NOT LISTED FOR SALE

1456 Coronado Ave Long Beach, CA 90804

Zaferia Neighborhood
-- Bed
6 Baths
4,644 Sq Ft
6,252 Sq Ft Lot

Last Sold September 22, 2023

Last sale price $1,650,000 $355 Per Sq Ft

17 Days on Market

Highlights

  • Art Studio
  • No HOA
  • 1-Story Property
  • Woodrow Wilson High School Rated A

About This Home

As of September 2023

Great East side Long Beach Property in a high desire rental area conveniently close to schools, shops, stores, bus roads freeway , and Beach.
There is a total of 12 units studios units with one bath each. some of the units are remodeled. Vacancy is almost 0 due to high demand in the area.
All utilities is paid for by the Landlord

Last Agent to Sell the Property

Nurimar Larco

C-21 Astro License #01190723 Listed on: 07/11/2023

Last Buyer's Agent

Austin Carr

Realty One Group United License #01986298

Realty One Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,400

Year Built

  • Built in 1923

Lot Details

  • 6,252 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 6 Bathrooms
  • 4,644 Sq Ft Home
  • 1-Story Property
  • Art Studio

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 3603
  • Assessor Parcel Number 7259007006
  • $1,860 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 12 Units
  • Eastside Subdivision

Building Details

  • 12 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $8,400
  • Fuel Expense $3,600
  • Gardener Expense $1,800
  • Insurance Expense $4,000
  • Maintenance Expense $6,000
  • Professional Management Expense $1,000
  • Trash Expense $2,604
  • Water Sewer Expense $1,800
  • Operating Expense $29,204
  • Gross Income $96,000
  • Net Operating Income $97,162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,400

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Other Phone Description: 562-896-5842
  • Price Per Unit: 157500
  • Professional Management Expense: 1000.00
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LBR2N
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 7259007006
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 355.30
  • Room Type: Art Studio, Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Laundry: No
  • Electric: Electricity - On Property
  • Sewer: Public Sewer
  • Trash Expense: 2604.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 6252.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 8400.00
  • Fuel Expense: 3600.00
  • Gross Income: 96000.00
  • Gross Multiplier: 14.00
  • Gross Operating Income: 136800.00
  • Gross Scheduled Income: 136800.00
  • Gross Spendable Income: 1042286.00
  • Insurance Expense: 4000.00
  • Lease Term: 12 Months
  • Lot Size Area: 6252.0000 Square Feet
  • Maintenance Expense: 6000.00
  • Net Operating Income: 97162.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 39638.00
  • Operating Expense Percent: 29.00
  • Rent Control: No
  • Total Actual Rent: 136800.00
  • Total Expenses: 29204.00

Tax Info

  • Tax Census Tract: 5751.03
  • Tax Lot: 42
  • Tax Tract Number: 3603
  • Tax Annual Amount: 11400.00
  • TaxOtherAnnualAssessmentAmount: 1860.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $1,650,000 -12.7% $355 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $1,890,000 -- $407 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nurimar Larco

    C-21 Astro

    (562) 896-5842

    1 in this area

    44 Total Sales

    Nurimar Larco
    Section Image
  • Austin Carr

    Buyer's Agent in 2023

    Austin Carr

    Realty One Group United

    (562) 537-7496

    2 in this area

    17 Total Sales

    Austin Carr
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23091286

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90804 Zaferia

1456 Coronado Ave, Long Beach, CA

This home is located at 1456 Coronado Ave, Long Beach, CA 90804 since 11 July 2023. This property was built in 1923. 1456 Coronado Ave is a home located in Los Angeles County with nearby schools including Nieto Herrera Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes