Five-Unit Bungalow Apartment
For Sale
Contact for pricing
Pending
1440 Coronado Ave, Long Beach, CA 90804
Long Beach asset includes varied unit layouts and a landscaped outdoor area with grass and mature trees.
Property SizeContact for details
Days on Market146
Property Features for 1440 Coronado Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Stepp Commercial
Listed By:
Robert Stepp · License #CA 01456379
(310) 463-2916
Source:
Crexi
Added: Apr 12
Changed: Sep 1
Last Checked: Sep 1 at 8:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stepp Commercial
Investment Insights
Based on property information with market context.
This five-unit apartment property in Long Beach, California, features bungalow-style residences with a mix of one-bedroom, two-bedroom, and studio layouts. The configuration includes one two-bedroom, 1.5-bath unit; two two-bedroom, one-bath units; one one-bedroom, one-bath unit; and one studio. The property occupies a 6,863-square-foot lot with outdoor space, green lawn areas, and mature trees.
At current rents, the asset reflects an 11.98 GRM and a 5.23% cap rate. Based on market rents, the figures are 10.31 GRM and a 6.47% cap rate. The property is located at 1440 Coronado Avenue in Long Beach, California 90804.
At current rents, the asset reflects an 11.98 GRM and a 5.23% cap rate. Based on market rents, the figures are 10.31 GRM and a 6.47% cap rate. The property is located at 1440 Coronado Avenue in Long Beach, California 90804.
Key Highlights
- Five bungalow‑style apartment units
- Unit mix includes one 2BD/1.5BA, two 2BD/1BA, one 1BD/1BA, and one studio
- 6,863‑square‑foot lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,030
Businesses Nearby
Explore this area
Business Placement
Demographics for 90804, CA
39,370
Population
15,998
Households
2.5
Avg Household Size
33
Median Age
30%
College-Educated
75%
High-School Grad
2.2 sq mi
ZIP Area
17,895
Density / Sq Mi
$68,940
Median Household Income
$38,914
Median Earnings
$1,801
Median Rent
$673,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Long Beach asset includes varied unit layouts and a landscaped outdoor area with grass and mature trees.
Where is this apartment building located?
The property is located at 1440 Coronado Ave Long Beach, CA.
What are key features of this property?
This property features: Five bungalow‑style apartment units; Unit mix includes one 2BD/1.5BA, two 2BD/1BA, one 1BD/1BA, and one studio; 6,863‑square‑foot lot
