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791 Coronado Avenue Long Beach, CA $ 2,150,000
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$ 2,150,000 Get more info
791 Coronado Avenue
$ 2,150,000
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791 Coronado Avenue

Long Beach, CA, 90804
$ 2,150,000
Bedrooms12 Baths3.0 Sq 5,458

Monthly Estimate*

$ 14,290

Listed by Marcus & Millichap RE Invest
791 Coronado Avenue, Long Beach, CA 90804 - Image 1
791 Coronado Avenue, Long Beach, CA 90804 - Image 2
791 Coronado Avenue, Long Beach, CA 90804 - Image 3
791 Coronado Avenue, Long Beach, CA 90804 - Image 4
791 Coronado Avenue, Long Beach, CA 90804 - Image 5
791 Coronado Avenue, Long Beach, CA 90804 - Image 6
791 Coronado Avenue, Long Beach, CA 90804 - Image 7
791 Coronado Avenue, Long Beach, CA 90804 - Image 8

Multi-Family Home for sale in Long Beach, CA

for $2,150,000 with 12 bedrooms and 3 full baths. This 5,458 square foot home was built in 1963 on a lot size of 0.11.

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.

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Multi-Family Active

Price

$ 2,150,000

Bedrooms

12

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.11

Year Built

1963

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC24005954

Days on Market

151
Features
General
Sewer PublicSewer
Zoning LBR2N
HOA 0.0
Garage Spaces 4.0
Pool Features None
Year Built 1963
Stories 2
Levels Two
Property SubType Apartment
Gross Income 190897.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 127314.0
Operating Expense 57998.0
Insurance Expense 5250.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name BELLEVUE HEIGHTS
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Cross Streets: Redondo Ave/E 7th Street
City Long Beach
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 4.0
NumberOfUnitsTotal 7
MLS Area 3 - Eastside Circle Area
Lot Size Units Acres
Lot Size Square Feet 4791.6
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Coronado
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 1179.7
Home Warranty Y/N N
Fuel Expense 1179.9
Trash Expense 1179.7
Water Sewer Expense 1179.7
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 113
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Property Sub Type Additional Apartment
Taxes 26752.0
Cap Rate 5.92
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Exterior
Lot Features CornerLot Landscaped
Water Source Public
Total Parking 8.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Building Area Total 5458.0
Street Suffix Avenue
Lot Size Acres 0.11
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 7
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 791
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

(714) 713-9086

Phone

Affordability Calculator

$14,290
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,290
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2024$2,150,000 -5.08% Price Down
2/7/2024$2,265,000 -4.63% Price Down
1/11/2024$2,375,000 Listed Price

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791 Coronado Avenue, Long Beach, CA, 90804 is a Multi-Family Home for sale at $2,150,000 with 5,458 sqft and a lot size of 0.11. 791 Coronado Avenue has 12 bedrooms, 3.0 baths, and was built in 1963. The property's zip code is 90804 which is in Long Beach, CA

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