About this property

​​The Stiegler Takahashi Group is 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.

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Features
YEAR BUILT
1923
PRICE/SQFT
$482.25
CURRENT CAP
CURRENT GRM
MARKET CAP
MARKET GRM
BEDROOMS
BATHROOMS
Lot SqFt
6,880
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