305 Coronado Avenue
Long Beach, CA 90814
- – beds
- – baths
- – sqft
- 6,751 sqft lot
- 1948 build
- – on site
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.
Last checked:
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Last updated Dec 17, 2024
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MLS# PW24250197 —
The Building
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Year Built:1948
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:9958.00
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Building Area Units:Square Feet
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Total Number Of Units:16
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:16
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# of Separate Electric Meters:16
Interior
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Entry Location:1
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Laundry:Community
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Laundry:1
Location
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Directions:2nd lot north of 3rd Street
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Latitude:33.76837600
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Longitude:-118.15382000
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LBR2A
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Lot Features:Rectangular Lot
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Lot Size Area:6751.0000
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Lot Size Acres:0.1550
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Lot Size SqFt:6751.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:8
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Tax Census Tract:5771.00
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Tax Tract:n/a
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Tax Lot:22
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7257020023
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:n/a
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Features:Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/16/24
Dec 16, 2024
|
Listed / Active | CRMLS_CA | $5,000,000 | 19.0% (4.7% / YR) |
|
12/1/20
Dec 1, 2020
|
CRMLS_CA | $4,200,000 | -6.4% | |
|
8/31/20
Aug 31, 2020
|
CRMLS_CA | $4,485,000 |
