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Sold on 05/16/2018
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620 Coronado Ave, Long Beach, CA 90814

  • $4,850,000

    Last sold 05/16/2018 after 49 Days

  • 3

    bed

  • 2

    bath

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About 620 Coronado Ave

Property type House
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 0.31 Acre
Rental estimate
Property description
VALUE-ADD INVESTMENT - OVER 55% UPSIDE POTENTIAL. 620 Coronado Avenue is an 18-unit multifamily investment property located in the Belmont Heights neighborhood of Long Beach. This is the first time the building has been on the market in decades and presents investors with a rare opportunity to acquire a true value-add apartment asset with over 55% rental upside potential. Situated on a 0.31-acre lot, the 15,364 square foot property consists of one-bedroom and two-bedroom floor plans averaging over 850 squ
Listed by
Listing Agent - Tyler
Listing Office - Marcus & Millichap RE Invest
Source: San Diego MLS mls logo
MLS#OC18070906 • last updated 6 years ago
Movoto checked San Diego MLS for data 6 minutes ago
Overview
Levels/Style 2 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # OC18070906
Lot Size (SqFt) 13503
Exterior
# Garage Spaces 122542
Lot Desc Sidewalks
Amenities / Utilities
Pool Desc N/K
Location
County Los Angeles
APN 7258027030
Zoning Assessor
Directions Cross Streets: E 7th Street / Redondo Avenue
Multifamily Details
Total # of Units 18
Gross Scheduled Income 253080
Rental est.: $2,274/month
Gross rent multiplier: 177.7
  • May 2018
    Public Records
  • May 16, 2018 Sold
    $4,850,000
  • May 2018
    mls logo MLS # OC18070906
  • May 16, 2018 Sold
    $4,850,000
  • May 16, 2018 Sold
    $4,850,000 (-0.9%)
  • Apr 13, 2018 Pending
    —
  • Apr 6, 2018 Active
    —
  • Mar 28, 2018 Listed
    $4,895,000
  • Mar 28, 2018 Listed
    $4,895,000
  • 620 Coronado Ave
    $4.85M
  • Rose Park
    $469K -21% y/y
  • 90814
    $572K -3% y/y
  • Long Beach
    $699K -3% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
602 Coronado Ave, Long Beach, CA 90814 $1,105,000 2/1 1,134 0.02
3317 E 6th St, Long Beach, CA 90814 $836,000 2/1 850 0.02
621 Coronado Ave, Long Beach, CA 90814 $1,291,000 3/2 1,476 0.03
605 Redondo Ave, Long Beach, CA 90814 — —/— 171 0.03
605 Redondo Ave #305, Long Beach, CA 90814 — 2/— 171 0.03
646 Coronado Ave #a, Long Beach, CA 90814 $633,000 3/2 1,200 0.03
646 Coronado Ave #c, Long Beach, CA 90814 $633,000 3/2 1,200 0.03
648 Coronado Ave #b, Long Beach, CA 90814 $644,000 3/2 1,200 0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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6/10
Mann Elementary School
public Grades K-5
Long Beach Unified School District
7/10
Jefferson Leadership Academies School
public Grades 6-8
Long Beach Unified School District
6/10
Wilson High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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