Long Beach, CA 90803,11 S Termino AVE
Long Beach, CA 90803,11 S Termino AVE
Long Beach, CA 90803,11 S Termino AVE
Long Beach, CA 90803,11 S Termino AVE
Long Beach, CA 90803,11 S Termino AVE
Long Beach, CA 90803,11 S Termino AVE
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$28,600,000

$33,000,000

13.3%
Est.Price: ?

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Est. payment /mo

0.8 Acres Lot


SOLD DATE : 12/04/2019

Key Details

Sold Price $28,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW19231556

Sold Date 12/04/19

HOA Y/N No

Year Built 1964

Lot Size 0.800 Acres

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

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 96.0

Garage Description 96.0

Pool Community

Community Features Curbs, Storm Drain(s), Street Lights, Pool

Total Parking Spaces 96

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7256002018

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Damien Breaux • Morgan Skenderian
Bought with Todd Hawke • Keller Williams Pacific Estate
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6201 E Bayshore Walk, Beach, CA, 90804, USA

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