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.
Property Details
Price:
$1,250,000
MLS #:
SB25166153
Status:
Active
Baths:
0
Address:
1424 Coronado Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
3eastsidecirclearea
City:
Long Beach
Listed Date:
Jul 23, 2025
State:
CA
ZIP:
90804
Lot Size:
6,880 sqft / 0.16 acres (approx)
Year Built:
1923
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Schools
Interior
Exterior
Community Features
Sidewalks, Urban
Garage Spaces
5.00
Lot Features
Rectangular Lot
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1424 Coronado Avenue Long Beach CA
- Area3 – Eastside, Circle Area
- CityLong Beach
- CountyLos Angeles
- Zip Code90804
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1424 Coronado Avenue
Long Beach, CA
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