116 Termino, Long Beach, California 90803, Long Beach, 90803 - 4 bed, 5 bath
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Long Beach, California 90803
This Mediterranean Custom Estate is a Strong Value Opportunity, listed at $2,250,000—positioned well below the $2,443,801 Fair Market Value by 7%. This valuation gap provides $193,801 in Instant Equity. Boasting a Good Condition Rating, the residence features a rare four master suite layout and a gourmet chef's kitchen with premium granite finishes. Located in Belmont Heights near 9/10 rated Lowell Elementary, the property includes a peek-a-boo ocean view and EV chargers. This is an ideal acquisition for Owner-Occupants or Lifestyle-Driven Investors seeking coastal luxury with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 116 Termino Subject | $2,250,000* List Price | 4 | 5 | 3,770 | $597 | - |
A 219 Ximeno Avenue Active Under Contract | $2,749,000 List Price | 6 | 5 | 3,744 | $734 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained Mediterranean-style home that appears move-in ready with high-end finishes. It features a gourmet chef's kitchen with granite countertops and a large center island, modern technological updates like EV chargers, and a versatile layout with four master suites. While the original structure dates to 1921, the description and previous sales history indicate extensive renovations that align with modern quality standards. It is classified as 'good' rather than 'excellent' due to the 'as-is' sale condition and the fact that the renovations, while high-quality, are not brand new.
Elementary School: Lowell Elementary School (9/10).
Situated in the highly sought-after Belmont Heights area, this property offers exceptional proximity to the beach, Bixby Park, and the premier dining and shopping destinations of the Second Street District.
The rare floor plan features four master suites—two on the first floor and two on the second—providing ideal flexibility for multi-generational living or high-end guest accommodations.
The property is being sold in 'as-is' condition, which may indicate deferred maintenance or require the buyer to budget for immediate repairs and upgrades following the close of escrow.
Although the listing mentions ocean views, they are classified as 'peek-a-boo,' which may not satisfy buyers specifically looking for expansive or unobstructed coastal vistas at this price point.
Welcome to 116 Termino Ave, Long Beach, 3770 Sf, Lotside 6342 sf. Perfectly positioned on a private home. This exquisite custom built Mediterranean gem offers quality craftsmanship with every technological comfort imaginable. The gourmet chef inspired kitchen features finished granite, huge center prep island w/seating, walk-in pantry. First Floor has Two Master Bedrooms & Hardwood Flooring & ½ bath behind kitchen, Large Living room, Large Dining room & Kitchen. Enjoy the living & dining room combo romantic. Second Floor has Two Master bedrooms and carpet flooring. Unique architectural details hardwood floors throughout the First Floor, Detached 2 Car garage, EV Chargers. Unique rear entry access garage that must be seen to appreciate. Premium lot with exceptional use of space & just a few minutes to the sands of Long Beach. Near Restaurants: The Attic, Saint & Second, Nick’s on 2nd, & L’Antica Pizzezia. Near Parks: Bixby Park, Bluff Park, Marina Vista Park, & Mother’s Beach. Near Gyms: Belmont Athletic Club, Iconix Fitness, Club Studio. Near Entertainments & Culture: Second st District, Gondola Getaway, Playhouse & Art Theatre, Carpenter Center. Sold AS-IS.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 5.0 | 3.0 | 94% |
| Square foot | 3,770 | 2,086 | 93% |
| Lot Size | 6,342 | 3,103 | 84% |
| Price | $2.25M | $1.88M | 75% |
| Price per sq ft | $597 | $911 | 10% |
| Built year | 1921 | 1947 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 186 | 16% |
Jan 29, 2026
$2,250,000
Initial Listing
Sep 17, 2021
$1,920,000
Public Record
Feb 19, 1999
$298,000
Public Record
Apr 3, 1995
$222,000
Public Record