NOT LISTED FOR SALE

1425 Termino Ave Long Beach, CA 90804

Bryant Neighborhood

Estimated Value: $1,034,000 - $1,200,161

4 Beds
3 Baths
2,136 Sq Ft
$527/Sq Ft Est. Value

Sale Details

Date Sold: November 14, 2018

Last sale price $815,000 $382 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,099 / mo

72 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • 2 Car Garage

About This Home

As of November 2018

Lyon | Stahl is pleased to present 1425 Termino Ave, a beautiful duplex located in Long Beach. This property has a unit mix consisting of (1) 3-bed/2-bath and (1) 1-bed/1-bath. The building is situated on a 6,770 SF lot with 2,136 SF of total living area. 1425 Termino features a garage for each unit as well as plenty of street parking. This property has recently put in new granite counter tops into both units and each unit boasts their own private yard. An incredible investment opportunity for an owner-occupied user, or someone looking to build their portfolio in an appreciating area. Expenses are estimated.

Last Agent to Sell the Property

Nico Rosmarin

Lyon Stahl Investment Real Estate, Inc. License #02023847 Listed on: 07/23/2018

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Janice Sadler

Redfin License #01359319

Redfin

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,770 Sq Ft Lot
  • No Units Located Below
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 2,136 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 5750
  • Assessor Parcel Number 7253012028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $738
  • Trash Expense $524
  • Water Sewer Expense $1,688
  • New Taxes Expense $10,486
  • Operating Expense $19,209
  • Gross Income $43,359
  • Net Operating Income $24,150

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

6,770 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 1688.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7253012028
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Below
  • Price Per Square Foot: 381.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 524.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6770.00
  • Lot Size Acres: 0.1554

Multi Family

  • Gross Income: 43359.00
  • Gross Operating Income: 43359.00
  • Gross Scheduled Income: 44700.00
  • Insurance Expense: 738.00
  • Lot Size Area: 6770.0000 Square Feet
  • Net Operating Income: 24150.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 19209.00
  • Rent Control: No
  • Total Actual Rent: 3575.00
  • Total Expenses: 19209.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 10486.00
  • Tax Census Tract: 5750.02
  • Tax Lot: 24
  • Tax Tract Number: 5750

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 11, 2018
Sold by
Bought by
Seller's Agent
Nico Rosmarin
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Janice Sadler
Redfin
List Price
$839,000
Sold Price
$815,000
Premium/Discount to List
-$24,000
-2.86%
Current Estimated Value
$1,125,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,540
Avg. Annual Appreciation
4.37%
Original Mortgage
$611,250
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
5.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$815,000 Progressive Title Company
-- None Available
-- None Available
-- None Available
$365,000 Natc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $611,250
Previous Owner $273,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $815,000 -2.9% $382 / Sq Ft
07/23/2018 07/23/18 For Sale $839,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,018 $909,142 $635,844 $273,298
2024 $11,509 $891,317 $623,377 $267,940
2023 $11,317 $873,841 $611,154 $262,687
2022 $10,622 $856,708 $599,171 $257,537
2021 $10,412 $839,911 $587,423 $252,488
2020 $10,384 $831,300 $581,400 $249,900
2019 $10,261 $815,000 $570,000 $245,000
2018 $6,618 $524,016 $338,131 $185,885
2016 $6,080 $503,669 $325,001 $178,668
2015 $5,836 $496,105 $320,120 $175,985
2014 $5,798 $486,388 $313,850 $172,538
Source: Public Records

Agents Affiliated with this Home

  • Nico Rosmarin

    Seller's Agent in 2018

    Nico Rosmarin

    Lyon Stahl Investment Real Estate, Inc.

    (310) 425-9838

    13 Total Sales

    Nico Rosmarin
    Section Image

  • J

    Buyer's Agent in 2018

    Janice Sadler

    Redfin

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18177485

California Regional Multiple Listing Service (CRMLS)

APN: 7253-012-028

California Los Angeles County Long Beach 90804 Bryant

1425 Termino Ave, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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