Seller's Agent in 2017
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
4 in this area
74 Total Sales
307 Coronado Ave Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated Value: $1,903,000 - $3,148,000
2
Beds
1
Bath
4,898
Sq Ft
$513/Sq Ft
Est. Value
Highlights
- Fireplace in Bathroom
- Wood Flooring
- Laundry Room
- Woodrow Wilson High School Rated A
- Balcony
- 4 Car Garage
About This Home
As of April 2017The Coronado Apartments is a charming Spanish style 4-plex in the popular Belmont Heights neighborhood of Long Beach. The property is comprised of a highly desirable unit mix of four (2 bedroom + 1 Bath) units. The building was completely gutted and rebuilt 10 years ago. Each unit is over 1,200 Sq.Ft., featuring custom cabinetry, stainless steel appliances, hardwood/tile flooring, in-unit washer/dryer and private balconies. The property has a completed tract map, Buyer could sell units individually as condos. The property offers investors the opportunity acquire a turn-key asset in a strong, non-rent controlled market.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 02/11/2017
Last Buyer's Agent
Mark Witsken
KW Advisors License #01884724
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 6,751 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
Home Design
- Quadruplex
Interior Spaces
- 4,898 Sq Ft Home
- Living Room with Fireplace
- Dining Room with Fireplace
- Laundry Room
Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
- Fireplace in Kitchen
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
- Fireplace in Bathroom
Additional Features
- Balcony
- Sewer Not Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 5771
- Assessor Parcel Number 7257020026
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1,440
- Gardener Expense $720
- Insurance Expense $1,152
- Maintenance Expense $1,800
- Other Expense $900
- Pest Control $500
- Professional Management Expense $5,641
- New Taxes Expense $23,811
- Operating Expense $36,463
- Gross Income $112,812
- Net Operating Income $76,349
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2017
Closed on
Apr 14, 2017
Sold by
Fleming Wendell
Bought by
The Wendell Alexander Fleming June 2007
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Mark Witsken
KW Advisors
List Price
$2,000,000
Sold Price
$2,000,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,463
Avg. Annual Appreciation
2.63%
Purchase Details
Listed on
Feb 11, 2017
Closed on
Mar 25, 2017
Sold by
Wahl Joann
Bought by
Long Beach Trading Company Inc
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Mark Witsken
KW Advisors
List Price
$2,000,000
Sold Price
$2,000,000
Purchase Details
Closed on
Jun 14, 2005
Sold by
Luna Albert
Bought by
Wahl Joann and Franco Carlos R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 3, 2005
Sold by
Franco Tara M
Bought by
Franco Carlos R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,008,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 23, 1999
Sold by
The Albert Luna Family Trust
Bought by
Luna Albert
Purchase Details
Closed on
Nov 15, 1996
Sold by
Luna Albert
Bought by
The Albert Luna Family Trust
Purchase Details
Closed on
Jun 25, 1996
Sold by
Colonna Frank A and Colonna Michelle D
Bought by
Luna Albert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.09%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Wendell Alexander Fleming June 2007 | -- | Ticor Title Company | |
| Fleming Wendell | $2,000,000 | Ticor Title Company | |
| Long Beach Trading Company Inc | -- | Ticor Title Company | |
| Wahl Joann | $1,260,000 | North American Title Co | |
| Franco Carlos R | -- | North American Title Co | |
| Luna Albert | -- | Continental Title | |
| The Albert Luna Family Trust | -- | -- | |
| Luna Albert | $334,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wahl Joann | $1,008,000 | |
| Previous Owner | Luna Albert | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/18/2017 04/18/17 | Sold | $2,000,000 | 0.0% | $408 / Sq Ft |
| 02/17/2017 02/17/17 | Pending | -- | -- | -- |
| 02/11/2017 02/11/17 | For Sale | $2,000,000 | 0.0% | $408 / Sq Ft |
| 10/21/2014 10/21/14 | Rented | $2,495 | +8.7% | -- |
| 10/21/2014 10/21/14 | For Rent | $2,295 | 0.0% | -- |
| 06/08/2013 06/08/13 | Rented | $2,295 | +4.6% | -- |
| 05/10/2013 05/10/13 | Under Contract | -- | -- | -- |
| 05/07/2013 05/07/13 | For Rent | $2,195 | +10.0% | -- |
| 03/23/2012 03/23/12 | Rented | $1,995 | 0.0% | -- |
| 03/22/2012 03/22/12 | Under Contract | -- | -- | -- |
| 03/18/2012 03/18/12 | For Rent | $1,995 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $29,256 | $2,321,166 | $1,624,818 | $696,348 |
| 2024 | $29,256 | $2,275,654 | $1,592,959 | $682,695 |
| 2023 | $28,771 | $2,231,034 | $1,561,725 | $669,309 |
| 2022 | $26,993 | $2,187,289 | $1,531,103 | $656,186 |
| 2021 | $26,467 | $2,144,402 | $1,501,082 | $643,320 |
| 2019 | $26,089 | $2,080,800 | $1,456,560 | $624,240 |
| 2018 | $25,401 | $2,040,000 | $1,428,000 | $612,000 |
| 2016 | $13,404 | $1,100,000 | $672,200 | $427,800 |
| 2015 | $11,928 | $1,000,000 | $611,100 | $388,900 |
| 2014 | $12,074 | $1,000,000 | $611,100 | $388,900 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
M
Buyer's Agent in 2017
Mark Witsken
KW Advisors
-
Joann Wahl
J
Seller's Agent in 2014
Joann Wahl
Joann Wahl, Broker
(562) 439-8220
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17029014
APN: 7257-020-026
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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
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