Unique Owner/User/Investor oportunity in Prime Belmont Heights. Just blocks from the beach, and located on a fantastic tree lined residential street. This attractive mid century building is not subject to rent control and includes a three bedroom owners unit. Individually metered for gas and electricity. Low maintenance(no pool or elevator). Below market rents, with excellent upside. Same owner for over 25 years. Drive by only. Interior inspection with accepted offer.
Multi-familyProperty Type
1955Year Built
6,561 sq ftLot Size
$308Price/Sq.Ft.
4 garage spacesParking
Listed by Joseph Schiro•DRE #01162621• Plush Home Int'l Realty
•310-592-0796 (agent)
•joe@theheritageregroup.com (agent)
Bought with Joseph Schiro•DRE #01162621• Plush Home Int'l Realty
Unique Owner/User/Investor oportunity in Prime Belmont Heights. Just blocks from the beach, and located on a fantastic tree lined residential street. This attractive mid century building is not subject to rent control and includes a three bedroom owners unit. Individually metered for gas and electricity. Low maintenance(no pool or elevator). Below market rents, with excellent upside. Same owner for over 25 years. Drive by only. Interior inspection with accepted offer.
Unique Owner/User/Investor oportunity in Prime Belmont Heights. Just blocks from the beach, and located on a fantastic tree lined residential street. This attractive mid century building is not subject to rent control and includes a three bedroom owners unit. Individually metered for gas and electricity. Low maintenance(no pool or elevator). Below market rents, with excellent upside. Same owner for over 25 years. Drive by only. Interior inspection with accepted offer.
Public Records
Nov 21, 1989
Sold
$162,000
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$37,195 (+4.6%)
$1,961,415 + $858,115
$2,819,530
2024
$35,568 (+1.7%)
$1,922,956 + $841,290
$2,764,246
2023
$34,963 (+6.5%)
$1,885,251 + $824,795
$2,710,046
2022
$32,815 (+2.1%)
$1,848,286 + $808,623
$2,656,909
2021
$32,148 (+0.3%)
$1,812,046 + $792,768
$2,604,814
2020
$32,064 (+1.2%)
$1,776,516 + $777,224
$2,553,740
2019
$31,687 (+2.6%)
$1,758,301 + $769,255
$2,527,556
2018
$30,886 (+1.1%)
$1,723,825 + $754,172
$2,477,997
2017
$30,560 (+7.6%)
$1,656,888 + $724,888
$2,381,776
2016
$28,408 (+458.2%)
$1,656,888 + $724,888
$2,381,776
2015
$5,089 (−0.4%)
$1,624,400 + $710,675
$2,335,075
2014
$5,111 (+1.6%)
$128,261 + $193,988
$322,249
2012
$5,029 (+3.8%)
$127,682 + $193,112
$320,794
2011
$4,846 (+1.1%)
$125,179 + $189,326
$314,505
2010
$4,795 (+2.2%)
$122,725 + $185,614
$308,339
2009
$4,690 (+7.1%)
$121,808 + $184,227
$306,035
2008
$4,381
$122,098 + $184,665
$306,763
Tax history for 232 Termino Ave
Year
Property tax
Land + Additions
Assessment*
2025
$37,195 (+4.6%)
$1,961,415 + $858,115
$2,819,530
2024
$35,568 (+1.7%)
$1,922,956 + $841,290
$2,764,246
2023
$34,963 (+6.5%)
$1,885,251 + $824,795
$2,710,046
2022
$32,815 (+2.1%)
$1,848,286 + $808,623
$2,656,909
2021
$32,148 (+0.3%)
$1,812,046 + $792,768
$2,604,814
2020
$32,064 (+1.2%)
$1,776,516 + $777,224
$2,553,740
2019
$31,687 (+2.6%)
$1,758,301 + $769,255
$2,527,556
2018
$30,886 (+1.1%)
$1,723,825 + $754,172
$2,477,997
2017
$30,560 (+7.6%)
$1,656,888 + $724,888
$2,381,776
2016
$28,408 (+458.2%)
$1,656,888 + $724,888
$2,381,776
2015
$5,089 (−0.4%)
$1,624,400 + $710,675
$2,335,075
2014
$5,111 (+1.6%)
$128,261 + $193,988
$322,249
2012
$5,029 (+3.8%)
$127,682 + $193,112
$320,794
2011
$4,846 (+1.1%)
$125,179 + $189,326
$314,505
2010
$4,795 (+2.2%)
$122,725 + $185,614
$308,339
2009
$4,690 (+7.1%)
$121,808 + $184,227
$306,035
2008
$4,381
$122,098 + $184,665
$306,763
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
11
Baths
11
Stories
—
Lot width
—
Lot depth
—
Lot size
6,561 Sq. Ft.
Year renovated
1955
Sq. Ft.
7,463
Year built
1955
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7255027009
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-1-N
Single-Family Residential, Standard Lot District
The R-1-N District is a single-family residential district with standard lots. This District recognizes the outdoor lifestyle characteristic of Southern California and is established to protect such areas from overcrowding and conversion to higher densities. This implements Land Use District No. 1 of the General Plan.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Park & open space
Jan 4, 2024 • Active
Mechanical
HVAC
Jan 4, 2024 • Active
Plumbing
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Carport, 4+ Car Garage
# of Garage Spaces: 4
Parking
# of Parking Spaces (Total): 5
# of Covered Parking Spaces: 4
# of Carport Spaces: 1
Interior
Equipment
Other
Heating & Cooling
No Cooling
Wall Heat
Multi-Unit Income
Actual Rent Total: $157,560
Actual Annual Gross Rent: $156,060
Laundry Income: $1,500
Actual Gross Annual Income: $1,500
Gross Income: 157560
Gross Operating Income: $152,833
Net Operating Income: $109,111
Multi-Unit Expenses
Licenses Expense: $650
Insurance Expense: $2,700
Water Expense: $4,277
Gardener Expense: $1,200
Maintenance Expense: $6,000
Total Annual Expense: $43,722
Tax Expense: $28,367
Multi-Unit Other Financial Information
Cap Rate: 4.9
Gross Rent Multiplier: 13.95
Vacancy Rate: 3
Vacancy Allow %: 3
Scheduled Actual: Actual
Multi-Unit Information
Unit Type Type: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
Type Of Units: apartment
# of Buildings: 1
Unit 1 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,450
Projected Rent: $1,600
Actual Rent: $1,450
# of Units: 1
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,045
Projected Rent: $1,300
Actual Rent: $1,045
# of Units: 2
Unit 3 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,425
Projected Rent: $1,600
Actual Rent: $1,425
# of Units: 3
Unit 4 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,195
Projected Rent: $1,300
Actual Rent: $1,195
# of Units: 4
Unit 5 Information
# of Beds: 3
# of Baths: 2.00
Rent: $2,100
Projected Rent: $2,300
Actual Rent: $2,100
# of Units: 5
Unit 6 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,000
Projected Rent: $1,300
Actual Rent: $1,000
# of Units: 6
Unit 7 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,200
Projected Rent: $1,300
Actual Rent: $1,200
# of Units: 7
Unit 8 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,200
Projected Rent: $1,300
Actual Rent: $1,200
# of Units: 8
Unit 9 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,195
Projected Rent: $1,300
Actual Rent: $1,195
# of Units: 9
Unit 10 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,195
Projected Rent: $1,300
Actual Rent: $1,195
# of Units: 10
Exterior
Building Information
Total Floors: 2
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 6,561
Zoning: LBR1N
Financial
Assessment Information
Assessed Land Value: $128,261
Assessed Improvement Value: $193,988
Assessor Parcel Number: 7255-027-009
Location
Community Information
# of Units in Complex (Total): 10
Location Information
Directions: Termino & E. Broadway
Cross Streets: E. Broadway
Public facts
Beds: 11
Baths: 11.0
Sq. Ft.: 7,463
Stories: —
Lot Size: 6,561 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1955
Year Renovated: 1955
County: Los Angeles County
APN: 7255027009
Home facts updated by county records on Oct 6, 2026
Other
Documents & Disclosures
Disclosures: As Is, Coastal Commission Restrictions
Around this home
Schools
K - 12
Preschool & daycare
Fremont Elementary School
Public K-5 • Assigned • 0.4mi
8/10
Rogers Middle School
Public 6-8 • Assigned • 0.8mi
8/10
Wilson High School
Public 9-12 • Assigned • 0.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...