11 S Termino Avenue, Long Beach, CA 90803

$33,000,000
58,174
SqFt
List Price
$33,000,000
Status
ACTIVE
MLS#
PW19231556
Year Built
1964
Living Sq. Ft
58,174
Lot Size
35,014
Acres
0.8038
Lot Location
Lot 20000-39999 Sqft
Days on Market
14
Property Type
Multifamily
Neighborhood
Belmont Shore (Bsd)

Property Description

Welcome to Surf Terrace Apartments, a truly iconic 60-unit apartment building in the hidden gem beachside community known as Belmont Shore. Surf Terrace Apartments is perfectly situated along the Belmont Shore boardwalk, adjacent to Belmont Veterans Memorial Pier, providing many of the units with breathtaking ocean and pier views, while all of the residents are just steps to the sand. On the market for the first time ever, this once in a lifetime opportunity is desirably comprised of mostly 2 and 3-bedroom units. Surf Terrance apartments is just a half-mile from E. 2nd Street, a 15 block “main street” stretch offering quiet cafes, boutique shopping, countless dining options and a bustling nightlife that has something for everyone. Just 3 miles up the coast is Downtown Long Beach, a thriving hub that is experiencing a development boom, including a new civic center, an expanded aquarium, and updates to the iconic Queen Mary and surrounding retail. Surf Terrace is a staple of Belmont Shore and any investor will be proud to include it as part of their real estate portfolio.

Additional Information

Lot Description
Curbs, Storm Drains, Street Lights
Pool Description
Community
Garage Spaces Total
96
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Total Number of Units
60

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Damien Breaux from Morgan Skenderian

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.