Yard
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Single Garage Door
- Garage Door Opener
- Parking Lot
Property Views
- Ocean
- Panoramic
- Peek-A-Boo
- Bluff
Home Design
- Duplex
- Mediterranean Architecture
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Fire Rated Drywall
- Rolled or Hot Mop Roof
- Composition Roof
Interior Spaces
- 4,459 Sq Ft Home
- 2-Story Property
- Wired For Sound
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Plantation Shutters
- Window Screens
- Sliding Doors
- Formal Entry
- Living Room with Fireplace
- Home Office
Kitchen
- Walk-In Pantry
- Gas Oven
- Built-In Range
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Mirrored Closets Doors
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Garage
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Koi Pond
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Overhead Utilities
- 220 Volts in Garage
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Accessible Parking
- Suburban Location
Listing and Financial Details
- Tenant pays for all utilities, gas, sewer, trash collection, water
- Legal Lot and Block 11 / 32
- Tax Tract Number 1
- Assessor Parcel Number 7256010012
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $3,967
- Insurance Expense $2,000
- Maintenance Expense $3,600
- Pest Control $660
- Trash Expense $660
- Water Sewer Expense $3,477
- Operating Expense $14,364
- Net Operating Income $135,636
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2022
Closed on
Jun 14, 2022
Sold by
Schriver Eric J and Schriver Fernando A
Bought by
Ghattas Family Living Trust and Ghattas
Seller's Agent
Jerry Andis
Coldwell Banker Realty
Buyer's Agent
Edward Barrios
Vista Sotheby's International Realty
List Price
$2,750,000
Sold Price
$2,862,500
Premium/Discount to List
$112,500
4.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,257
Avg. Annual Appreciation
-0.15%
Original Mortgage
$2,000,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 10, 2020
Sold by
Schriver Eric J and Biscarra Fernando A
Bought by
Schriver Eric J and Biscarra Fernando A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 2014
Sold by
Biscarra Fernando A and Fernando A Biscarra Revocable
Bought by
Schriver Eric J and Biscarra Fernando A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,800
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2011
Sold by
Schriver Eric J and Biscarra Fernando A
Bought by
Schriver Eric J and Biscarra Fernando A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,100
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 31, 2007
Sold by
Biscarra Fernando A
Bought by
Biscarra Fernando A and Fernando A Biscarra Revocable
Purchase Details
Closed on
Aug 25, 2003
Sold by
Curry Mathew J
Bought by
Rodriguez Norma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 2003
Sold by
Rodriguez Norma
Bought by
Schriver Eric J and Biscarra Fernando A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 2003
Sold by
Curry John Michael and John Michael Curry Trust
Bought by
Rodriguez Norma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 24, 2003
Sold by
Curry John M and The Ann Simms 1999 Declaration
Bought by
Rodriguez Norma
Purchase Details
Closed on
Nov 14, 2001
Sold by
Curry John
Bought by
Curry John Michael and John Michael Curry Trust
Purchase Details
Closed on
Feb 5, 2001
Sold by
Curry John M and The Ann Simms 1999 Declaration
Bought by
Curry John
Purchase Details
Closed on
Dec 23, 1999
Sold by
Curry John M and Simms Ann
Bought by
Curry John M and The Ann Simms 1999 Declaration
Purchase Details
Closed on
Aug 30, 1999
Sold by
Curry John M and Ann Simms 1999 Declaration Of
Bought by
Curry John M and Simms Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.47%
Purchase Details
Closed on
Jun 22, 1999
Sold by
Simkovitz A and Simms Ann
Bought by
Curry John M and Ann Simms 1999 Declaration Of
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ghattas Family Living Trust | $2,862,500 | Equity Title | |
| Schriver Eric J | -- | First American Title Company | |
| Schriver Eric J | -- | Orange Coast Title Company | |
| Schriver Eric J | -- | Lsi | |
| Biscarra Fernando A | -- | None Available | |
| Rodriguez Norma | -- | Southland Title | |
| Schriver Eric J | $760,000 | Southland Title | |
| Rodriguez Norma | -- | -- | |
| Rodriguez Norma | -- | Old Republic Title Company | |
| Curry John Michael | -- | Old Republic Title Company | |
| Curry John | -- | -- | |
| Curry John M | -- | Old Republic Title Company | |
| Curry John M | -- | Stewart Title | |
| Curry John M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ghattas Family Living Trust | $2,000,000 | |
| Previous Owner | Schriver Eric J | $738,000 | |
| Previous Owner | Schriver Eric J | $811,800 | |
| Previous Owner | Schriver Eric J | $804,100 | |
| Previous Owner | Schriver Eric J | $608,000 | |
| Previous Owner | Curry John M | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2022 08/02/22 | Sold | $2,862,500 | +4.1% | $642 / Sq Ft |
| 06/09/2022 06/09/22 | Pending | -- | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $2,750,000 | -- | $617 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $36,847 | $2,978,145 | $1,935,144 | $1,043,001 |
| 2024 | $36,847 | $2,919,750 | $1,897,200 | $1,022,550 |
| 2023 | $36,329 | $2,862,500 | $1,860,000 | $1,002,500 |
| 2022 | $16,813 | $1,363,464 | $535,910 | $827,554 |
| 2021 | $16,485 | $1,336,730 | $525,402 | $811,328 |
| 2020 | $16,441 | $1,323,224 | $520,015 | $803,209 |
| 2019 | $16,250 | $1,297,283 | $509,819 | $787,464 |
| 2018 | $15,589 | $1,254,206 | $499,823 | $754,383 |
| 2016 | $14,328 | $1,205,314 | $480,415 | $724,899 |
| 2015 | $13,744 | $1,187,210 | $473,199 | $714,011 |
| 2014 | $13,637 | $1,163,955 | $463,930 | $700,025 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Andis
-
Edward Barrios
Buyer's Agent in 2022
Edward Barrios
Vista Sotheby's International Realty
(310) 200-1507
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22103502
APN: 7256-010-012
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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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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