1043 Coronado Ave - Apartments FOR SALE
Long Beach, CA 90804 |
1043 Coronado Ave
Long Beach, CA 90804
HIGHLIGHTS
- 12-Unit apartment building in desirable Eastside Long Beach with 11 studios and one two-bed/one-bath unit
- Offered at a 5.79 percent cap rate on current rents: great acquisition opportunity for an investor looking for cash flow
- Building features on-site laundry and five garages that generate additional income
- Excellent rental location in Eastside Long Beach one block from a Food4Less-anchored shopping center and one block west of Redondo Avenue
- Offered as part of a portfolio: 1043 Coronado Avenue must be acquired with 1048 Coronado Avenue; 716 Raymond Avenue may be acquired separately
- Assumable financing available
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
4640
STORIES
2
YEAR BUILT
1923
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
7258-005-024
