370 Coronado Avenue $975,000

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    370 Coronado Avenue Long Beach, CA 90814

    Closed
    SOLD 10/15/2020

    $975,000

    • 0 Beds
    • 0 Baths
    • 2,028 sq. ft.
    • Multi-Family
    • MLS# PW20196044
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    Views: 81

    Property Details

    Great opportunity for this well producing bungalow-style triplex in a prime Bluff Heights location. Units have been recently updated, units are fully occupied with paying tenants and has been professionally managed. All the windows, in all 3 units have been updated to dual pane vinyl windows, the exterior has all recently and front has been beautifully landscaped. Unit 370 is a 2 bed/1 bath 750 sq/ft with it's own private backyard oasis and laundry hookups in the garage . The front two units (372 & 372 1/2) share a beautiful oversized front porch, perfect for relaxing and enjoying the neighborhood. Unit 372 is a 1 bed/1 bath 650 sq/ft with beautiful hardwood floors, new contemporary paint, ceiling fans and most recently updated with fully renovated kitchen with new designer cabinets, granite countertops, new overhead vent hood, new tile flooring, new sink and new hardware. Unit 372 1/2 is a 1 bed/1 bath 650 sq/ft with remodeled open kitchen with granite countertops, new sink and fixtures as well as beautiful dark hardwood floors throughout. Strong 15 GRM and accurate 4.5% cap rate factoring last 12 months actual expenses and new tax amount!!! Rent Roll is attached under supplements. These units are well maintained, professionally managed and ready to make you some money. Ideal location, located within walking distance to local shops, cafes, and the beach. Please do not disturb tenants. *Interior photos on listing were taken before tenants moved in.

    • General Features
      • Community Features Sidewalks,Street Lights
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Number Of Separate Electric Meters 3
      • Number Of Separate Gas Meters 3
      • Number Of Separate Water Meters 1
      • Number Of Units Total 3
      • Property Condition Updated/Remodeled
      • Subdivision Name Other (OTHR)
      • YearBuilt 1923
    • Building Features
      • Architectural Style Bungalow
      • Flooring Carpet,Wood
      • Laundry Features In Garage
      • Levels One
    • Property Features
      • Lot Size Acres 0.15
      • Lot Features Sprinklers In Front
      • Pool Private Y/N 0
      • Pool Features None
      • View None
      • Parking Total 1.00

    Neighborhood

    90814 (Long Beach) Demographics

    36 Median Age
    14,533 Population Density (per sq. mile)
    57% College Educated
    $73,391 Estimated Median Income
    3,271 Estimated Total Home Owners
    5,894 Estimated Total Renters
    36% / 64% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    19,685 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $775,000 Median Sales Price
    11 Homes Sold
    13 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        10/15/2020 12:00:00 AM Sold Source: Multiple Listing Service New Value: $975,000
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/1/2021 3:42:31 PM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.