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listing
1 of 11
MultifamilyFor Sale
$3,100,000
790 Coronado Avenue
Long Beach, CA 90804
Listing Provided Courtesy of Marcus & Millichap Re Invest
MLS: San Diego Multiple Listing Service (SDMLS)
6,534Sq Ft
Est. Mortgage
$16,102/mo

790 Coronado Avenue is a 10-unit multifamily investment property located in the Rose Park neighborhood of Long Beach, CA. 790 Coronado Avenue offers an attractive mix consisting of 5, one-bedroom units and 3, two-bedroom units, as well as 2 recently constructed accessory dwelling units (ADU). The accessory dwelling units, 1, one-bedroom unit and 1, two-bedroom unit, increase the overall total unit count by 25% and current gross potential rent by 30%. Additionally, 5 of 10 unit interiors feature attractive upgrades including fresh paint, vinyl flooring, quartz countertops, stainless steel appliances, and more. Furthermore, the property features desirable amenities including security doors and an on-site laundry facility. 790 Coronado Avenue is situated in the desirable Rose Park neighborhood of Long Beach where residents enjoy convenient access to everyday needs as well as a plethora of retail, dining, and entertainment options along Redondo Avenue. 790 Coronado Avenue is in close proximity to all levels of schooling including Willard Elementary, Jefferson Middle, and Woodrow Wilson High. Additionally, the property benefits from its central Long Beach location, providing easy access to Retro Row, Recreation Park, and Belmont Shore. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 790 Coronado Avenue.790 Coronado Avenue is a 10-unit multifamily investment property located in the Rose Park neighborhood of Long Beach, CA. 790 Coronado Avenue offers an attractive mix consisting of 5, one-bedroom units and 3, two-bedroom units, as well as 2 recently constructed accessory dwelling units (ADU). The accessory dwelling units, 1, one-bedroom unit and 1, two-bedroom unit, increase the overall total unit count by 25% and current gross potential rent by 30%. Additionally, 5 of 10 unit interiors feature attractive upgrades including fresh paint, vinyl flooring, quartz countertops, stainless steel appliances, and more. Furthermore, the property features desirable amenities including security doors and an on-site laundry facility. 790 Coronado Avenue is situated in the desirable Rose Park neighborhood of Long Beach where residents enjoy convenient access to everyday needs as well as a plethora of retail, dining, and entertainment options along Redondo Avenue. 790 Coronado Avenue is in close proximity to all levels of schooling including Willard Elementary, Jefferson Middle, and Woodrow Wilson High. Additionally, the property benefits from its central Long Beach location, providing easy access to Retro Row, Recreation Park, and Belmont Shore. This overall demand for a well-located and maintained apartment building will be a key driver in the continued growth and success at 790 Coronado Avenue.

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Listing Courtesy of Marcus & Millichap Re Invest. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/18/2024 02:02 PM
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