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$5,000,000

Beds
Unknown
sq ft
Unknown

305 Coronado Ave, Long Beach, CA 90814

305 Coronado Ave

Long Beach, CA 90814

  • 69 days on market
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.

Details

Property type

Mixed Use

Lot size

6,751 sq ft

Price per sq ft

Unknown

Year built

1948

Price History

02/07/2025
CRMLS

CRMLS #PW24250197

Listed
$5,000,000
02/07/2025
CRMLS

CRMLS #PW24250197

Removed
$5,000,000
12/16/2024
CRMLS

CRMLS #PW24250197

Listed
$5,000,000
+19.05%

Schools & Community

Neighborhood: 

Bluff Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

Status: Active

Tomo last checked: 02/23/2025 at 2:40 PM

Listing updated: 02/07/2025 at 5:44 AM

Listed by: Steven Bogoyevac, Steven M. Bogoyevac, Broker Phone #: (562) 436-5800

MLS: CRMLS #PW24250197

CRMLS logo

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