Steven Bogoyevac
This listing was posted on RealtyWW.
$1,750,000
Home For Sale In Long Beach, California
Price:
$1,750,000
BR/BA:
8 BR, 8 BA
Location:
1048 Coronado Ave, Long Beach, CA
Description:
Offered at a 5.87 percent cap rate on current rents, this asset is a great acquisition opportunity for an investor looking for strong in-place cash flow and additional rental upside in the strong Eastside Long Beach rental market. This asset offers a highly desirable layout of all single-story one-bed/one-bath bungalows that are separately metered for gas and electricity. Additionally, the property is securely gated and also offers on-site laundry. 1048 Coronado Avenue 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, freeways, and Cal State Long Beach. 1048 Coronado Avenue is offered along with 1043 Coronado Avenue, a 12-unit property located across the street; properties must be acquired together. These assets are part of a Long Beach portfolio sale along with 716 Raymond Avenue, a 16-unit asset that may be acquired separately.For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i70206969
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More About this Listing: Home For Sale In Long Beach, California
Home For Sale In Long Beach, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 1048 Coronado Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 1048 Coronado Ave by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Long Beach CA.
Home For Sale In Long Beach, California is a Eight Bedroom Eight Bath Single-Family Homes for Sale at 1048 Coronado Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 1048 Coronado Ave by searching Oodle Classifieds for Eight Bedroom Eight Bath Single-Family Homes for Sale in Long Beach CA.