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265 Corona Ave, Long Beach, CA 90803
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265 Corona Ave Long Beach, CA 90803

$2,195,000
  • 5 Beds
  • 3.75 Baths
  • 3,616 Sq.Ft.
For Sale
$2,195,000 Get Pre-Qualified
Map preview of 265 Corona Ave, Long Beach, CA 90803

Property Overview: 265 Corona Ave Long Beach, CA has 5 bedrooms, 3.75 bathrooms, 3,616 living square feet and 7,404 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: Welcome to this exceptional 3-unit property in the highly desirable Belmont Shore neighborhood! Just a short distance to the canals and beaches, enjoy ocean breezes with the perfect blend of coastal living and vibrant community! The standout 3-bedroom unit offers a blank canvas, ready for your personal touch, with abundant natural light and a large backyard perfect for entertaining. Situated on a spacious 7,400+ sq ft lot, this property is close to top-rated schools, beautiful parks, and the lively 2nd Street Shopping & Dining District. Nearby area highlights include Marine Stadium (future 2028 Olympic venue), Belmont Pier, aquatic activities, and local favorites like Rosie’s Dog Beach. Enjoy community events like Stroll & Savor, the Belmont Shore Car Show, and holiday parades on 2nd Street. Plus, two double-car garages offer secure parking, storage, or potential ADU development! Don’t miss this rare opportunity to own in one of Long Beach’s most sought-after neighborhoods!

Listed by Jeffrey Isenberg | BRE #02059354 | Buckingham Investments, Inc
Last checked: 20 seconds ago | Last updated: September 28th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
7,404
HOA Dues
$0/mo
Year built
1945
Garage
4 Car
Property Type:
Triplex
Status
Active
MLS#
SB24198353
City
Long Beach
County
Los Angeles
Time on Site
2 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,960
  • Total Rent: $1,960
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,795
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,960
  • Total Rent: $1,960
  • Pro Forma/Market Rent: $2,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,040
  • Net Operating Income: $13,935
  • Gross Operating Income: $45,628
  • Vacancy Allowance: $1,411
Annual Expense Breakdown
  • Total Operating Expense: $31,694
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $27,438
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $1,655
  • Water/Sewer: $1,671

Open Houses for 265 Corona Ave

Sunday, Sep 29th: 12:00pm-3:00pm
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Property Details for 265 Corona Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Community, Individual Room, Inside
Fireplace Information
  • Has Fireplace
  • Den, Primary Bedroom, Gas
Room Information
  • Flooring: Carpet
  • Family Room, Laundry, Living Room, Primary Suite, Separate Family Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s), Copper Plumbing Partial, Recessed Lighting
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Rain Gutters
  • Has Fence
  • Excellent Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 7249012013
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Park (BP)
  • Directions: Between E The Toledo & E Broadway
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Biking, Dog Park, Watersports, Sidewalks
View more facts & features

Local Long Beach Agent

Sale History for 265 Corona Ave

Last sold on July 25th, 2018

  • September, 2024

  • Sep 25, 2024

    Date

    Active

    CRMLS: SB24198353

    $2,195,000

    Price

  • July, 2018

  • Jul 25, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 265 Corona Ave

Assessed Value (2020): $164,048
Year Land Value Improved Value Assessed Value
2020 $131,124 $32,924 $164,048

Home Value Compared to the Market

This property vs the competition

265 Corona Ave is listed 185.44% higher than the median list price for the city of Long Beach which has a median list price of $769,000. The median price per/sqft for Long Beach is $648 and this home is listed at $607.02 per/sqft which puts the price per square foot 6.32% lower than the median price per square foot for the city of Long Beach.

About 265 Corona Ave

Detailed summary of property

265 Corona Ave is a triplex located in Long Beach, CA 90803 and is currently for sale. This triplex offers 5 bedrooms, 3.75 bathrooms, roughly 3,616 living square feet, and sits on an approximately 7,404 square foot lot. 265 Corona Ave was first listed on ArdentRealEstateGroup.com on September 26, 2024. The homeowner is currently asking $2,195,000. The median priced home in Long Beach is $769,000 with a median price per square foot of $648. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 185.44% higher than the median priced home. Local competing homes currently for sale include 5101 E 1st St, 229 Roswell Ave and 70 Roswell Ave. While the average home in Long Beach, CA is selling in 65 days, 265 Corona Ave has a days on market of 3 days. There are currently 777 homes for sale in the Long Beach real estate market and 410 of them are single family homes while 343 of them are condos and 22 are townhomes. For more information on this home for sale at 265 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 265 Corona Ave

Public county record property details
Beds
4
Baths
4
Year built
1945
Sq. Ft.
3,616
Lot Size
7,402
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
7249-012-013

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
$1,600,000
Median List Price/Sq.Ft.
$824
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$755
Total Inventory
120
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%)

Tour This Home

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(714) 706-1823

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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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