Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    305 Coronado Avenue, Long Beach, CA 90814
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    305 Coronado Avenue
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    • MLS#: PW24250197 ( Commercial/Residential )
    • Street Address: 305 Coronado Avenue
    • Viewed: 25
    • Price: $5,000,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1948
    • Bldg sqft: 0
    • Days On Market: 108
    • Additional Information
    • County: LOS ANGELES
    • City: Long Beach
    • Zipcode: 90814
    • Subdivision: Other (othr)
    • Provided by: Steven M. Bogoyevac, Broker
    • Contact: Steven Steven
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      305 Coronado Avenue is a 16 unit apartment building in the highly desirable Bluff Heights neighborhood of Long Beach, California. The building is a charming 1948 construction with a mix of eight studio and eight one bedroom units, many of which have been remodeled. Unit interiors boast refinished hardwood flooring, modernized kitchens and baths. The property also offers private patios, on site laundry, and storage options. 305 Coronado Avenue is in a great rental location steps to an elementary school, within easy walking distance of popular restaurants along Broadway, a half mile to Bluff Park and the beach, and proximate to Second Street dining, retail and entertainment. The property boasts strong in place rents with four percent potential upside, and furthermore, a RUBS program significantly recoups utility expenses. 305 Coronado Avenue is an excellent acquisition opportunity for any investor looking for strong in place cash flow and great location in a desirable coastal rental market.
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    Features
    Building Area Total
    1. 9958.00
    Commoninterest
    1. None
    Common Walls
    1. No Common Walls
    Country
    1. US
    Days On Market
    1. 52
    Electric Expense
    1. 0.00
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Insurance Expense
    1. 0.00
    Laundry Features
    1. Community
    Lot Features
    1. Rectangular Lot
    Netoperatingincome
    1. 277443.00
    Number Of Separate Electric Meters
    1. 16
    Number Of Separate Gas Meters
    1. 16
    Parcel Number
    1. 7257020023
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 428778184:CRM
    Subdivision Name Other
    1. n/a
    Totalexpenses
    1. 117578.00
    Trash Expense
    1. 0.00
    Views
    1. 25
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1948
    Year Built Source
    1. Assessor
    Zoning
    1. LBR2A
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836