1445 Coronado Ave, Condo with 0 bedrooms, 0 bathrooms and 9 parking in Long Beach CA | Image 1

$2,500,000

1445 Coronado Ave, Long Beach, CA

Name: 1445 Coronado Ave, For Sale in Long Beach - eXp Commercial Brokerage
Brand: Kirklen Investment Group
SKU: OC25136674
Price: 2500000 CAD

Condo

For Sale

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009

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage Yes

Maintenance Fees $8,984

Taxes

Days Active 2

Approx. Age 1956

MLS® Number OC25136674

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Nestled in the highly desirable East Long Beach area, this charming 8-unit apartment building offers a fantastic investment opportunity. Built in 1956, the property combines mid-century charm with modern convenience. With 7 well-maintained one-bedroom, one-bathroom units and 1 spacious two-bedroom, one-bathroom unit, this property caters to a variety of tenants' needs. Each unit is separately metered for gas and electricity, providing ease of management and cost control. Tenants enjoy the convenience of on-site parking, with 5 single-car garage spaces and 4 open parking spaces available. The property's landscaping is designed for low maintenance, reducing operational costs while maintaining an attractive curb appeal. This thoughtful landscaping choice appeals to potential tenants while also easing the landlord's responsibilities. One of the key selling points of this investment is the potential for increased rental income. Long Beach's rental market has shown consistent growth, and this property offers an opportunity to capitalize on that trend. The unit mix provides versatility, attracting a wide range of tenants, and the separately metered utilities allow for fair billing practices. Location is paramount in real estate, and this property excels in that regard. Situated in East Long Beach, it benefits from proximity to schools, parks, shopping, and dining. Easy access to major transportation routes further enhances its appeal. Investors looking for a promising multi-family property with enduring upside potential will find this 8-unit apartment building in Long Beach to be an attractive addition to their portfolio. Whether you're seeking a stable income stream or a long-term investment with room for growth, this property is worth considering. Don't miss out on this opportunity to own a piece of East Long Beach real estate history.Show Description

MLS® NumberOC25136674

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelCommon Area

Exposure

Exterior

GarageYes

Approx. Age1956

Stories2

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

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