1410 Coronado Avenue, Long Beach
Long Beach Home Sale
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.
Property Details
Additional Information
-
- City:
- Long Beach
-
- County:
- Los Angeles
-
- Zip:
- 90804
-
- MLS® #:
- OC23041836
-
- Bedrooms:
- 3
-
- Bathrooms:
- 3
-
- Lot Size:
- 0.16
-
- Levels:
- One
-
- HOA Dues:
- $
Price Change History for 1410 Coronado Avenue, Long Beach, (MLS® #OC23041836)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 2:20pm PDT. 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. 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, 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.