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$1,725,000
2 Days On Site
1885 Chestnut AvenueLong Beach, CA 90806
For Sale|Apartment|Active
0
Beds
0
Total Baths
6,523
SqFt
$264
/SqFt
1944
Built
Subdivision:
Wrigley Area (WR)
County:
Los Angeles
Listed by Branden Chhuor of Compass [email protected]
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Monthly Payment (Est.)
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Amazing prime investment opportunity at 1885 Chestnut Ave, located in an OPPORTUNITY ZONE. Well-maintained in a high demand rental area. This 8-unit updated complex has excellent unit mixes of (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom. Five (5) units have been tastefully remodeled in past 2 years with a NEWER roof and newer water heater. Newer sewer line under the structure and currently getting new electrical work done. Has great potential rental upside, Gross annualize rent is $198,000 per year. There’s 4 individual garages, laundry room, & spacious courtyard.
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Listing Snapshot
Price
$1,725,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
6,523 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1719 Acres
Year Built
1944
MLS® Number
PW26088839
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 days ago | Listing first seen on site | |
| 3 days ago | Listing updated with changes from the MLS® |
General Features
Acres
0.1719
Direction Faces
East
Foundation
Slab
Garage
Yes
Garage Spaces
4
Land Lease
No
Levels
Two
Number Of Stories
2
Parking
Garage
Parking Spaces
4
Property Condition
Updated/Remodeled
Property Sub Type
Apartment
Security
Window Bars
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
6523
Style
Traditional
Utilities
Electricity ConnectedNatural Gas ConnectedSewer Connected
Water Source
Public
Zoning
LBR2N
Interior Features
Appliances
Gas Oven
Fireplace Features
None
Flooring
LaminateVinyl
Heating
Central
Interior
Ceiling Fan(s)
Laundry Features
Common Area
Window Features
Double Pane Windows
Bedroom
Kitchen
Living Room
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Exterior Features
Fencing
Block
Pool Features
None
Road Frontage
City Street
Roof
Shingle
Spa Features
None
View
None
Waterview
None
Windows/Doors
Double Pane Windows
Community Features
Building Access
Street
Community Features
Sidewalks
Financing Terms Available
Conventional
MLS Area
5 - Wrigley Area
Roads
Paved
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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
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