NOT LISTED FOR SALE

720 Coronado Ave Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $829,000 - $1,646,887

4 Beds
4 Baths
1,737 Sq Ft
$805/Sq Ft Est. Value

Last Sold November 22, 2024

Last sale price $1,550,000 $892 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $8,219/month

23 Days on Market

Highlights

  • Craftsman Architecture
  • Marble Countertops
  • Living Room
  • Woodrow Wilson High School Rated A
  • Wood Patio
  • Laundry Room

About This Home

As of November 2024

Introducing 720 Coronado, Long Beach, CA - 'The Barbie House' This unique property features two beautifully renovated homes on a spacious 8,000 sq. ft. lot, each offering 2 bedrooms and 2 bathrooms, with the convenience of interior laundry, 8 parking spaces, and a one-car garage.The front home, lovingly dubbed 'The Barbie House,' is a thriving short-term rental business, generating impressive income of $6,000 - $10,000/month as a popular Airbnb. The rear home is traditionally leased, bringing in $4,000/month.With sleek, modern kitchens, stylish bathrooms, and contemporary finishes throughout, this property is the epitome of turnkey investment. Why start from scratch when you can step into a thriving business? Join us for the first open house this Saturday & Sunday, August 17 and 18, from 12 to 2 PM. Come see this beautiful investment opportunity in person!

Last Agent to Sell the Property

David Rios

eXp Realty of Southern California, Inc License #01797545 Listed on: 08/14/2024

eXp Realty of Southern California, Inc

Last Buyer's Agent

Amanda Jacobellis

Bayside License #02119805

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,999 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Duplex
  • Craftsman Architecture
  • Raised Foundation
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,737 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Vinyl Flooring

Kitchen

  • Range Hood
  • Dishwasher
  • Marble Countertops
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • 8 Parking Garage Spaces
  • Driveway

Outdoor Features

  • Wood Patio

Schools

  • Woodrow Wilson High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 7258022028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Property Attached/Detached: No
  • Levels: One
  • Price Per Unit: 792000.00
  • Building Style: Craftsman
  • Entry Location: Living Room
  • List Price per Sq Ft: 911.92
  • Lp Sp Ratio: 0.9800
  • Water District Name: Long Beach
  • Year Built: 1924
  • ADA Compliant: Yes
  • Co Listing Office Address: 2734 E. Broadway, Suite #8, Long Beach, CA 90803
  • Internal Listing I D: 20240814210402091161000000
  • Listing I D: 219115412
  • Listing Member Address: 10620 Treena St Ste 230, Gina Saad, San Diego, CA 92131
  • Listing Office Address: 10620 Treena St Ste 230, Gina Saad, San Diego, CA 92131
  • List Office Board Code: Palm Springs Association of Realtors
  • Selling Office Address: 920 Manhattan Beach Blvd Ste 4, Manhattan Beach, CA 90266
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Washer, Stackable W/D Hookup, Dryer
  • Range Hood: Yes
  • Flooring: Vinyl
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Kitchen Features: Marble Counters, Quartz Counters
  • Laundry Equipment: Own
  • Laundry: In Kitchen, Laundry Area
  • Estimated Sq Ft: 1737.00
  • Windows Treatments: Mini Blinds

Exterior Features

  • Construction: Wood Siding
  • Roofing: Composition Shingle
  • Foundation: Raised
  • Patio: Wood

Garage/Parking

  • Parking: Driveway
  • Parking Info Total Garage Spaces: 1.00
  • Parking Info Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 8.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: Unknown
  • Water: Water District
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Condo/Co-op/Association

  • Unit Location: Rear Unit

Lot Info

  • Assessor Parcel Number: 7258022028
  • Irrigation: Sprinkler System
  • Lot Description: Fenced, Sidewalks, Street Public, Street Lighting
  • Lot Size: 7999.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas
  • Land Lease Type: Fee Simple

Multi Family

  • Rent Control: Yes
  • Total Units: 2

MLS Schools

  • High School: Woodrow Wilson
  • School District: Long Beach Unified

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 30, 2024
Sold by
Rios David
Bought by
Stiegler Zachary and Stiegler Kaitlyn
Seller's Agent
David Rios
eXp Realty of Southern California, Inc
Buyer's Agent
Amanda Jacobellis
Bayside
List Price
$1,584,000
Sold Price
$1,550,000
Premium/Discount to List
-$34,000
-2.15%
Views
42
Current Estimated Value
$1,397,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,528
Avg. Annual Appreciation
-8.47%
Original Mortgage
$1,419,412
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 9, 2019
Closed on
Sep 20, 2019
Sold by
Amador Remigio and Amador Carolina
Bought by
Amador Joanna
Seller's Agent
Christa Vessell
Coldwell Banker Commercial
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$900,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 9, 2019
Closed on
Sep 17, 2019
Sold by
Ries David and Lara Rudolph
Bought by
Rios David
Seller's Agent
Christa Vessell
Coldwell Banker Commercial
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 9, 2019
Closed on
Aug 13, 2019
Sold by
Dixon John G and The Dixon Trust
Bought by
Rios David and Lara Rudolph
Seller's Agent
Christa Vessell
Coldwell Banker Commercial
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.6%
Mortgage Type
Commercial
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
Stiegler Zachary $1,550,000 Wfg National Title
Stiegler Zachary $1,550,000 Wfg National Title
Amador Joanna -- None Available
Rios David -- First American Title Company
Rios David $825,000 Ticor Title
Lara Rudolph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stiegler Zachary $1,419,412
Previous Owner Rios David $900,000
Previous Owner Rios David $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2024 11/22/24 Sold $1,550,000 -2.1% $892 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $1,584,000 +92.0% $912 / Sq Ft
08/20/2019 08/20/19 Sold $825,000 -7.8% $459 / Sq Ft View Prior Sale
07/25/2019 07/25/19 For Sale $895,000 0.0% $498 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
07/08/2019 07/08/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $895,000 -- $498 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $11,808 $1,550,000 $1,000,000 $550,000
2024 $11,808 $905,472 $670,125 $235,347
2023 $11,614 $887,719 $656,986 $230,733
2022 $10,904 $870,313 $644,104 $226,209
2021 $10,694 $853,249 $631,475 $221,774
2020 $10,433 $825,000 $650,000 $175,000
2019 $5,475 $409,022 $321,748 $87,274
2018 $5,200 $401,003 $315,440 $85,563
2016 $4,782 $385,434 $303,192 $82,242
2015 $4,593 $379,645 $298,638 $81,007
2014 $4,569 $372,210 $292,789 $79,421
Source: Public Records

Agents Affiliated with this Home

  • David Rios

    Seller's Agent in 2024

    David Rios

    eXp Realty of Southern California, Inc

    (714) 345-7610

    1 in this area

    33 Total Sales

    David Rios
    Section Image
  • Amanda Jacobellis

    Buyer's Agent in 2024

    Amanda Jacobellis

    Bayside

    (310) 620-1929

    1 in this area

    51 Total Sales

    Amanda Jacobellis
    Section Image
  • Christa Vessell

    Seller's Agent in 2019

    Christa Vessell

    Coldwell Banker Commercial

    (909) 771-8779

    16 Total Sales

    Christa Vessell
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Steve Warshauer

    Warshauer, John Steven

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,235 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219115412

Greater Palm Springs Multiple Listing Service

APN: 7258-022-028

California Los Angeles County Long Beach 90804 Rose Park

720 Coronado Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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