Long Beach, CA 90803,11 S Termino AVE
$28,600,000
$33,000,000
13.3%
Est.Price: ?

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58,174 SqFt

11 S Termino AVE Long Beach, CA 90803

Est. payment /mo
SOLD DATE : 12/04/2019

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Key Details

Sold Price $28,600,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 58,174 sqft

Price per Sqft $491

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW19231556

Sold Date 12/04/19

HOA Y/N No

Year Built 1964

Lot Size 0.804 Acres

Acres 0.8038

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.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Zoning LBPD2

Interior

Laundry Community

Exterior

Garage Spaces 96.0

Pool Community

Community Features Curbs, Storm Drains, Street Lights

Private Pool No

Building

Lot Description Lot 20000-39999 Sqft

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Lease Land No

Confidential INFO

BAC 1.25

TERMS Cash,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Damien Breaux

SHOW CONTACT PH (949) 251-8800

SHOW INSTRUCTIONS Contact Listing Broker, Damien Breaux, (949) 251-8800, For Full Marketing Brochure **Drive-By Only, Do Not Disturb Tenants

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CRMLS Plus
Listed by Morgan Skenderian
Bought with Keller Williams Pacific Estate
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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