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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 5.50% Current Cap Rate
- Strong Cash Flow + RUBS Keeps Expenses Low
- Located in the Desirable Bluff Heights Neighborhood Walkable to Dining, Retail, and the Beach
Property Facts
| No. Units | 16 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 9,958 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1948 |
| Building Class | C | ||
| Zoning | LBR2A - 0500 - 5 Or More Apts Or Units, Coop or Oyo Projects - 4 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 9,958 SF |
| No. Stories | 2 |
| Year Built | 1948 |
| Zoning | LBR2A - 0500 - 5 Or More Apts Or Units, Coop or Oyo Projects - 4 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Controlled Access
- Laundry Facilities
- Storage Space
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 520 |
| 1+1 | 8 | - | 725 |
Property Taxes
| Parcel Number | 7257-020-023 | Improvements Assessment | $3,463,782 |
| Land Assessment | $1,082,432 | Total Assessment | $4,546,214 |
Property Taxes
Parcel Number
7257-020-023
Land Assessment
$1,082,432
Improvements Assessment
$3,463,782
Total Assessment
$4,546,214
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