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425 Coronado Ave
Long Beach, CA 90814
3.0% Assumable Loan · Multifamily Property For Sale
·
27 Units
Investment Highlights
- Assumable Loan at 3.0% with 62% LTV until May 1, 2027
- Oversized Units Averaging 886 SF
- Value Add Opportunity - 16 of the 27 Units Fully Remodeled with Designer Finishes
- Ample Parking with 27 Parking Spaces, Community Game Room
Property Facts
| No. Units | 27 | Lot Size | 0.31 AC |
| Property Type | Multifamily | Building Size | 25,628 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1970/2021 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Zoning | LBR3S - restricted Density Multiple Dwelling | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 25,628 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2021 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | LBR3S - restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 517 - 600 |
| 1+1 | 21 | - | 750 - 947 |
| 2+2 | 3 | - | 1,000 |
Property Taxes
| Parcel Number | 7257-004-033 | Improvements Assessment | $6,397,828 |
| Land Assessment | $2,788,796 | Total Assessment | $9,186,624 |
Property Taxes
Parcel Number
7257-004-033
Land Assessment
$2,788,796
Improvements Assessment
$6,397,828
Total Assessment
$9,186,624
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