Long Beach, CA 90804 791 Coronado Avenue
$2,150,000
3 more
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
Beds • 2
Baths • 1
SQFT • 5,458
Garage • 4
Home Details
791 Coronado Avenue is a 7-unit multifamily investment property located in the Rose Park neighborhood of Long Beach, CA. This property offers an attractive mix consisting of spacious 2, one-bedroom units and 5, two-bedroom units. Three corner units feature extra large floorplans that include fireplaces. Almost all units include a breakfast bar, walk-in closets, and one unit has an expansive balcony. Ownership has strategically landscaped 791 Coronado Avenue to offer it’s residents a chic, tropical oasis like feel. All of the units feature granite or quartz countertops, and select units offer upgraded flooring and stainless steel appliances. In addition, the property offers upgraded plumbing, and features solar panels. Ownership will have upgraded all electrical panels by close of escrow. Located in close proximity to all levels of schooling including Willard Elementary, Jefferson Middle, and Woodrow Wilson High. Additionally, the property benefits from its central Long Beach location, providing residents convenient access to a plethora of retail, dining, and entertainment options.
Presented By: Tyler Leeson with Marcus & Millichap RE Invest; 714-713-9086
Interior Features for 791 Coronado Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2
Other Rooms
Entry Level1
General for 791 Coronado Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.92
Carport Y/NNo
CityLong Beach
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
Days on Market113
DirectionsCross Streets: Redondo Ave/E 7th Street
Electric Expense1179.7
Entry Location1
Fuel Expense1179.9
Garage Spaces4.0
Garage Y/NYes
Gross Income190897.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense5250.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet4791.6
MLS Area3 - Eastside, Circle Area
MaintenanceExpense4200.0
MobileHomeRemainsYNNo
Net Operating Income127314.0
New ConstructionNo
Open Parking Spaces4.0
Operating Expense57998.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameCoronado
Subdivision NameBELLEVUE HEIGHTS
Tax Lot14
Taxes$26,752
Total Units7
Trash Expense1179.7
View Y/NNo
Water Sewer Expense1179.7
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
ZoningLBR2N
Exterior for 791 Coronado Avenue
Building Area Total5458.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, Landscaped
Lot Size Acres0.11
Lot Size Area0.11
Lot Size SourceAssessor
Lot Size UnitsAcres
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking8.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480