744 Termino Ave, Long Beach, CA 90804 - View 1
744 Termino Ave, Long Beach, CA 90804 - View 2
744 Termino Ave, Long Beach, CA 90804 - View 3
744 Termino Ave, Long Beach, CA 90804 - View 4

744 Termino Ave, Long Beach, CA 90804

List Price: $1,570,500On Market FlagOn market
Aug 28, 2024672 sqft2 beds1 baths
Listed by: Maria Anderson
License #: 01874132
Phone #: 323-363-7597
Phoenix RE Consulting
Source:
CRMLS Logo
MLS #: 24432985

Property Description

ATTENTION DEVELOPERS AND INVESTORS! Prime Opportunity at 744 Termino Ave in one of Long Beach's most sought-after neighborhoods. This property offers approved plans (RTI - Ready to Issue permits) for a new two-story duplex, featuring four bedrooms in each unit plus an additional 2-bedroom ADU in the rear perfect for maximizing rental income. With no rent control in place, the potential for profit is substantial. Plus, the project is ready to break ground with no underground parking required, simplifying construction and reducing costs. Seller financing may be available, making this an even more attractive investment. Don't miss out on this rare opportunity to develop in a rapidly appreciating area. Act now to secure this high-potential property!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,388

TurboHome Estimated Value

$1,031,500

$1,535 sqft

High Valuation
$1,083,075
$1612/sqft
Normal Valuation
$1,031,500
$1535/sqft
Low Valuation
$979,925
$1458/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1535/sqft$1,031,500

Neighborhood: East Side

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Comparative Value

$686K

$818K

$963K

$1.04M

$1.57M

4218 E Elko St, Long Beach, CA 90814

Sale Price: $685,500

Selected Comparable

1208 Mira Mar Ave, Long Beach, CA 90804

Sale Price: $818,000

Selected Comparable

1080 Euclid Ave, Long Beach, CA 90804

Sale Price: $830,000

Selected Comparable

318 Eliot Ln, Long Beach, CA 90814

Sale Price: $963,000

Selected Comparable

4218 E 3rd St, Long Beach, CA 90814

Sale Price: $1,045,000

Selected Comparable

744 Termino Ave, Long Beach, CA 90804

List Price: $1,570,500

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
744 Termino Ave, Long Beach, CA 90804

744 Termino Ave, Long Beach, CA 90804

List: $1,570,500

Listed: 8/28/2024

Area:672 sqft
Price/sqft:$2,337
Beds:2
Baths:1
Year Built:
Lot Size:5,675

Comparable Properties

COMPARABLE
Choose comps
4218 E 3rd St, Long Beach, CA 90814

4218 E 3rd St, Long Beach, CA 90814

Sale: $1,045,000

6/27/20250.58 mi

Area:740 sqft
Price/sqft:$1,412
Beds:2
Baths:1
Year Built:
Weight:21.8%
4218 E Elko St, Long Beach, CA 90814

4218 E Elko St, Long Beach, CA 90814

Sale: $685,500

5/6/20250.21 mi

Area:814 sqft
Price/sqft:$842
Beds:2
Baths:1
Year Built:
Weight:20.7%
1080 Euclid Ave, Long Beach, CA 90804

1080 Euclid Ave, Long Beach, CA 90804

Sale: $830,000

5/14/20250.36 mi

Area:702 sqft
Price/sqft:$1,182
Beds:2
Baths:2
Year Built:
Weight:20.1%
318 Eliot Ln, Long Beach, CA 90814

318 Eliot Ln, Long Beach, CA 90814

Sale: $963,000

2/14/20250.77 mi

Area:795 sqft
Price/sqft:$1,211
Beds:2
Baths:1
Year Built:
Weight:19.0%
1208 Mira Mar Ave, Long Beach, CA 90804

1208 Mira Mar Ave, Long Beach, CA 90804

Sale: $818,000

1/24/20250.41 mi

Area:850 sqft
Price/sqft:$962
Beds:2
Baths:1
Year Built:
Weight:18.3%

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