We are proud to present 1424 Coronado Avenue, a charming bungalow-style investment opportunity located in the heart of Long Beach. This property features single-story living across all units, each offering a desirable 1-bedroom, 1-bath layout. All units are in very good condition, providing investors with low maintenance and strong tenant appeal. The property includes four garage spaces that were built within the last five years, adding value and functionality. With a current 5.91% CAP rate and the potential to reach a 7.69% market CAP, along with an 11.43 GRM and market potential of 9.26, this asset offers both immediate stability and future upside.
|
DAYS ON MARKET
|
18
|
LAST UPDATED
|
7/30/2025
|
|
YEAR BUILT
|
1923
|
COMMUNITY
|
3 - Eastside, Circle Area
|
|
GARAGE SPACES
|
5.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Conditional
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PROPERTY TYPE(S)
|
Residential Income
|
| AREA |
3 - Eastside, Circle Area |
| GARAGE |
Yes |
| LOT |
6878 sq ft |
| LOT DESCRIPTION |
Rectangular Lot |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| WATER |
Public |
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Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 8/9/25 2:50 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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