305 Coronado Avenue, Long Beach, CA 90814

$4,475,000 Approx. USD 0 beds, 0 baths
9,958 sqft

Agent Remarks

We are please to present The Coronado Avenue Apartments. This is a 16 unit apartment community located in the highly desirable Belmont Heights submarket of Long Beach. The property offers investors the opportunity to acquire a turn-key building in a strong, non-rent controlled market where apartment buildings rarely become available. The property was originally constructed in 1948 and features 8 (1 bedroom + 1 bathroom) units and 8 (studio) units, encompassing a gross rentable area of 8,000 square feet. The building has been substantially renovated. Recent upgrades include, but are not limited to, new flooring, remodeled kitchens, with all new appliances, remodeled bathrooms, upgraded electrical systems. There is a laundry facility for the tenants use onsite. The property is located on Coronado Avenue in an extremely pedestrian friendly suburban neighborhood and boasts a 92 Walkscore and 91 Bike score. The property is within walking distance of the Beach, Bixby Park, Bluff Park, and the shops and restaurants of Retro Row on 4th Avenue.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PW16718291
List price is $4,475,000 Reduced by $24,000 on 11/22/2016
Beds: 0
Baths: 0
Built in 1948
9,958 sqft
0.15 acres
Lot size: 6751.000
County: Los Angeles
Zoning: LBR2A
Appliances: Free Standing Range,Gas Range,Refrigerator
Parking description: Street
MLS area: 2 - Belmont Heights, Alamitos Heights

Last Updated: 12/7/2016

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This listing belongs to the 2 - Belmont Heights, Alamitos Heights MLS area

The listing is zoned LBR2A.
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Lat/Long: 33.768376, -118.153820.
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Broker: Courtesy of Coldwell Banker Commercial
Listing Agent: George Bustamante
Co Listing Agent: Cameron Jacques

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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