$1,110,000
SOLD OCT 6, 2025
3 Beds
3 Baths
1,600 Sq Ft
1,883 Sq Ft Lot

Recently Sold

$694 Per Sq Ft

1% Above List Price

10 Days on Market

Highlights

  • Open Floorplan
  • Property is near park
  • High Ceiling
  • Woodrow Wilson High School Rated A
  • Traditional Architecture
  • Quartz Countertops

About This Home

As of October 2025

1401 Termino Avenue is a turnkey, move-in ready duplex investment opportunity, recently renovated and ideally situated on a sunny 1,883 sqft corner lot in a sought-after residential neighborhood. The property features two upgraded units totaling 1,600 sqft: a spacious front unit with 2 bedrooms and 2 bathrooms, and a rear unit with 1 bedroom and 1 bathroom, both thoughtfully remodeled for modern living. Each unit includes stainless steel kitchen appliances, stackable washer and dryer, and and in-unit washer/dryer hookups for added convenience. The building showcases laminate flooring throughout, double-paned windows, central heat and air conditioning, and contemporary modern lighting fixtures throughout. The duplex is ideal for owner-occupants, multi-generational households, or investors seeking strong rental demand, offering an excellent walk score of 82 and proximity to schools, shopping, and major transportation routes With no HOA and updated systems, this property delivers low-maintenance ownership and instant rental appeal. Don't miss one of Long Beach’s best residential income values in the coveted Traffic Circle area—a true turnkey, multi-family asset ready for short term or longer term occupancy and immediate cash flow as both units will be delivered vacant. All furniture, decorative items and some kitchenware is also negotiable.

Last Agent to Sell the Property

Sam Xavier

Redfin Corporation Brokerage Phone: 310-866-7598 License #01449986 Listed on: 09/04/2025

Last Buyer's Agent

Jessica Lee

Circa Properties, Inc. License #02122960

Circa Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 1,883 Sq Ft Lot
  • No Common Walls
  • Southeast Facing Home
  • Wood Fence
  • Redwood Fence
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Living Room
  • Utility Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • No Interior Steps

Location

  • Property is near park
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7253012004

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Circle Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,752
  • Fuel Expense $1,000
  • Insurance Expense $1,000
  • Trash Expense $548
  • Water Sewer Expense $360
  • New Taxes Expense $13,750
  • Operating Expense $18,782
  • Gross Income $94,800
  • Net Operating Income $76,018

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.91
  • Inclusions: S/S Refrigerator, Stove, Microwave, Dishwasher, Stackable Washer and Dryer in the Outside Laundry Room Next to the 2BR/2BTH Unit North Side Yard.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Bryant Subdivision
  • View: Yes
  • Water Sewer Expenses: 360.00
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7253012004
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, High Ceilings, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 693.75
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Utility Room
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Direction Faces: Southeast
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Redwood, Wood
  • Pool Private: No
  • Roof: Composition, Flat, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, Individual Room, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 548.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 1883.00
  • Lot Size Acres: 0.0432

Rental Info

  • Tenant Pays: None

Multi Family

  • Average1 Bed Area: 700 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Electric Expense: 1752.00
  • Fuel Expense: 1000.00
  • Gross Income: 94800.00
  • Gross Multiplier: 11.60
  • Gross Scheduled Income: 94800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 1883.0000 Square Feet
  • Net Operating Income: 76018.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5032.00
  • Rent Control: No
  • Total Actual Rent: 7900.00
  • Total Expenses: 18782.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Census Tract: 5750.02
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2025
Closed on
Nov 25, 2025
Sold by
Simeone Anthony Lloyd and Simeone Esther Kang
Bought by
Kang Simeone Llc
Seller's Agent
Sam Xavier
Redfin Corporation
Buyer's Agent
Jessica Lee
Circa Properties, Inc.
List Price
$1,100,000
Sold Price
$1,110,000
Premium/Discount to List
$10,000
0.91%
Views
16
Current Estimated Value
$1,071,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,676
Avg. Annual Appreciation
-0.68%
Original Mortgage
$824,952
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2025
Closed on
Oct 1, 2025
Sold by
Chen Alexander and Nguyen Pheobe
Bought by
Simeone Anthony Lloyd and Simeone Esther Kang
Seller's Agent
Sam Xavier
Redfin Corporation
Buyer's Agent
Jessica Lee
Circa Properties, Inc.
List Price
$1,100,000
Sold Price
$1,110,000
Premium/Discount to List
$10,000
0.91%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,952
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2019
Closed on
Apr 11, 2019
Sold by
Lambert Matthew H
Bought by
Chen Alexander and Nguyen Pheobe
Seller's Agent
Matthew Lambert
Buckingham Investments, Inc
Buyer's Agent
Matthew Lambert
Buckingham Investments, Inc
List Price
$810,000
Sold Price
$790,000
Premium/Discount to List
-$20,000
-2.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$632,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2017
Sold by
Fernandes Debra E
Bought by
Lambert Matthew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,235
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2013
Sold by
Fernandes Debra E
Bought by
The Janet L Edwards Trust

Purchase Details

Closed on
Nov 13, 2006
Sold by
Edwards Janet L
Bought by
Edwards Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
8.4%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 17, 2006
Sold by
Edwards Janet
Bought by
Edwards Janet L and Fernandes Debra E

Purchase Details

Closed on
May 30, 1997
Sold by
Barbosa Francisco J
Bought by
Edwards Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,495
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1997
Sold by
State Street Bank & Trust Co
Bought by
Barbosa Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,495
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 21, 1997
Sold by
Torta Ronald
Bought by
State Street Bank & Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Gift Deed -- Accommodation/Courtesy Recordi
Grant Deed $1,110,000 Title Forward Of California
Grant Deed $790,000 Ticor Title Company Of Ca
Grant Deed $465,000 Pct
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity Natl Title Ins Co
Interfamily Deed Transfer -- None Available
Grant Deed $165,000 Commonwealth Land Title Co
Grant Deed $74,000 Old Republic Title
Trustee Deed $151,775 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $824,952 New Conventional
Previous Owner $632,000 New Conventional
Previous Owner $596,235 FHA
Previous Owner $412,000 Negative Amortization
Previous Owner $161,495 FHA
Previous Owner $85,200 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2025 10/06/25 Sold $1,110,000 +0.9% $694 / Sq Ft
09/14/2025 09/14/25 Pending -- -- --
09/04/2025 09/04/25 For Sale $1,100,000 +39.2% $688 / Sq Ft
05/07/2019 05/07/19 Sold $790,000 -2.5% $494 / Sq Ft View Prior Sale
04/04/2019 04/04/19 For Sale $810,000 +74.2% $506 / Sq Ft
04/13/2017 04/13/17 Sold $465,000 -18.4% $291 / Sq Ft View Prior Sale
11/21/2016 11/21/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $569,900 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,130 $881,255 $613,533 $267,722
2024 $11,130 $863,976 $601,503 $262,473
2023 $10,944 $847,036 $589,709 $257,327
2022 $10,267 $830,429 $578,147 $252,282
2021 $10,066 $814,147 $566,811 $247,336
2019 $6,217 $483,786 $338,130 $145,656
2018 $6,049 $474,300 $331,500 $142,800
2016 $2,007 $148,350 $40,454 $107,896
2015 $1,932 $146,123 $39,847 $106,276
2014 $1,929 $143,262 $39,067 $104,195
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25198867

California Regional Multiple Listing Service (CRMLS)

APN: 7253-012-004