1825 Chestnut Ave, Long Beach, CA 90806 | For Sale

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For Sale $3,200,000

$3,200,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 7,500 Sq Ft

Description

We are pleased to present 1825 Chestnut Ave, a 12-unit multifamily in Long Beach, CA. The property is located just off the corner of Chestnut Ave and Pacific Coast Hwy, just 2-miles away from the Port of Long Beach and Long Beach’s Shoreline Village.

The property consists of eight, 1-Bedroom/1-Bathroom and four, 2-Bedroom/1-Bathroom units. The building offers over 8,500 SF of rentable living space with on-site parking via uncovered spaces and several garages.

The property benefits from it’s location by being within close proximity to several frequently travelled destinations like the Port of Long Beach, Shoreline Village, Long Beach Poly High School, Long Beach Medical Center, Costco, Home Depot, Northgate Market, and more.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $3,200,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 8 spots
Year Built 1959
Last Sold Unknown
Sold Price Unknown
APN # 7209028020
MLS # CV24203235
Property ID 294698706
Lot Sqft 7,500
Zoning LBR2N
Total Units 12
Days on Market 17
Original List Price $3,300,000
Date Updated October 14, 2024
Date Created October 01, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $264,888 $0
Net Income (Yr) $ 175,675
Cap Rate 5.49%
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Listing Provided By

ERIC CHEN an agent of CB Richard Ellis, Inc.. Lic #01489184


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of October 14, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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