#OC25134358, Tyler Leeson, Listing office: Marcus & Millichap RE Invest

1424 Coronado Ave Long Beach, CA 90804
Property details
About 1424 Coronado Ave
We are proud to present 1424 Coronado Avenue, a charming bungalow-style investment opportunity located in the heart of Long Beach. This property features single-story living across all units, each offering a desirable 1-bedroom, 1-bath layout. All units are in very good condition, providing investors with low maintenance and strong tenant appeal. The property includes four garage spaces that were built within the last five years, adding value and functionality. With a current 5.91% CAP rate and the potential to reach a 7.69% market CAP, along with an 11.43 GRM and market potential of 9.26, this asset offers both immediate stability and future upside.
Highlights
(Active Under Contract)
Summary
- Garage Space: 5 spaces
- Private Pool: No
- List Price: $1,250,000
- HOA Amount: $0
- Annual Tax Amount: $20,162
- Tax Year: 2024
- Lot: Rectangular Lot
- Directions: Head east on Valley Dr toward Pacific Ave 105 ft Turn right at the 1st cross street onto Pacific Ave 131 ft Slight left onto Marine Ave 2.4 mi Turn right onto Inglewood Ave 0.3 mi Turn right to merge onto I-405 S toward Long Beach 0.2 mi Merge onto I
- Year Built: 1923
- Stories: 1
- Lot Size: 0.1579 Acres
- MLS Number: SB25166153
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 403-9145
- Listing Agent: Stephen Takahashi
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 1:45:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 22, 2019 | Home Sold | $1,400,000 |
Mar 13, 2018 | Home Sold | $930,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,531,101 | $20,162 |
2023 | $1,501,080 | $19,819 |
2022 | $1,471,648 | $18,605 |
2021 | $1,442,793 | $18,235 |
2020 | $1,428,000 | $12,488 |
2019 | $948,600 | $1,759 |
2018 | $74,931 | $1,739 |
2017 | $73,463 | $1,739 |
History based on county public records data.
Nearby schools
6
Nieto Herrera Elementary School
Public District KG-5
0.3 mi
•1620 Temple Ave
5
Willard Elementary School
Public District KG-5
0.4 mi
•1055 Freeman Ave
7
Bryant Elementary School
Public District KG-5
0.5 mi
•4101 E Fountain St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,939. The most common annual income of people living in Long Beach, CA is less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 1424 Coronado Ave
The listing price of 1424 Coronado Ave property is $1,250,000.
The property 1424 Coronado Ave is a condo located in Long Beach, California, 90804.
Accepting Backup Offers: 1424 Coronado Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1424 Coronado Ave are: Nieto Herrera Elementary School (GreatSchools Rating 6/10), Willard Elementary School (GreatSchools Rating 5/10), Bryant Elementary School (GreatSchools Rating 7/10), Jefferson Leadership Academies (GreatSchools Rating 7/10), Jessie E. Nelson Academy (GreatSchools Rating 4/10), Franklin Classical Middle School (GreatSchools Rating 4/10), Richard D. Browning High School (GreatSchools Rating 4/10), Wilson High School (GreatSchools Rating 6/10), Beach High-Intensive Learning Program (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $20,162 (source: MLS/based on county public records data).
The last sale was on February 22, 2019 for $1,400,000 (source: MLS/tax record).
The property at 1424 Coronado Ave has 0 bathroom.
The year of construction for 1424 Coronado Ave is 1923.
This home is located at 1424 Coronado Ave in Long Beach, CA and zip code 90804 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $1,250,000.
Long Beach, CA housing market in June 2025 saw over 73 listings sold above listed price, more than 33 sold at listed price and over 90 sold below. The number of homes for sale in Long Beach, CA increased by 4.8% between May and June 2025. The median list price of listings available in June 2025 was $836,224, while the average time on the real estate market was 34 days.