Long Beach, CA 90804 1066 Coronado Avenue

Sold: Sep 16, 2020
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Presented By: Robert Stepp with Keller Williams - Santa Monica;
  • MLS# PW20015163
  • 01/22/2020
  • Request Tour
  • Request Info
  • BedBeds • 8
  • BathBaths • 8
  • GarageGarage • 14

Home Details

1066 Coronado Avenue is a highly sought-after 1980's property in the popular Eastside submarket of Long Beach. The building features eight bright, sizable two-bedroom units. All units offer private balconies, two full bathrooms, washer/dryer in-unit, refrigerator, gas range and dishwasher. The building is secured with locked entrances and security cameras. Additionally, with 14 parking spaces in the gated garage, there is potential to increase income by renting extra spaces. The meticulously maintained property features a nearly new roof in excellent condition. Tenants pay for their own gas and electric, keeping the building's utility expenses low. This investment asset offers an investor an attractive, well-kept property in a desirable, low-vacancy residential neighborhood with over 12% rental upside potential.
Presented By: Robert Stepp with Keller Williams - Santa Monica;

General for 1066 Coronado Avenue

Additional Parcels Y/NNo
Co-Listing AgentMark Witsken - BRE#01884724
Co-Listing AgentMark Witsken - BRE#01884724
Co-Listing Agent State License #01884724
Community FeaturesSidewalks, Urban
Garage Spaces14
Garage Y/NYes
HeatingCentral
Land Lease Y/NNo
LevelsOne
Listing AgentRobert Stepp - BRE#01456379
Listing AgentRobert Stepp - BRE#01456379
Listing Agent State License01456379
MLS Area3 - Eastside, Circle Area
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusClosed
Subdivision NameEastside (ES)
TermsCash, Cash to New Loan, 1031 Exchange
Total Units8
Water Sewer Expense947
ZoningLBR2N

Interior for 1066 Coronado Avenue

Common Walls2+ Common Walls
Heating Y/NYes
Laundry FeaturesLaundry Closet, Stacked

Exterior for 1066 Coronado Avenue

Lot Features6-10 Units/Acre
Lot Size Acres0.14
Lot Size Area6249
Lot Size SourceAssessor
Lot Size Square Feet6249
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters8
Parking FeaturesCovered, Garage
Total Parking14
Water SourcePublic
1527188455

First Team Client Services

Price $2,600,000
MLS#PW20015163
List Date 01/22/2020
Property Type Income
Phone 714.964.3311
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