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133 Corona Ave, Long Beach, CA 90803
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133 Corona Ave Long Beach, CA 90803

$2,100,000
  • 6 Beds
  • 5 Baths
  • 3,312 Sq.Ft.
For Sale
$2,100,000 Get Pre-Qualified
Map preview of 133 Corona Ave, Long Beach, CA 90803

Property Overview: 133 Corona Ave Long Beach, CA has 6 bedrooms, 5 bathrooms, 3,312 living square feet and 2,952 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Sage Real Estate is Proud to present this exceptional 4-Unit Investment Opportunity in Prime Belmont Shore! Discover the epitome of coastal living with this exquisite 4-unit property located in the heart of Belmont Shore, just steps from the beach and the vibrant shops and cafes of 2nd Street. This building offers a blend of lifestyle and investment potential, ideal for both family legacy and savvy investors. Unit Mix: Features two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Each unit showcases recent upgrades including new stucco, paint, windows, and a completely redone roof, blending modern comfort with elegant design. Amenities: Residents enjoy on-site parking, communal laundry facilities, and secure bicycle storage, enhancing both convenience and desirability. Investment Potential: Positioned in a high-demand rental market, this property offers strong rental yields and appreciation potential. A trophy asset that promises growth and stability. Lifestyle: Offer your tenants a lifestyle of ease and luxury, where they can enjoy beach mornings and evenings exploring local dining and retail—all within walking distance. This property is a unique opportunity to secure a piece of Belmont Shore, renowned for its strong community feel and high quality of life. Don’t miss out on this chance to invest in a location where demand continues to grow.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Co-listed by Caleb Baldwin | BRE #02056751 | Sage Real Estate
Last checked: 15 minutes ago | Last updated: September 19th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
2,952
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
PW24183730
City
Long Beach
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $3,586
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,795
  • Total Rent: $1,795
  • Pro Forma/Market Rent: $3,586
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,827
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,827
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,940
  • Net Operating Income: $40,035
  • Gross Operating Income: $86,940
Annual Expense Breakdown
  • Total Operating Expense: $46,905
  • Electric: $297
  • Gas/Fuel: $819
  • Licenses: $103
  • New Taxes: $26,250
  • Trash: $0
  • Gardener: $300
  • Insurance: $2,400
  • Maintenance: $8,705
  • Professional Management: $6,593
  • Water/Sewer: $1,198

Open Houses for 133 Corona Ave

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Property Details for 133 Corona Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Awning(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7247014002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Shore (BSD)
  • Directions: 2nd Street to Corona
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 133 Corona Ave

View property's historical transactions

  • September, 2024

  • Sep 5, 2024

    Date

    Active

    CRMLS: PW24183730

    $2,100,000

    Price

Tax History for 133 Corona Ave

Assessed Value (2020): $463,106
Year Land Value Improved Value Assessed Value
2020 $138,941 $324,165 $463,106

Home Value Compared to the Market

This property vs the competition

133 Corona Ave is listed 169.23% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $634.06 per/sqft which puts the price per square foot 1.85% lower than the median price per square foot for the city of Long Beach.

About 133 Corona Ave

Detailed summary of property

133 Corona Ave is a fourplex located in Long Beach, CA 90803 and is currently for sale. This fourplex offers 6 bedrooms, 5 bathrooms, roughly 3,312 living square feet, and sits on an approximately 2,952 square foot lot. 133 Corona Ave was first listed on ArdentRealEstateGroup.com on September 6, 2024. The homeowner is currently asking $2,100,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 169.23% higher than the median priced home. Local competing homes currently for sale include 108 Bennett Ave, 268 Park Avenue and 70 Roswell Ave. While the average home in Long Beach, CA is selling in 62 days, 133 Corona Ave has a days on market of 13 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 133 Corona Ave Long Beach, CA 90803 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 133 Corona Ave

Public county record property details
Beds
6
Baths
6
Year built
1963
Sq. Ft.
3,312
Lot Size
2,951
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
7247-014-002

The source for these homes facts are from public records.

90803 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
128
Median Sale to List Price %
100.2%
Avg Days on Market
29
Loan Type
Conventional (29.63%), FHA (0%), VA (3.7%), Cash (37.04%), Other (29.63%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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