Property
Listing Agent: Stephen Takahashi (DRE #01944770) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-403-9145 · Bought with: Stephen Takahashi · Lyon Stahl Investment Real Estate, Inc. · MLS #SB25166153 · Source: CRMLS
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.
Listing description from the September 2025 sale, as reported to CRMLS.