1345 Termino, Long Beach, CA 90804
1345 Termino, Long Beach, CA 90804
Property Description
Welcome to 1345 Termino Avenue, a charming 1923 Craftsman-style cottage with the historic character preserved; tucked away on a quiet cul-de-sac in the Eastside/Traffic Circle area of Long Beach. Short Distance to the beach and amenities. Private backyard patio. Two Cars parking options. This unique property offers something for everyone: an income-producing property for an investor, an opportunity for a contractor or developer looking toward the property's future potential or as a future home to live in later. No HOA RECENT IMPROVEMENTS: Roof replaced in 2022, Most plumbing updated in 2023/2024, Some electrical wiring replaced in 2022, Attic insulation, Garage door replaced with a newer roll-up door For investors, this property offers an important advantage: there is an existing lease that transfers with the sale. The property is zoned LBR2N, identified in current listing information as 2-Unit Residential. The property's zoning and applicable California housing laws may provide opportunities for additional residential development, but buyers should independently verify allowable density, unit count, setbacks, parking, ADU/JADU possibilities, and all other development requirements with the City of Long Beach. For the contractor/developer: A strategically located LBR2N property where zoning and current regulations may create opportunities to explore additional residential units or future development, subject to city approval. For the long-term investor: The ability to hold the existing property and income while studying future development possibilities1345 Termino Avenue — a piece of Long Beach history with income potential and possibilities for the future. Buyer to independently verify all zoning, development potential, allowable units, parking requirements, ADU/JADU eligibility, permits, dimensions, square footage, and other property information with the City of Long Beach and appropriate professionals. Development possibilities are subject to applicable laws, regulations, approvals, and permits. Offers made subject to inspection. Existing Lease transfers with sale. Seller will consider cooperating with buyer's 1031 exchange at no expense to seller. No Homeowners Association.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Long Beach · Single Family Residence
Listed 31.8% above the median closed sale of $645,000. Price per sqft ($1,426) is a 43% premium to closed comps ($994).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 345 53rd | Long Beach | 1923 | 2 | 1 | 680 | 3,116 | $868 | $589,900 | 67 | 90 |
| 1045 New York | Long Beach | 1922 | 1 | 1 | 649 | 1,856 | $847 | $550,000 | 43 | 90 |
| 125 68th Way | Long Beach | 1924 | 1 | 1 | 558 | 2,885 | $984 | $549,000 | 70 | 89 |
| 2412 Gale Avenue | Long Beach | 1924 | 2 | 1 | 781 | 2,622 | $832 | $650,000 | 3 | 89 |
| 1819 Cerritos Avenue | Long Beach | 1924 | 1 | 1 | 516 | 1,602 | $1,025 | $529,000 | 7 | 89 |
| Total: 5 · Average | 1.4 | 1.0 | 636.8 | 2,416.2 | $911.2 | $573,580 | 38 | |||
| Median | 649 | $550,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1335 Termino Avenue | Long Beach | 1923 | 10/01/2026 | 2 | 1 | 512 | 2,516 | $480,000 | $460,000 | $898 | 0.96 | 42 | 95 |
| 329 Eliot | Long Beach | 1923 | 09/16/2026 | 1 | 1 | 557 | 2,520 | $765,000 | $779,000 | $1,399 | 1.02 | 71 | 93 |
| 2324 14th | Long Beach | 1923 | 08/31/2026 | 2 | 1 | 568 | 1,136 | $489,900 | $493,000 | $868 | 1.01 | 123 | 92 |
| 2154 E. 14th St | Long Beach | 1920 | 08/20/2026 | 2 | 1 | 720 | 2,604 | $645,000 | $645,000 | $896 | 1.00 | 35 | 91 |
| 2788 14th Street | Long Beach | 1922 | 10/01/2026 | 2 | 1 | 734 | 2,097 | $700,000 | $668,500 | $911 | 0.95 | 154 | 91 |
| Total: 5 · Average | 1.8 | 1.0 | 618.2 | 2,174.6 | $609,100 | $609,100 | $994.4 | — | 85 | ||||
| Median | 568 | $645,000 | $645,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.