263 Corona Avenue

263 Corona Avenue

Long Beach, CA 90803

$2,499,000
Price
5
Beds
5
Baths
4,312 Sq. Ft.
$580 / Sq. Ft.
4,312
Sq. Ft.
$580
per Sq. Ft.
a front view of a house with garden
a view of a city with sitting area
an aerial view of a city
an aerial view of a city with lots of residential buildings
an aerial view of a city
an aerial view of a city
an aerial view of a city
an aerial view of a city with lots of residential buildings
a living room with furniture and a wooden floor
a view of a dining room with furniture
a kitchen with stainless steel appliances wooden floor sink and cabinets
an empty room with wooden floor and a window
a kitchen with a stove and a sink
a kitchen with a refrigerator stove and microwave
a bathroom with a granite countertop sink mirror and shower
an empty room with windows and fan
a view of a big room with windows and chandelier fan
an empty room with wooden floor and windows
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a view of an empty room with a window
a kitchen with stainless steel appliances a stove a refrigerator and a sink
a view of an empty room and window
a kitchen with granite countertop a stove and a refrigerator
a view of hallway with window
a bathroom with a sink a toilet a mirror and a tub
a bathroom with a tub sink vanity granite and shower
an empty room with windows and chandelier fan
an empty room with a window and a fan

Description

Welcome to 263 Corona, a unique and well appointed multi-unit property laid out perfectly on its 8,100+ square foot lot in the highly desirable Belmont Park. From the incredibly clean curb appeal with recently renovated exterior and hardscape, you're greeted by the main entrance to the 3 front units just inside a main front door right beyond the recently renovated downstairs unit's patio. The first floor entry to the 2 bedroom 1 bathroom + den gives way to an impressively sized first floor unit which...Welcome to 263 Corona, a unique and well appointed multi-unit property laid out perfectly on its 8,100+ square foot lot in the highly desirable Belmont Park. From the incredibly clean curb appeal with recently renovated exterior and hardscape, you're greeted by the main entrance to the 3 front units just inside a main front door right beyond the recently renovated downstairs unit's patio. The first floor entry to the 2 bedroom 1 bathroom + den gives way to an impressively sized first floor unit which wraps the majority of the footprint of the front 3 units. Upstairs, either side of the hall is each upstairs 1 bedroom 1 bathroom's entry which is split amongst the second floor in its entirety. Behind the 3 front units, lies one of the most impressive 1 bedroom 1.5 bathroom rentals you may ever find in Belmont Park. With it's expensive vaulted ceilings, recently renovated kitchen, bar for entertaining and private backyard, hardscaped patio deck, and private two car garage, this living space can double as an owner looking for passive income or an incredibly impressive rental. All units aside from the front downstairs 2 bedroom share the laundry room attached to the 4 car garage with its own private laundry room entry and all enjoy upgraded copper plumbing throughout. This is quite possibly one of the most unique and impressive multi units you may ever find in Belmont Park whether you're looking for an investment or a place to land just steps from anything you could ever want coupled with offset passive income.

Property Details for 263 Corona Avenue

View
Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4312

Location

Listing Courtesy of California Real Estate Company, Ben Fisher, DRE #01938483; California Real Estate Company, Rose Butler, DRE #02115551
Add your commute
LISTING UPDATED: 05/07/2024 11:06 PM

Property Details for 263 Corona Avenue

StatusActive
MLS #PW24071664
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
CountyLos Angeles County

Location

Listing Courtesy of California Real Estate Company, Ben Fisher, DRE #01938483; California Real Estate Company, Rose Butler, DRE #02115551
Add your commute

Building Information for 263 Corona Avenue

Building/Complex263 Corona AveFloor-Stories2Residences-Pet Policy-Year Built1943Building Size-

Payment Calculator

$14,428 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,638

Property Taxes

$790

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 263 Corona Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $104,160
  • Gross Scheduled Income: $104,160
  • Net Operating Income: $92,619
Expense Details
  • Operating Expense: $11,541
  • Gardener Expense: $1,660
  • Fuel Expense: $0
  • Licenses Expense: $883
  • Electric Expense: $3,519
  • Insurance Expense: $2,593
  • Trash Expense: $0
  • Water Sewer Expense: $2,886
  • Total Expenses: $11,541
Tax / Assessment Info
  • Tax Tract Number: 11625
  • Tax Census Tract: 5774.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 15
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Room Type: Kitchen
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Laundry Location: Community
  • Fireplace Features: Gas
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Wall
  • Heating: Central, Wall Furnace
Exterior Features
  • Entry Location: 1
  • Structure Type: Quadruplex
  • Miscellaneous: Suburban
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Garage Faces Rear
Property / Structure Info
  • Builders Tract Name: Belmont Park
  • Builders Tract Code: Belmont Park (BP)
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,530
  • Unit Type Total Rent: $2,530
  • Unit Type Pro Forma: 2750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,200
  • Unit Type Total Rent: $2,200
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,925
  • Unit Type Total Rent: $1,925
  • Unit Type Pro Forma: 2125
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,025
  • Unit Type Total Rent: $2,025
  • Unit Type Pro Forma: 2025
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 263 Corona Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 263 Corona Avenue

Taxable ValueLand$348,491Additions$335,832Total$684,323
Tax Record2023$9,485 ($790 / month)
Home Facts
Total Finished SqFt4,312 SqFtAbove Grade Finished SqFt4,312 SqFtLot Size8,102 SqFtStyleQuadraplexYear Built1943ZoningLBR4RCountyLOS ANGELESAPN7249-012-014

Schools near 263 Corona Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Lowell Elementary School
Public - K to 5
Rogers Middle School
Public - 6 to 8
Wilson High School
Public - 9 to 12
Eunice Sato Academy Of Math & Science
Public - 9 to 12
Rating
School
Distance
Lowell Elementary School
PublicK to 5

Rogers Middle School
Public6 to 8

Wilson High School
Public9 to 12

Eunice Sato Academy Of Math & Science
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 263 Corona Avenue, Long Beach, CA 90803

263 Corona Avenue is a multi-family home for sale in Long Beach, CA 90803. This property was listed for sale on April 10, 2024 by California Real Estate Company, it's currently listed at $2,499,000. This listing's school district is Long Beach Unified School District. Nearby schools include Lowell Elementary School, Rogers Middle School and Wilson High School. 263 Corona Avenue is a 5-bed, 5-bath, 4,312 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of California Real Estate Company, Ben Fisher, DRE #01938483; California Real Estate Company, Rose Butler, DRE #02115551

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.