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Image 1 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 2 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 3 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 4 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 5 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 6 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 7 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 8 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Image 9 - 10745 Coronado Avenue, Long Beach, CA 90804, USA - House for sale
Home For Sale In Long Beach, California
10745 Coronado Avenue, Long Beach, CA 90804, USA

Home For Sale In Long Beach, California

house for sale
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Listed: 04/05/24

10745 Coronado Avenue, Long Beach, CA 90804, USA

2 Bed:
12 Bath:
4,640 Sq Ft Living Area:
Save
Price
$ 2,37M

About This House

Offered at a 5.79 percent cap rate on current rents, this offering is a great acquisition opportunity for an investor looking for strong in-place cash flow in Long Beachs desirable Eastside rental market. Assumable financing is available. 1043 Coronado Avenue is a 1923 construction with 11 studios and one two-bed/one-bath unit; most units are single-story floor plans and all are separately metered for gas and electricity. The property also offers on-site laundry and five garages that generate additional income. This asset is located in Eastside Long Beach, a strong-performing rental submarket, one block west of Redondo Avenue and within easy walking distance of a Food4Less-anchored shopping center and several dining options. This location offers tenants convenient access to Belmont Shore, …  Full description

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Long Beach Housing & Living

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.