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1757 Coronado Ave, Long Beach, CA 90804
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1757 Coronado Ave Long Beach, CA 90804

$2,200,000 Sold Price as of 07/02/2020
  • 24 Beds
  • 12 Baths
  • 7,682 Sq.Ft.
Sold
$2,200,000 Sold Price as of 07/02/2020 Refinance Your Mortgage
Map preview of 1757 Coronado Ave, Long Beach, CA 90804

Property Overview: 1757 Coronado Ave Long Beach, CA has 24 bedrooms, 12 bathrooms, 7,682 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1757-1765 Coronado Avenue, a 12-unit investment property in Long Beach, California. The property is located between Pacific Coast Highway and 17th Street in the Zaferia neighborhood just minutes from Alamitos Bay and the beach.1 This property consists of all 2-bedroom 1-bathroom units. All the units are separately metered for gas and electricity. The property also offers ample surface parking in the rear of the building.

Listed by Shane Young | BRE #01963090 | Marcus & Millichap
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20063520
City
Long Beach
County
Los Angeles
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
  • # of Electric Meters: 12
  • # of Gas Meters: 12
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $177,108
  • Total Rent: $177,108
  • Pro Forma/Market Rent: $262,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $177,108
  • Net Operating Income: $105,067
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $66,729
  • Electric: $1,200
  • Gas/Fuel: $1,200
  • New Taxes: $38,294
  • Trash: $0
  • Gardener: $720
  • Insurance: $3,073
  • Maintenance: $7,800
  • Professional Management: $8,590
  • Water/Sewer: $0

Property Details for 1757 Coronado Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: See Remarks
Lot Information
  • Lot Features: 11-15 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 12
  • Parcel Number: 7259001018
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Downtown (DT)
  • Directions: Located between Pacific Coast Highway and 17th Street in the Zaferia neighborhood
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Long Beach Agent

Sale History for 1757 Coronado Ave

Last sold for $2,200,000 on July 2nd, 2020

  • July, 2020

  • Jul 3, 2020

    Date

    Sold

    CRMLS: PW20063520

    $2,200,000

    Price

  • May 21, 2020

    Date

    Active Under Contract

    CRMLS: PW20063520

    $2,990,000

    Price

  • Mar 25, 2020

    Date

    Active

    CRMLS: PW20063520

    $2,990,000

    Price

  • July, 2020

  • Jul 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

Show More

Tax History for 1757 Coronado Ave

Assessed Value (2020): $587,315
Year Land Value Improved Value Assessed Value
2020 $214,208 $373,107 $587,315

Home Value Compared to the Market

This property vs the competition

1757 Coronado Ave sold on July 2, 2020 for 273.75% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $389.22 per/sqft which puts the price per square foot 38.41% lower than the current median sale per square foot for the city of Long Beach.

About 1757 Coronado Ave

Detailed summary of property

1757 Coronado Ave is a multi family that recently sold in Long Beach, CA 90804. This multi family property offered 24 bedrooms, 12 bathrooms, roughly 7,682 living square feet, and sits on an approximately 6,501 square foot lot. 1757 Coronado Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,200,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 273.75% higher than the current median priced home. Local homes that are currently for sale include 536 Saint Louis Ave, 441 Dawson Ave and 1377 Warren Ave. While the average home in Long Beach, CA is selling in 51 days, 1757 Coronado Ave has a days on market of 50 days. There are currently 639 homes for sale in the Long Beach real estate market and 366 of them are single family homes while 259 of them are condos and 14 are townhomes. For more information on this home for sale at 1757 Coronado Ave Long Beach, CA 90804 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1757 Coronado Ave

Public county record property details
Beds
12
Baths
6
Year built
1958
Sq. Ft.
3,841
Lot Size
6,500
Stories
--
Type
Apartment House (5+ Units)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
17
APN
7259-001-018

The source for these homes facts are from public records.

90804 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$515,000
Median List Price/Sq.Ft.
$594
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$667
Total Inventory
53
Median Sale to List Price %
104.77%
Avg Days on Market
23
Loan Type
Conventional (57.14%), FHA (0%), VA (14.29%), Cash (28.57%), Other (0%)

Thinking of Selling?

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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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