Have a Question or Want a Free Market Report?

Contact Me

2829 E Coolidge St

Long Beach, CA 90805 View Map $4,600,000 Schedule a Tour
Sq.Ft. Lot16,988
Year1964
Nancy Barfield

Nancy Barfield

(714) 271-0789
DRE No.: 01085438

Schedule a Tour
Ask a Question
Status: Pending
Property Type:Apartment
MLS #:OC23052526
On Site:171 Days
Lot Size:16,988 Sq. Ft.
County:Los Angeles

Listing Agent/Office

Agent:Tyler Leeson
Office:Marcus & Millichap Re Invest
Broker Phone:714-713-9086
Coolidge Apartments is an 18-unit multifamily investment property located in Long Beach, CA. Coolidge Apartments offers a desirable mix of spacious one and two-bedroom floor plans and amenities including garage parking, gated access, an on-site laundry facility, and a central courtyard with a swimming pool. Unit interiors feature hardwood and carpet flooring, granite countertops, and ceiling fans. Coolidge Apartments has an excellent Long Beach location within 2 miles of the Lakewood Center, providing tenants with convenient access to everyday needs. The property is also located just over 3 miles from the plethora of retail, dining, and entertainment options at the Long Beach Exchange. Additionally, Coolidge Apartments is within blocks of all three levels of schooling. The property is within walking distance of the recently completed Bridge Point Long Beach industrial facility, a state-of-the-art distribution center with additional office space that is currently being leased by a major transportation and logistics provider that supplies operations for the United States Postal Service. According to the developer, Bridge Industrial, the facility is expected to bring more than 500 new jobs to the area. Furthermore, Coolidge Apartments benefits from its close proximity to State Route 91 and Interstate 710, connecting residents to employment hubs throughout Orange, Los Angeles, and Riverside Counties.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:2829 E Coolidge St, Long Beach, CA 90805
Area:699 - Not Defined
County:Los Angeles
City:Long Beach
Zip Code:90805

Architecture

Year Built:1964
Stories:2
Building Area: 15737.0
Number of Buildings: 1
Total Units: 18
Stories Total: 2
Unit 1: 6 Units • 1 Bed • 1 Bath • Unfurnished • $9,175 actual rent • $9,175 total rent • $10,170 pro forma
Unit 2: 12 Units • 2 Beds • 1 Bath • Unfurnished • $22,035 actual rent • $22,035 total rent • $26,340 pro forma
Garage Spaces: 14.0

Features / Amenities

Laundry: Common Area
Pool: Community
Common Walls: No Common Walls
Parking Total: 14.0

Property Features

Lot Size: 0.39 Acres / 16,988 Sq. Ft.
Lot Features: Street Level
Sewer: Public Sewer
Water: Public
Zoning:LBR2N
Directions:Nearby Cross Streets: East Coolidge Street & Paramount Boulevard

Tax and Financial Info

Gross Income: $400,575
Gross Scheduled Income: $374,520
Net Operating Income: $238,913
Electric Expense: $6,161
Fuel Expense: $6,161
Insurance Expense: $10,800
Maintenance Expense: $13,500
New Taxes Expense: $54,699
Trash Expense: $6,161
Water/Sewer Expense: $6,164
Land Lease: No

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

2829 E Coolidge St Long Beach,  CA 90805
GO SEE THIS LISTING
2829 E Coolidge St Long Beach, CA 90805
 
ASAP
Sat
23
Sep
Sun
24
Sep
Mon
25
Sep
Tue
26
Sep
Wed
27
Sep
Thu
28
Sep
Fri
29
Sep
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions
Based on information from California Regional Multiple Listing Service, Inc. as of September 22, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.