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$1,750,000
74 Days Online

1048 Coronado Avenue
Long Beach, CA 90804

For Sale|Single Family Home|Active
0
Beds
0
Full Baths
0
Partial Baths
3,072
SqFt
$570
/SqFt
1923
Built
Subdivision:
Eastside (Es)
County:
Los Angeles
Listed by Steven Bogoyevac of Steven M. Bogoyevac, Broker [email protected]

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562.896.2456
1048 Coronado Avenue1048 Coronado Avenue1048 Coronado Avenue1048 Coronado Avenue
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Monthly Payment (Est.)

$7,984
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Offered at a 5.87 percent cap rate on current rents, this asset is a great acquisition opportunity for an investor looking for strong in-place cash flow and additional rental upside in the strong Eastside Long Beach rental market. This asset offers a highly desirable layout of all single-story one-bed/one-bath bungalows that are separately metered for gas and electricity. Additionally, the property is securely gated and also offers on-site laundry. 1048 Coronado Avenue is located in Eastside Long Beach, a strong-performing rental submarket, one block west of Redondo Avenue and within easy walking distance of a Food4Less-anchored shopping center and several dining options. This location offers tenants convenient access to Belmont Shore, freeways, and Cal State Long Beach. 1048 Coronado Avenue is offered along with 1043 Coronado Avenue, a 12-unit property located across the street; properties must be acquired together. These assets are part of a Long Beach portfolio sale along with 716 Raymond Avenue, a 16-unit asset that may be acquired separately.

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Listing Snapshot
Price 
$1,750,000
Days Online 
74 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,072 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1435 Acres
Year Built 
1923
MLS® Number 
PW24064035
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Parking Spaces 
0
Sewer 
Public Sewer
Number of Stories 
1
Acreage 
0.1435
Water 
Public
Property Sub Type 
Mixed Use
Garage Spaces 
0
Zoning 
LBR2N
Listing Conditions 
Standard
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Lot 
Rectangular Lot
Community Features
Community Features 
Suburban
Senior Community 
No
MLS Area 
3 - Eastside, Circle Area


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
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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