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.
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This Multi-Family home
for sale in Long Beach, CA
is currently listed for $4,475,000.
Featuring a lot size of 6,751 Sq. Ft.,
305 Coronado Avenue
was built in 1948 and
has been on coldwellbankerrealestate.com for 58 days.
This listing is provided courtesy of COLDWELL BANKER COMMERCIAL.
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1650 Ximeno Ave, Suite 120
Long Beach, CA 90804
Phillip Wendell Jr Jones, CAL BRE 00347143
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Data last updated: Friday, December 2, 2016 at 10:16 PM. Properties in listings may have been sold or may no longer be available.