1424 Coronado AVE Active

Long Beach,CA 90804

$ 1250000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25166153

Year Built 1923

Lot Size 6,880 Sqft

Source California Regional MLS

Property Description

We are proud to present 1424 Coronado Avenue, a charming bungalow-style investment opportunity located in the heart of Long Beach. This property features single-story living across all units, each offering a desirable 1-bedroom, 1-bath layout. All units are in very good condition, providing investors with low maintenance and strong tenant appeal. The property includes four garage spaces that were built within the last five years, adding value and functionality. With a current 5.91% CAP rate and the potential to reach a 7.69% market CAP, along with an 11.43 GRM and market potential of 9.26, this asset offers both immediate stability and future upside.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Laundry Community Facility

Exterior

Garage Spaces 5.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 7259007023

Special Listing Condition Not Applicable

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