$1,415,000
-$10,000308 Coronado Avenue, Long Beach CA 90814
Multi-Family (Duplex)
Property type
216 days
On market
$391
Price per sqft
4 cars
Garage
1981
Year built
6,752 sqft
Lot size
Open Houses
Overview
This craftsman "2 on 1" duplex is located at 308-310 Coronado Ave. in the highly desirable Belmont Heights section of Long Beach. This pride of ownership building was first developed in 1912 and features original craftsmanship work and character. Although original charm has been maintained, all systems have been upgraded and the building features copper plumbing and a new...
Listing provided by: Matthew Hoyt DRE #01426139 949-619-6159, Hoyt Real Estate, Inc.
Listing updated: May 4, 2026 at 03:08am.
Last checked: Jun 14, 2026 at 01:30am
Source: CRMLS #PW25257305
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 0 | — | $4,730 | $4,480 | $5,000 | Unfurnished |
| 1 | 2 | 0 | — | $3,375 | $3,375 | $3,500 | Unfurnished |
| 1 | — | 0 | — | $150 | — | — | — |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: No
Units Leased: 2
Total Actual Rent: $7,855
Financial Snapshot
Gross Rent Multiplier
14.3x
List Price / Annual Gross Rent
Cap Rate
5.32%
NOI / List Price
Gross Scheduled Income: $99,060
Operating Expense: $23,970
Net Operating Income: $75,270
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $2,500
New Taxes: $19,470
Trash: $0
Water / Sewer: $1,000
Interior
Laundry: Inside
Entry Location: Front
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Uncovered Spaces: 4
Parking Total: 8
Lot Information
Land Lease: Yes
Land Lease Amount: $0
Common Interest: None
Parcel #: 7257019022
Additional Parcels: No
Tax Lot: 1
Zoning: LBR2A
Subdivision: Belmont Heights (BH)
Community
Senior Community: No
Community Features: Urban