813 Coronado Ave

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813 Coronado Ave

Long Beach, CA 90804
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Four-unit residential apartment building available for immediate acquisition.
  • Property is situated within the Long Beach rental submarket.
  • Asset provides an established residential investment opportunity.
  • Located in a high-demand coastal Southern California region.
  • Structure serves as a functional multi-family income asset.

What's Special

Multi-family investors looking to capitalize on the coastal Southern California rental market will find this four-unit apartment building at 813 Coronado Ave a practical addition to any portfolio. Situated in the established residential landscape of Long Beach, this asset provides an opportunity to secure income-producing residential housing in a high-demand submarket. The property occupies a functional footprint within a neighborhood characterized by consistent demand for rental housing near regional employment hubs and transit corridors. Proximity to major local thoroughfares and the wider Los Angeles metropolitan area provides residents with access to coastal lifestyle amenities and urban services. Given the structure of the units, the building is well-positioned for long-term hold strategies or active management programs aimed at stabilizing multi-family residential assets in this density-conscious region. The property serves as a stable entry point for those seeking residential income streams within a mature urban environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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