265 Corona Avenue

Long Beach, CA 90803

$2,195,000
Price
5
Beds
4
Baths
3,616 Sq. Ft.
$607 / Sq. Ft.
3,616
Sq. Ft.
$607
per Sq. Ft.

Description

Welcome to this exceptional 3-unit property in the highly desirable Belmont Shore neighborhood! Just a short distance to the canals and beaches, enjoy ocean breezes with the perfect blend of coastal living and vibrant community! The standout 3-bedroom unit offers a blank canvas, ready for your personal touch, with abundant natural light and a large backyard perfect for entertaining. Situated on a spacious 7,400+ sq ft lot, this property is close to top-rated schools, beautiful parks, and the lively...Welcome to this exceptional 3-unit property in the highly desirable Belmont Shore neighborhood! Just a short distance to the canals and beaches, enjoy ocean breezes with the perfect blend of coastal living and vibrant community! The standout 3-bedroom unit offers a blank canvas, ready for your personal touch, with abundant natural light and a large backyard perfect for entertaining. Situated on a spacious 7,400+ sq ft lot, this property is close to top-rated schools, beautiful parks, and the lively 2nd Street Shopping & Dining District. Nearby area highlights include Marine Stadium (future 2028 Olympic venue), Belmont Pier, aquatic activities, and local favorites like Rosie’s Dog Beach. Enjoy community events like Stroll & Savor, the Belmont Shore Car Show, and holiday parades on 2nd Street. Plus, two double-car garages offer secure parking, storage, or potential ADU development! Don’t miss this rare opportunity to own in one of Long Beach’s most sought-after neighborhoods! This property is back on market as the buyers were unable to obtain loan approval.
  1. Listed by Jeffrey Isenberg • DRE #02059354 • Brokerage DRE #01914434 • Buckingham Investments, Inc • 818-795-4477

Property Details for 265 Corona Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3616

Open Houses

Saturday, Nov 23rd

12:00 PM - 3:00 PM

Public

Sunday, Nov 24th

12:00 PM - 3:00 PM

Public

LISTING UPDATED: 11/19/2024 07:04 AM

Property Details for 265 Corona Avenue

StatusActive
MLS #SB24198353
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.17 AC / 7,404 SF
CountyLos Angeles County

Building Information for 265 Corona Avenue

Stories2Residences-Year Built1945Building Size-Lot Size0.17 AC / 7,404 SF

Property Information for 265 Corona Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $47,040
  • Vacancy Allowance: 1411
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $45,628
  • Net Operating Income: $13,935
Expense Details
  • Operating Expense: $31,694
  • New Taxes Expense: $27,438
  • Gardener Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,655
  • Trash Expense: $0
  • Water Sewer Expense: $1,671
  • Total Expenses: $31,964
Tax / Assessment Info
  • Tax Tract Number: 11625
  • Tax Census Tract: 5774.00
  • CFD/Mello-Roos Fee: $930
  • Tax Lot: 14
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Community Features: Biking, Dog Park, Watersports, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Refrigerator, Water Heater
  • Equipment: Community, Dishwasher, Inside, Refrigerator, Room
  • Interior Features: Ceiling Fan(s), Copper Plumbing Partial, Recessed Lighting
  • Room Type: Family Room, Laundry, Living Room, Primary Suite, Separate Family Room, Walk-In Closet
  • Bedroom Features: WalkInCloset
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Community, Individual Room, Inside
  • Fireplace Features: Den, Primary Bedroom, Gas
  • Fireplace Rooms: Den, Gas
  • Cooling: None
  • Heating Type: Forced Air
  • Heating: Forced Air
  • Heat Equipment: Forced Air Unit
  • Flooring: Carpet
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Rain Gutters
  • Entry Location: Front of Building
  • Fence: Yes
  • Fencing: Excellent Condition
  • Foundation Details: Raised
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity - On Property
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Belmont Park
  • Builders Tract Code: Belmont Park (BP)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,960
  • Unit Type Total Rent: $1,960
  • Unit Type Pro Forma: 2395
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,960
  • Unit Type Total Rent: $1,960
  • Unit Type Pro Forma: 2395
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4795
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 265 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 265 Corona Avenue

Taxable ValueLand$140,589Additions$35,300Total$175,889
Tax Record2024$3,047 ($254 / month)
Home Facts
Total Finished SqFt3,616 SqFtAbove Grade Finished SqFt3,616 SqFtLot Size7,402 SqFtStyleQuadraplexYear Built1945ZoningLBR4RCountyLOS ANGELESAPN7249-012-013

Schools near 265 Corona Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

265 Corona Avenue is a multi-family home for sale in Long Beach, CA 90803. This property was listed for sale on September 19, 2024 by Buckingham Investments, Inc, it's currently listed at $2,195,000. This listing's school district is Long Beach Unified School District. Nearby schools include Lowell Elementary School, Rogers Middle School and Wilson High School. 265 Corona Avenue is a 5-bed, 4-bath, 3,616 sqft multi-family home built in 1945.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Buckingham Investments, Inc, Jeffrey Isenberg, DRE #02059354

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.