NOT LISTED FOR SALE

924 Termino Ave Unit 9 Long Beach, CA 90804

Recreation Park Neighborhood
9 Beds
9 Baths
3,400 Sq Ft
7,661 Sq Ft Lot

Last Sold March 04, 2024

Last sale price $2,212,445 $651 Per Sq Ft

Highlights

  • Neighborhood Views
  • Laundry Room
  • 1-Story Property
  • Fremont Elementary School Rated A
  • More Than Two Accessible Exits

About This Home

As of March 2024

924 Termino has manicured landscaping, and a designer/owner's touch on redone units and offers an attractive unit-mix consisting of 8 units and 1 permitted storage with a bathroom. The storage space has plumbing, gas and electrical perfect for an ADU conversion. The building has 8 garages, and has copper plumbing, electrical upgrades, new electrical panel with permits.
Seller Carry with 25-30% down payment.

Last Agent to Sell the Property

Johnny Chacon

Buckingham Investments, Inc License #01966177 Listed on: 02/12/2024

Last Buyer's Agent

Johnny Chacon

Buckingham Investments, Inc License #01966177 Listed on: 02/12/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,661 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 3,400 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Additional Features

  • More Than Two Accessible Exits
  • No Utilities

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 2
  • Assessor Parcel Number 7254018002

Community Details

Overview

  • 3 Buildings
  • 9 Units
  • Alamitos Heights Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $495
  • Insurance Expense $2,001
  • Professional Management Expense $11,513
  • Water Sewer Expense $1,898
  • Operating Expense $109,411
  • Gross Income $168,258
  • Net Operating Income $108,348

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 288889
  • Professional Management Expense: 11513.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Alamitos Heights (AH)
  • View: Yes
  • Water Sewer Expenses: 1898.00
  • Zoning: LBR3S
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7254018002
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Accessibility Features: 2+ Access Exits
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 650.72

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: None
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7661.00
  • Lot Size Acres: 0.1759

Multi Family

  • Electric Expense: 495.00
  • Gross Income: 168258.00
  • Gross Scheduled Income: 174840.00
  • Insurance Expense: 2001.00
  • Lot Size Area: 7661.0000 Square Feet
  • Net Operating Income: 108348.00
  • Number Of Rented Garages: 8
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 9
  • Operating Expense: 59900.00
  • Rent Control: No
  • Total Expenses: 109411.00

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 2
  • Tax Tract Number: 2

Range of Values:

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

Property History

Date Event Price Change Sq Ft Price
03/04/2024 03/04/24 Sold $2,212,445 -14.9% $651 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $2,600,000 -- $765 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Johnny Chacon

    Seller's Agent in 2024

    Johnny Chacon

    Buckingham Investments, Inc

    (310) 982-7055

    1 in this area

    10 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24029959

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Long Beach 90804 Recreation Park

924 Termino Ave Unit 9, Long Beach, CA

This home is located at 924 Termino Ave Unit 9, Long Beach, CA 90804 since 12 February 2024. This property was built in 1950. 924 Termino Ave Unit 9 is a home located in Los Angeles County with nearby schools including Fremont Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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

Nearby Homes