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$3,350,000
8 Days Online

1410 Coronado Avenue
Long Beach, CA 90804

For Sale|Multi-Family|Active
County:
Los Angeles
Listed by Greg Bassirpou of Marcus & Millichap RE Invest

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1410 Coronado Avenue1410 Coronado Avenue1410 Coronado Avenue1410 Coronado Avenue
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Monthly Payment (Est.)

$15,284
Calculator powered by Showcase IDX. Copyright ©2023 Information is deemed reliable but not guaranteed.

The Coronado Avenue Apartments is a nine-unit apartment building located in the City of Long Beach, a premier rental market in Los Angeles County, California. Built in 1987, the subject property offers an attractive unit mix comprised of (8) two-bedroom/ two-bathroom units and (1) one-bedroom/ one-bathroom unit totaling 7,770 square feet. Some amenities include gated entry, ample on-site gated parking, on-site laundry room, and balconies. Some recent renovations and upgrades include new floors, new bathrooms, and updated kitchens. This offering represents a rare opportunity for an investor to achieve a 5.1% CAP Rate on current income, for a stable, turnkey investment property in the desirable rental market of Long Beach, California. Additionally, The Coronado Avenue Apartments are well suited to provide investors with strong returns and value appreciation over the long-term investment horizon.

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Listing Snapshot
Price 
$3,350,000
Days Online 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,770 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.158 Acres
Year Built 
1987
MLS Number 
OC23041836
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoListing first seen online
General Features
Parking 
GarageGated
Parking Spaces 
0
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.158
Water 
Public
Property Sub Type 
Apartment
Garage Spaces 
0
Zoning 
LBR2N
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Near Public Transit
Community Features
Association Dues 
0
Community Features 
Sidewalks
Senior Community 
No
MLS Area 
699 - Not Defined


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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