11 S Termino Avenue $28,600,000

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    11 S Termino Avenue Long Beach, CA 90803

    Closed
    SOLD 12/4/2019

    $28,600,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 58,174 sq.ft.
    • Multi-Family
    • MLS# PW19231556
    Favorite Share
    Views: 121 Days On Market: 55

    Property Details

    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.

    • General Features
      • Number Of Separate Water Meters 1
      • Number Of Separate Electric Meters 61
      • Number Of Separate Gas Meters 61
      • Number Of Units Total 60
      • Year Built 1964
      • Subdivision Name Belmont Shore (BSD)
      • County Or Parish Los Angeles
      • Number Of Buildings 1
      • Community Features Curbs, Storm Drains
    • Building Features
      • Laundry Features Community
    • Property Features
      • Lot Size Acres 0.8
      • Lot Features Lot 20000-39999 Sqft
      • Pool Private Y/N 0
      • Pool Features Community
      • Parking Total 96.00

    Neighborhood

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    Market Last 30 Days

    Market information available exclusively for Property Watch members

    Property History

    Date Event Price Percent Change
    -- New in Database Source
    12/4/2019 12:00:00 AM Sold Source New Value: $28,600,000
    11/6/2019 4:18:45 PM Status Changed Source New Value: Pending

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    Based on information from California Regional Multiple Listing Service, Inc. as of 1/29/2020 3:48:46 AM. 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.