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.
The income description goes here to explain
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% |
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.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT