Property Details
About this Property
305 Coronado Avenue is a 16-unit apartment building in the highly desirable Bluff Heights neighborhood of Long Beach, California. The building is a charming 1948 construction with a mix of eight studio and eight one-bedroom units, many of which have been remodeled. Unit interiors boast refinished hardwood flooring, modernized kitchens and baths. The property also offers private patios, on-site laundry, and storage options. 305 Coronado Avenue is in a great rental location steps to an elementary school, within easy walking distance of popular restaurants along Broadway, a half-mile to Bluff Park and the beach, and proximate to Second Street dining, retail and entertainment. The property boasts strong in-place rents with four percent potential upside, and furthermore, a RUBS program significantly recoups utility expenses. 305 Coronado Avenue is an excellent acquisition opportunity for any investor looking for strong in-place cash flow and great location in a desirable coastal rental market.
MLS Listing Information
MLS #
CRPW24250197
MLS Source
California Regional MLS
Days on Site
5
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
305 Coronado Ave is a Residential Income in Long Beach, CA 90814. This – square foot property sits on a 6,751 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,000,000 and was built in 1948. This address can also be written as 305 Coronado Ave, Long Beach, CA 90814.
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This listing information is up-to-date as of December 20, 2024. For the most current information, please contact Steven Bogoyevac, (562) 257-1231
