See all 4 photos
$1,570,500
Est. payment /mo
5,675 Sqft Lot
Active
744 Termino Ave Long Beach, CA 90804
UPDATED:
09/05/2024 07:01 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-432985
Lot Size 5,675 Sqft
Acres 0.1303
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 Eastside, Circle Area
Zoning LBR3S
Exterior
Waterfront Description None
View Y/N No
View None
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Phoenix RE Consulting