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305 Coronado Ave
Long Beach, CA 90814

Multifamily Property For Sale · 16 Units

INVESTMENT HIGHLIGHTS

  • Charming 16-Unit Remodeled Building Offered at a 5.55% Current Cap Rate
  • Strong In-Place Cash Flow
  • Located in the Desirable Bluff Heights Neighborhood Walkable to Dining, Retail, and the Beach

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 9,958 SF
No. Stories 2
Year Built 1948

SITE AMENITIES

  • Controlled Access
  • Laundry Facilities
  • Storage Space

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - 520
1+1 8 - 725

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7257-020-023
Land Assessment
$1,061,208
Improvements Assessment
$3,395,865
Total Assessment
$4,457,073

ZONING

Zoning Code RR2
RR2
  • Listing ID: 34191373

  • Date on Market: 12/13/2024

  • Last Updated:

  • Address: 305 Coronado Ave, Long Beach, CA 90814

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