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$1,350,000
New Listing

1620 Chestnut
Long Beach, CA 90813

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
4,028
SqFt
$335
/SqFt
1917
Built
Subdivision:
Wrigley Area (WR)
County:
Los Angeles
Listed by Kristen Mussenden of Buckingham Investments, Inc [email protected]
1620 Chestnut1620 Chestnut1620 Chestnut1620 Chestnut
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Simple, easy-to-own investment property with a great unit mix of (3) 2 bed/1 bath and (1) 3 bed/1 bath. Each unit nicely sized with the building totaling 4,028 sqft overall. Offered at a 12.68 GRM and 4.7% cap rate on current rents, which are at or near market. Updated electrical, most windows replaced, and all units separately metered. Large 7,500 sqft lot with a central courtyard and 4 single-car garages with ADU potential. Just 8 blocks north of Downtown Long Beach and its $8B+ in new development, with the Metro A Line (Blue Line), PCH and the 710 Fwy a few blocks away for easy access to the waterfront, Port and LA.

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Listing Snapshot
Price 
$1,350,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,028 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1723 Acres
Year Built 
1917
MLS Number 
SB26242198
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
20 hours agoListing first seen on site
20 hours agoListing updated with changes from the MLS
General Features
Acres 
0.1723
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4028
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Community Features 
Street Lights
MLS Area 
5 - Wrigley Area
Financing Terms Available 
CashConventionalFHAVA Loan1031 Exchange
Building Access 
1


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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