Long Beach, CA 90814,370 Coronado AVE
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Long Beach, CA 90814,370 Coronado AVE
Long Beach, CA 90814,370 Coronado AVE

$975,000

Est. payment /mo

$1,000,000

2.5%
Est.Price: ?

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370 Coronado AVE Long Beach, CA 90814

6,969 Sqft Lot

SOLD DATE : 10/15/2020

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW20196044

Sold Date 10/15/20

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1923

Lot Size 6,969 Sqft

Property Description

Great opportunity for this well producing bungalow-style triplex in a prime Bluff Heights location. Units have been recently updated, units are fully occupied with paying tenants and has been professionally managed. All the windows, in all 3 units have been updated to dual pane vinyl windows, the exterior has all recently and front has been beautifully landscaped. Unit 370 is a 2 bed/1 bath 750 sq/ft with it's own private backyard oasis and laundry hookups in the garage . The front two units (372 & 372 1/2) share a beautiful oversized front porch, perfect for relaxing and enjoying the neighborhood. Unit 372 is a 1 bed/1 bath 650 sq/ft with beautiful hardwood floors, new contemporary paint, ceiling fans and most recently updated with fully renovated kitchen with new designer cabinets, granite countertops, new overhead vent hood, new tile flooring, new sink and new hardware. Unit 372 1/2 is a 1 bed/1 bath 650 sq/ft with remodeled open kitchen with granite countertops, new sink and fixtures as well as beautiful dark hardwood floors throughout. Strong 15 GRM and accurate 4.5% cap rate factoring last 12 months actual expenses and new tax amount!!! Rent Roll is attached under supplements. These units are well maintained, professionally managed and ready to make you some money. Ideal location, located within walking distance to local shops, cafes, and the beach. Please do not disturb tenants. *Interior photos on listing were taken before tenants moved in.

Location

State CA

County Los Angeles

Area 2 - Belmont Heights, Alamitos Heights

Zoning LBR2A

Interior

Flooring Carpet, Wood

Fireplace No

Laundry In Garage

Exterior

Parking Features On Street

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Lot Description Sprinklers In Front

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7257014013

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Blair Newman • Berkshire Hathaway H.S.C.P.
Bought with Hoyt Hochman • Hoyt Hochman, Broker

Chris Robertson

Broker Associate | License ID: 01727638

+1(949) 777-5607

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