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385 Coronado Ave, Long Beach, CA 90814
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385 Coronado Ave Long Beach, CA 90814

$1,025,000 Sold Price as of 03/16/2021
  • 5 Beds
  • 3 Baths
  • 2,217 Sq.Ft.
Sold
$1,025,000 Sold Price as of 03/16/2021 Refinance Your Mortgage
Map preview of 385 Coronado Ave, Long Beach, CA 90814

Property Overview: 385 Coronado Ave Long Beach, CA has 5 bedrooms, 3 bathrooms, 2,217 living square feet and 6,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming 4 bedroom 2 bath Craftman Style Duplex in Belmont Heights South of 4th Street. Classic porch entry, beautiful, original hardwood floors in the main house, a new kitchen with granite counters, ceramic tile floors, new cabinetry. The 4th bedroom has a fireplace, and can function as a family room which can be separated by adding a door to make a private area for quests or relatives with access to the 2nd bath. Original Craftsman windows. Recently repainted throughout and tenant occupied. Laundry facilities in the over sized double garage. Garage is lined with additional cabinetry and some granite counters. The newer 1 bedroom above the garages has no common walls with the front house and was built much later. It has a good sized LR, DR, inside stacked laundry cabinet, front patio and balconies, two separate single garages occupied by the tenants. Both units are tenant occupied. Potential additional parking in driveway. Good sized front yard. No Mello Roos Tax. Water, Sewer and Trash on 1 bill.

Listed by Silvana Raiola | BRE #00411102 | Landmark Realtors
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 187

Home details

Lot Sq. Ft
6,751
HOA Dues
$0/mo
Year built
1921
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC20148812
City
Long Beach
County
Los Angeles
Time on Site
1515 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $39,000
  • Total Rent: $39,000
  • Pro Forma/Market Rent: $40,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $20,340
  • Total Rent: $22,200
  • Pro Forma/Market Rent: $22,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $59,340
  • Net Operating Income: $47,473
  • Gross Operating Income: --
  • # of Rented Garages: 4
Annual Expense Breakdown
  • Total Operating Expense: $11,867
  • New Taxes: $11,867
  • Trash: $0
  • Insurance: $900
  • Water/Sewer: $720

Property Details for 385 Coronado Ave

Interior Features
Laundry Information
  • Has Laundry
  • In Garage, Inside
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Front Yard, Landscaped, Sprinklers In Front
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7257013008
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Belmont Heights (BH)
  • Directions: South of 4th and 1 Street West of Redondo
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Street Lights
View more facts & features

Local Long Beach Agent

Sale History for 385 Coronado Ave

Last sold for $1,025,000 on March 16th, 2021

  • March, 2021

  • Mar 17, 2021

    Date

    Sold

    CRMLS: OC20148812

    $1,025,000

    Price

  • Feb 2, 2021

    Date

    Active Under Contract

    CRMLS: OC20148812

    $1,078,800

    Price

  • Jul 29, 2020

    Date

    Price Change

    CRMLS: OC20148812

    $1,078,800

    Price

  • Jul 28, 2020

    Date

    Active

    CRMLS: OC20148812

    $1,078,800

    Price

  • July, 2018

  • Jul 13, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2013

  • Mar 5, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 385 Coronado Ave

Assessed Value (2020): $624,064
Year Land Value Improved Value Assessed Value
2020 $376,794 $247,270 $624,064

Home Value Compared to the Market

This property vs the competition

385 Coronado Ave sold on March 16, 2021 for 31.72% higher than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $486.6 per/sqft which puts the price per square foot 22.52% lower than the current median sale per square foot for the city of Long Beach.

About 385 Coronado Ave

Detailed summary of property

385 Coronado Ave is a multi family that recently sold in Long Beach, CA 90814. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,217 living square feet, and sits on an approximately 6,751 square foot lot. 385 Coronado Ave was first listed on ArdentRealEstateGroup.com on July 28, 2020. The homeowner sold the property for $1,025,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 31.72% higher than the current median priced home. Local homes that are currently for sale include 5000 E 1st St, 1339 Peterson Ave and 2251 E 20th Street. While the average home in Long Beach, CA is selling in 62 days, 385 Coronado Ave has a days on market of 187 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 385 Coronado Ave Long Beach, CA 90814 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 385 Coronado Ave

Public county record property details
Beds
5
Baths
3
Year built
1921
Sq. Ft.
2,217
Lot Size
6,751
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
7257-013-008

The source for these homes facts are from public records.

90814 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$642
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$596
Total Inventory
45
Median Sale to List Price %
106.54%
Avg Days on Market
31
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (21.43%), Other (35.71%)

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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