REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,570,500
Est. payment /mo
Active
744 Termino AVE Long Beach, CA 90804
5,675 Sqft Lot
UPDATED:
12/05/2024 02:25 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24432985
HOA Y/N No
Lot Size 5,675 Sqft
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!
Location
State CA
County Los Angeles
Area 3 - Eastside, Circle Area
Zoning LBR3S
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
New Construction No
Others
Senior Community No
Tax ID 7254021007
Financing Assumed,Conventional,Seller Financing
Special Listing Condition Standard
Listed by Maria Anderson • Phoenix RE Consulting