Seller's Agent in 2024
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
2 in this area
167 Total Sales
791 Coronado Ave Long Beach, CA 90804
Rose Park Neighborhood
5
Beds
3
Baths
5,458
Sq Ft
4,792
Sq Ft Lot
Highlights
- Corner Lot
- No HOA
- 3-minute walk to Rose Park
- Woodrow Wilson High School Rated A
- Landscaped
About This Home
As of June 2024791 Coronado Avenue is a 7-unit multifamily investment property located in the Rose Park neighborhood of Long Beach, CA. This property offers an attractive mix consisting of spacious 2, one-bedroom units and 5, two-bedroom units. Three corner units feature extra large floorplans that include fireplaces. Almost all units include a breakfast bar, walk-in closets, and one unit has an expansive balcony. Ownership has strategically landscaped 791 Coronado Avenue to offer it’s residents a chic, tropical oasis like feel. All of the units feature granite or quartz countertops, and select units offer upgraded flooring and stainless steel appliances. In addition, the property offers upgraded plumbing, and features solar panels. Ownership will have upgraded all electrical panels by close of escrow. Located in close proximity to all levels of schooling including Willard Elementary, Jefferson Middle, and Woodrow Wilson High. Additionally, the property benefits from its central Long Beach location, providing residents convenient access to a plethora of retail, dining, and entertainment options.
Last Agent to Sell the Property
Marcus & Millichap RE Invest Brokerage Phone: 714-713-9086 License #01451551 Listed on: 01/10/2024
Last Buyer's Agent
Gus Sverkos
Keller Williams Coastal Prop. License #02121918
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 4,792 Sq Ft Lot
- No Common Walls
- Landscaped
- Corner Lot
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,458 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 576
- Assessor Parcel Number 7258021014
- $1,311 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,180
- Fuel Expense $1,179
- Insurance Expense $5,250
- Maintenance Expense $4,200
- Other Expense $7,811
- Professional Management Expense $9,266
- Trash Expense $1,180
- Water Sewer Expense $1,180
- New Taxes Expense $26,752
- Operating Expense $57,998
- Gross Income $190,897
- Net Operating Income $127,314
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2024
Closed on
Jun 21, 2024
Sold by
Bought by
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Gus Sverkos
Keller Williams Coastal Prop.
List Price
$2,375,000
Sold Price
$2,025,000
Premium/Discount to List
-$350,000
-14.74%
Views
22
Purchase Details
Closed on
Jul 8, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
0.0556%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,025,000 | Chicago Title Company | ||
| $1,200,000 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $787,500 | ||
| Previous Owner | $840,000 | ||
| Previous Owner | $147,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $2,025,000 | -5.8% | $371 / Sq Ft |
| 06/11/2024 06/11/24 | Pending | -- | -- | -- |
| 03/12/2024 03/12/24 | Price Changed | $2,150,000 | -5.1% | $394 / Sq Ft |
| 02/07/2024 02/07/24 | Price Changed | $2,265,000 | -4.6% | $415 / Sq Ft |
| 01/10/2024 01/10/24 | For Sale | $2,375,000 | 0.0% | $435 / Sq Ft |
| 05/18/2018 05/18/18 | Rented | $1,595 | 0.0% | -- |
| 05/11/2018 05/11/18 | Price Changed | $1,595 | -5.9% | $2 / Sq Ft |
| 05/04/2018 05/04/18 | For Rent | $1,695 | +23.3% | -- |
| 03/16/2018 03/16/18 | Rented | $1,375 | 0.0% | -- |
| 02/26/2018 02/26/18 | Price Changed | $1,375 | -3.5% | $2 / Sq Ft |
| 02/16/2018 02/16/18 | Price Changed | $1,425 | -3.4% | $2 / Sq Ft |
| 02/08/2018 02/08/18 | Price Changed | $1,475 | -7.5% | $2 / Sq Ft |
| 02/05/2018 02/05/18 | For Rent | $1,595 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,716 | $2,065,500 | $790,500 | $1,275,000 |
| 2024 | $21,335 | $1,607,733 | $937,845 | $669,888 |
| 2023 | $20,971 | $1,576,209 | $919,456 | $656,753 |
| 2022 | $19,690 | $1,545,304 | $901,428 | $643,876 |
| 2021 | $19,280 | $1,515,004 | $883,753 | $631,251 |
| 2019 | $19,004 | $1,470,351 | $857,542 | $612,809 |
| 2018 | $18,314 | $1,425,280 | $950,000 | $475,280 |
| 2016 | $14,879 | $1,200,000 | $800,000 | $400,000 |
| 2015 | $12,804 | $1,050,000 | $700,000 | $350,000 |
| 2014 | $12,174 | $980,000 | $653,300 | $326,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Leeson
-
G
Buyer's Agent in 2024
Gus Sverkos
Keller Williams Coastal Prop.
-
Justin Reese
J
Seller's Agent in 2018
Justin Reese
JRealty
(310) 980-1660
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24005954
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.
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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