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119 Termino

Long Beach, CA 90803
  • $2,750,000
  • STATUS: Active Under Contract
  • ON SITE: 39 Days
  • ID#: PW22103502
Under Contract
UPDATED: 61 min ago
$2,750,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
2005
County:

School Ratings & Info

Listing Agent(s): Gerald Andis of Coldwell Banker Realty (562-494-4600)


Description

Absolutely 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 master upstairs suite has a FP and balcony and beautiful master 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 steps away. Two truly outstanding homes in a premium location of Belmont Heights !

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T22:25:19.96. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
www.homefinderorangecounty.com/homes/129170880
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119 Termino Long Beach, CA 90803

  • Price: $2,750,000
  • Status: Active Under Contract
  • On Site: 39 Days
  • Updated: 61 min ago
  • ID#: PW22103502
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2005
Built
Neighborhood:
2 - Belmont Heights, Alamitos Heights
County:
Los Angeles
Area:
2 - Belmont Heights, Alamitos Heights
Property Description
Absolutely 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 master upstairs suite has a FP and balcony and beautiful master 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 steps away. Two truly outstanding homes in a premium location of Belmont Heights !
Exterior Features

Architectural Style Mediterranean Construction Materials Drywall Exterior Features BarbecueKoi Pond Fencing Good ConditionWood Foundation Details Slab Lot Features BluffFront YardGardenLandscapedRolling SlopeSprinkler System Number Of Separate Electric Meters 2 Open Parking Spaces 2 Parking Features Door-SingleGarageGarage Door OpenerGarage Faces RearOne Space Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof CompositionFlatRolled/Hot Mop Spa Features None Spa YN No View OceanPanoramicPeek-A-Boo View YN Yes

Interior Features

Accessibility Features Parking Appliances Built-In RangeDishwasherGas CooktopGas OvenGas RangeGas Water HeaterRefrigeratorWater Heater Common Walls No Common Walls Cooling Central AirWall/Window Unit(S) Cooling YN Yes Door Features Mirrored Closet Door(S)Sliding Doors Fireplace Features Living RoomMaster BedroomOutside Fireplace YN Yes Flooring CarpetTileWood Heating Central Heating YN Yes Interior Features Ceiling Fan(S)Granite CountersHigh CeilingsStone CountersRecessed LightingWired For SoundBedroom On Main LevelWalk-In PantryWalk-In Closet(S) Window Features Plantation ShuttersScreensShutters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSuburban Current Financing Conventional Disclosures Coastal Commission RestrictionsCoastal Zone Electric 220 Volts in Garage220 Volts in Laundry Electric Expense 3967 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 150000 Inclusions All Storage ShedsKoi Pond With FishStereo Surround Sound Equipment . Back Units Come Fully Furnished Insurance Expense 2000 Land Lease YN No Laundry Features InsideLaundry ClosetIn GarageUpper Level Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Maintenance Expense 3600 Net Operating Income 135636 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 1 Operating Expense 14364 Pest Control Expense 660 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Duplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesGasSewerTrash CollectionWater Total Actual Rent 10237 Trash Expense 660 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedOverhead Utilities Vacancy Allowance Rate 3 Water Sewer Expense 3477 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-07-04T22:25:19.96. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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Mission Viejo CA, 92691
Listing Agent(s): Gerald Andis of Coldwell Banker Realty (562-494-4600)