NOT LISTED FOR SALE

Estimated Value: $1,257,000 - $1,479,000

3 Beds
3 Baths
1,152 Sq Ft
$1,195/Sq Ft Est. Value

Last Sold December 05, 2024

Last sale price $1,300,000 $1,128 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,172/month

41 Days on Market

Highlights

  • Ductless Heating Or Cooling System
  • Laundry Room
  • Rectangular Lot
  • Woodrow Wilson High School Rated A
  • 2 Car Garage
  • Heating Available

About This Home

As of December 2024

$100,000 Price Reduction! Welcome to 116 Coronado Ave., a charming townhouse nestled in the heart of Long Beach’s coveted Bluff Park neighborhood. This unique property offers a 2-bedroom, 2-bathroom main residence, along with a non-conforming 1-bedroom, 1-bathroom rental unit above the garages. Step into the inviting living room, where extra-high ceilings, recessed lighting, an endearing fireplace, and an abundance of natural light create a welcoming atmosphere. The wood plank flooring adds warmth and character throughout the home. At its heart, the fully renovated kitchen boasts granite countertops, a farmhouse sink, Whirlpool stainless steel appliances, and shaker cabinets with soft-close drawers—perfect for any home chef. Upstairs, you'll find the private primary suite featuring an ensuite bathroom, convenient laundry, and access to an outdoor patio—ideal for morning coffee or evening relaxation. The master bedroom and living room are both equipped with ductless HVAC, ensuring year-round comfort. The downstairs bedroom is spacious, with French doors leading to a quaint back patio, offering easy access to the secluded, fenced rear yard—a tranquil retreat perfect for outdoor gatherings. The detached structure houses two single-car garages, a storage area, and a non-conforming 1-bedroom, 1-bathroom unit, providing additional income potential. 1 bd/1bth unit square footage not included in the listing, approx. 650 SF. Front house approx. 1,152 SF. Located just a few blocks from the beach, Broadway’s popular restaurants, shops, and coffee spots, and a short distance from 2nd Street's vibrant dining and shopping scene, this home blends modern comforts with an unbeatable location. Don't miss the chance to make this exceptional residence your own!

Last Agent to Sell the Property

Spencer Pabst

Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 09/29/2024

Last Buyer's Agent

Cody Roe

eXp Realty of California Inc License #01901805

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 4,193 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 2 / 76
  • Tax Tract Number 5772
  • Assessor Parcel Number 7264011002
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Bluff Park Subdivision

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $5,275
  • Net Operating Income $63,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Bluff Park (BLF)
  • Zoning: LBR2L
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7264011002
  • Year Built: 1985
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1128.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: In Closet, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4193.00
  • Lot Size Acres: 0.0963

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 1152 Square Feet
  • Gross Income: 5275.00
  • Gross Scheduled Income: 63300.00
  • Lot Size Area: 4193.0000 Square Feet
  • Net Operating Income: 63300.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1275.00

Tax Info

  • Tax Block: 76
  • Tax Census Tract: 5772.00
  • Tax Lot: 2
  • Tax Tract Number: 5772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2024
Closed on
Nov 12, 2024
Sold by
Pabst Living Trust and Pabst Keegan K
Bought by
Herc West Trust and Herc
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Cody Roe
eXp Realty of California Inc
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Views
46
Current Estimated Value
$1,376,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,207
Avg. Annual Appreciation
5.08%
Original Mortgage
$767,000
Outstanding Balance
$757,758
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$618,449

Purchase Details

Closed on
Apr 25, 2019
Sold by
Thompson Robert E and Poan Chester
Bought by
Pabst Keegan K and Pabst Caitlin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 1999
Sold by
Thompson Robert E
Bought by
Thompson Robert E and Robert E Thompson Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herc West Trust $1,300,000 Fidelity National Title
Herc West Trust $1,300,000 Fidelity National Title
Pabst Keegan K $890,000 Fidelity National Title Co
Thompson Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herc West Trust $767,000
Closed Herc West Trust $767,000
Previous Owner Pabst Keegan K $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2024 12/05/24 Sold $1,300,000 -6.8% $1,128 / Sq Ft
10/22/2024 10/22/24 Price Changed $1,395,000 -6.7% $1,211 / Sq Ft
09/29/2024 09/29/24 For Sale $1,495,000 -- $1,298 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,296 $1,300,000 $1,117,100 $182,900
2024 $12,296 $973,341 $778,674 $194,667
2023 $12,093 $954,256 $763,406 $190,850
2022 $11,341 $935,546 $748,438 $187,108
2021 $11,127 $917,203 $733,763 $183,440
2020 $11,097 $907,800 $726,240 $181,560
2019 $3,515 $598,862 $464,296 $134,566
2018 $7,292 $587,121 $455,193 $131,928
2016 $6,708 $564,324 $437,518 $126,806
2015 $6,435 $555,849 $430,947 $124,902
2014 $6,388 $544,962 $422,506 $122,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24198653

California Regional Multiple Listing Service (CRMLS)

APN: 7264-011-002