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1036 Chestnut Ave

Long Beach, CA, 90813

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☆☆☆☆☆★★★★★
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Unknown Bedrooms
Unknown Bathrooms
Unknown Sq Ft
7,478 Sq Ft

Description

We are pleased to present a 7 unit apartment building located at 1036 Chestnut Avenue in Long Beach, California. This is a value-add opportunity in a

great location of Willmore in Long Beach. The subject property is close to St Mary Medical Center, 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 3,770 rentable square feet spread throughout a 7,478 square foot lot. Units 1-6 was built in 1960 and unit A was built in 1949. All units are one bedroom / one bathroom units. The subject property has new electrical subpanels and is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 4 parking spaces in the rear which are able to generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.

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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

Property Details

List Price	$1,300,000
Property Type	Condo/Co-Op
Usable Sqft	Unknown
Number of Stories	2 stories
Parking Spots	0 spots
Year Built	1949
Last Sold	Unknown
Sold Price	Unknown

APN #	7272006030
MLS #	PW24201199
Property ID	320891210
Lot Sqft	7,478
Zoning	LBPD10
Total Units	7
Days on Market	206
Original List Price	$1,500,000
Date Updated	March 27, 2025
Date Created	September 27, 2024

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Your payment
$9,257
per month

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Principle & Interest

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HOA Dues

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Estimated payment	$9,257 /mo
Loan amount	$1,300,000
Down payment	$0
Interest rate	7.5%
Loan term	30 years
Taxes & insurance included?	YES
Property tax	1.2%/YR
Homeowner's insurance	$67/mo
HOA dues	$0/mo

Payment Breakdown

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Your payment
$9,257
per month

Amortization

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Principal vs. interest

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Amortization Schedule

Over 360 months you will spend $1,972,115 in interest.

MONTH	PRINCIPAL & INTEREST	PRINCIPAL	INTEREST	PRINCIPAL REMAINING
1	$9,090	$965	$8,125	$1,299,035
2	$9,090	$971	$8,119	$1,298,064
3	$9,090	$977	$8,113	$1,297,087
4	$9,090	$983	$8,107	$1,296,104
5	$9,090	$989	$8,101	$1,295,114
6	$9,090	$996	$8,094	$1,294,119
7	$9,090	$1,002	$8,088	$1,293,117
8	$9,090	$1,008	$8,082	$1,292,109
9	$9,090	$1,014	$8,076	$1,291,095
10	$9,090	$1,021	$8,069	$1,290,074
11	$9,090	$1,027	$8,063	$1,289,047
12	$9,090	$1,033	$8,057	$1,288,014
13	$9,090	$1,040	$8,050	$1,286,974
14	$9,090	$1,046	$8,044	$1,285,927
15	$9,090	$1,053	$8,037	$1,284,874
16	$9,090	$1,060	$8,030	$1,283,815
17	$9,090	$1,066	$8,024	$1,282,749
18	$9,090	$1,073	$8,017	$1,281,676
19	$9,090	$1,080	$8,010	$1,280,596
20	$9,090	$1,086	$8,004	$1,279,510
21	$9,090	$1,093	$7,997	$1,278,417
22	$9,090	$1,100	$7,990	$1,277,317
23	$9,090	$1,107	$7,983	$1,276,210
24	$9,090	$1,114	$7,976	$1,275,096
25	$9,090	$1,121	$7,969	$1,273,976
26	$9,090	$1,128	$7,962	$1,272,848
27	$9,090	$1,135	$7,955	$1,271,713
28	$9,090	$1,142	$7,948	$1,270,572
29	$9,090	$1,149	$7,941	$1,269,423
30	$9,090	$1,156	$7,934	$1,268,267
31	$9,090	$1,163	$7,927	$1,267,103
32	$9,090	$1,171	$7,919	$1,265,933
33	$9,090	$1,178	$7,912	$1,264,755
34	$9,090	$1,185	$7,905	$1,263,570
35	$9,090	$1,193	$7,897	$1,262,377
36	$9,090	$1,200	$7,890	$1,261,177
37	$9,090	$1,208	$7,882	$1,259,969
38	$9,090	$1,215	$7,875	$1,258,754
39	$9,090	$1,223	$7,867	$1,257,531
40	$9,090	$1,230	$7,860	$1,256,301
41	$9,090	$1,238	$7,852	$1,255,063
42	$9,090	$1,246	$7,844	$1,253,817
43	$9,090	$1,254	$7,836	$1,252,563
44	$9,090	$1,261	$7,829	$1,251,302
45	$9,090	$1,269	$7,821	$1,250,032
46	$9,090	$1,277	$7,813	$1,248,755
47	$9,090	$1,285	$7,805	$1,247,470
48	$9,090	$1,293	$7,797	$1,246,176
49	$9,090	$1,301	$7,789	$1,244,875
50	$9,090	$1,310	$7,780	$1,243,565
51	$9,090	$1,318	$7,772	$1,242,248
52	$9,090	$1,326	$7,764	$1,240,922
53	$9,090	$1,334	$7,756	$1,239,587
54	$9,090	$1,343	$7,747	$1,238,245
55	$9,090	$1,351	$7,739	$1,236,894
56	$9,090	$1,359	$7,731	$1,235,534
57	$9,090	$1,368	$7,722	$1,234,167
58	$9,090	$1,376	$7,714	$1,232,790
59	$9,090	$1,385	$7,705	$1,231,405
60	$9,090	$1,394	$7,696	$1,230,011
61	$9,090	$1,402	$7,688	$1,228,609
62	$9,090	$1,411	$7,679	$1,227,198
63	$9,090	$1,420	$7,670	$1,225,778
64	$9,090	$1,429	$7,661	$1,224,349
65	$9,090	$1,438	$7,652	$1,222,911
66	$9,090	$1,447	$7,643	$1,221,464
67	$9,090	$1,456	$7,634	$1,220,008
68	$9,090	$1,465	$7,625	$1,218,543
69	$9,090	$1,474	$7,616	$1,217,069
70	$9,090	$1,483	$7,607	$1,215,586
71	$9,090	$1,493	$7,597	$1,214,093
72	$9,090	$1,502	$7,588	$1,212,591
73	$9,090	$1,511	$7,579	$1,211,080
74	$9,090	$1,521	$7,569	$1,209,559
75	$9,090	$1,530	$7,560	$1,208,029
76	$9,090	$1,540	$7,550	$1,206,489
77	$9,090	$1,549	$7,541	$1,204,940
78	$9,090	$1,559	$7,531	$1,203,381
79	$9,090	$1,569	$7,521	$1,201,812
80	$9,090	$1,579	$7,511	$1,200,233
81	$9,090	$1,589	$7,501	$1,198,645
82	$9,090	$1,598	$7,492	$1,197,046
83	$9,090	$1,608	$7,482	$1,195,438
84	$9,090	$1,619	$7,471	$1,193,819
85	$9,090	$1,629	$7,461	$1,192,191
86	$9,090	$1,639	$7,451	$1,190,552
87	$9,090	$1,649	$7,441	$1,188,903
88	$9,090	$1,659	$7,431	$1,187,243
89	$9,090	$1,670	$7,420	$1,185,574
90	$9,090	$1,680	$7,410	$1,183,893
91	$9,090	$1,691	$7,399	$1,182,203
92	$9,090	$1,701	$7,389	$1,180,502
93	$9,090	$1,712	$7,378	$1,178,790
94	$9,090	$1,723	$7,367	$1,177,067
95	$9,090	$1,733	$7,357	$1,175,334
96	$9,090	$1,744	$7,346	$1,173,590
97	$9,090	$1,755	$7,335	$1,171,835
98	$9,090	$1,766	$7,324	$1,170,069
99	$9,090	$1,777	$7,313	$1,168,291
100	$9,090	$1,788	$7,302	$1,166,503
101	$9,090	$1,799	$7,291	$1,164,704
102	$9,090	$1,811	$7,279	$1,162,893
103	$9,090	$1,822	$7,268	$1,161,071
104	$9,090	$1,833	$7,257	$1,159,238
105	$9,090	$1,845	$7,245	$1,157,393
106	$9,090	$1,856	$7,234	$1,155,537
107	$9,090	$1,868	$7,222	$1,153,669
108	$9,090	$1,880	$7,210	$1,151,790
109	$9,090	$1,891	$7,199	$1,149,898
110	$9,090	$1,903	$7,187	$1,147,995
111	$9,090	$1,915	$7,175	$1,146,080
112	$9,090	$1,927	$7,163	$1,144,153
113	$9,090	$1,939	$7,151	$1,142,214
114	$9,090	$1,951	$7,139	$1,140,263
115	$9,090	$1,963	$7,127	$1,138,300
116	$9,090	$1,976	$7,114	$1,136,324
117	$9,090	$1,988	$7,102	$1,134,336
118	$9,090	$2,000	$7,090	$1,132,336
119	$9,090	$2,013	$7,077	$1,130,323
120	$9,090	$2,025	$7,065	$1,128,297
121	$9,090	$2,038	$7,052	$1,126,259
122	$9,090	$2,051	$7,039	$1,124,208
123	$9,090	$2,064	$7,026	$1,122,144
124	$9,090	$2,077	$7,013	$1,120,068
125	$9,090	$2,090	$7,000	$1,117,978
126	$9,090	$2,103	$6,987	$1,115,876
127	$9,090	$2,116	$6,974	$1,113,760
128	$9,090	$2,129	$6,961	$1,111,631
129	$9,090	$2,142	$6,948	$1,109,489
130	$9,090	$2,156	$6,934	$1,107,333
131	$9,090	$2,169	$6,921	$1,105,164
132	$9,090	$2,183	$6,907	$1,102,981
133	$9,090	$2,196	$6,894	$1,100,785
134	$9,090	$2,210	$6,880	$1,098,574
135	$9,090	$2,224	$6,866	$1,096,351
136	$9,090	$2,238	$6,852	$1,094,113
137	$9,090	$2,252	$6,838	$1,091,861
138	$9,090	$2,266	$6,824	$1,089,595
139	$9,090	$2,280	$6,810	$1,087,315
140	$9,090	$2,294	$6,796	$1,085,021
141	$9,090	$2,309	$6,781	$1,082,712
142	$9,090	$2,323	$6,767	$1,080,389
143	$9,090	$2,338	$6,752	$1,078,052
144	$9,090	$2,352	$6,738	$1,075,699
145	$9,090	$2,367	$6,723	$1,073,332
146	$9,090	$2,382	$6,708	$1,070,951
147	$9,090	$2,397	$6,693	$1,068,554
148	$9,090	$2,412	$6,678	$1,066,143
149	$9,090	$2,427	$6,663	$1,063,716
150	$9,090	$2,442	$6,648	$1,061,274
151	$9,090	$2,457	$6,633	$1,058,817
152	$9,090	$2,472	$6,618	$1,056,345
153	$9,090	$2,488	$6,602	$1,053,857
154	$9,090	$2,503	$6,587	$1,051,354
155	$9,090	$2,519	$6,571	$1,048,835
156	$9,090	$2,535	$6,555	$1,046,300
157	$9,090	$2,551	$6,539	$1,043,749
158	$9,090	$2,567	$6,523	$1,041,183
159	$9,090	$2,583	$6,507	$1,038,600
160	$9,090	$2,599	$6,491	$1,036,001
161	$9,090	$2,615	$6,475	$1,033,386
162	$9,090	$2,631	$6,459	$1,030,755
163	$9,090	$2,648	$6,442	$1,028,107
164	$9,090	$2,664	$6,426	$1,025,443
165	$9,090	$2,681	$6,409	$1,022,762
166	$9,090	$2,698	$6,392	$1,020,064
167	$9,090	$2,715	$6,375	$1,017,350
168	$9,090	$2,732	$6,358	$1,014,618
169	$9,090	$2,749	$6,341	$1,011,869
170	$9,090	$2,766	$6,324	$1,009,104
171	$9,090	$2,783	$6,307	$1,006,320
172	$9,090	$2,801	$6,290	$1,003,520
173	$9,090	$2,818	$6,272	$1,000,702
174	$9,090	$2,836	$6,254	$997,866
175	$9,090	$2,853	$6,237	$995,013
176	$9,090	$2,871	$6,219	$992,142
177	$9,090	$2,889	$6,201	$989,253
178	$9,090	$2,907	$6,183	$986,346
179	$9,090	$2,925	$6,165	$983,420
180	$9,090	$2,944	$6,146	$980,477
181	$9,090	$2,962	$6,128	$977,515
182	$9,090	$2,981	$6,109	$974,534
183	$9,090	$2,999	$6,091	$971,535
184	$9,090	$3,018	$6,072	$968,517
185	$9,090	$3,037	$6,053	$965,480
186	$9,090	$3,056	$6,034	$962,424
187	$9,090	$3,075	$6,015	$959,350
188	$9,090	$3,094	$5,996	$956,255
189	$9,090	$3,113	$5,977	$953,142
190	$9,090	$3,133	$5,957	$950,009
191	$9,090	$3,152	$5,938	$946,857
192	$9,090	$3,172	$5,918	$943,685
193	$9,090	$3,192	$5,898	$940,493
194	$9,090	$3,212	$5,878	$937,281
195	$9,090	$3,232	$5,858	$934,049
196	$9,090	$3,252	$5,838	$930,797
197	$9,090	$3,273	$5,817	$927,524
198	$9,090	$3,293	$5,797	$924,231
199	$9,090	$3,314	$5,776	$920,918
200	$9,090	$3,334	$5,756	$917,583
201	$9,090	$3,355	$5,735	$914,228
202	$9,090	$3,376	$5,714	$910,852
203	$9,090	$3,397	$5,693	$907,455
204	$9,090	$3,418	$5,672	$904,036
205	$9,090	$3,440	$5,650	$900,597
206	$9,090	$3,461	$5,629	$897,135
207	$9,090	$3,483	$5,607	$893,653
208	$9,090	$3,505	$5,585	$890,148
209	$9,090	$3,527	$5,563	$886,621
210	$9,090	$3,549	$5,541	$883,073
211	$9,090	$3,571	$5,519	$879,502
212	$9,090	$3,593	$5,497	$875,909
213	$9,090	$3,616	$5,474	$872,293
214	$9,090	$3,638	$5,452	$868,655
215	$9,090	$3,661	$5,429	$864,994
216	$9,090	$3,684	$5,406	$861,310
217	$9,090	$3,707	$5,383	$857,604
218	$9,090	$3,730	$5,360	$853,874
219	$9,090	$3,753	$5,337	$850,120
220	$9,090	$3,777	$5,313	$846,343
221	$9,090	$3,800	$5,290	$842,543
222	$9,090	$3,824	$5,266	$838,719
223	$9,090	$3,848	$5,242	$834,871
224	$9,090	$3,872	$5,218	$830,999
225	$9,090	$3,896	$5,194	$827,103
226	$9,090	$3,921	$5,169	$823,182
227	$9,090	$3,945	$5,145	$819,237
228	$9,090	$3,970	$5,120	$815,267
229	$9,090	$3,995	$5,095	$811,273
230	$9,090	$4,020	$5,070	$807,253
231	$9,090	$4,045	$5,045	$803,208
232	$9,090	$4,070	$5,020	$799,138
233	$9,090	$4,095	$4,995	$795,043
234	$9,090	$4,121	$4,969	$790,922
235	$9,090	$4,147	$4,943	$786,775
236	$9,090	$4,173	$4,917	$782,603
237	$9,090	$4,199	$4,891	$778,404
238	$9,090	$4,225	$4,865	$774,179
239	$9,090	$4,251	$4,839	$769,928
240	$9,090	$4,278	$4,812	$765,650
241	$9,090	$4,305	$4,785	$761,345
242	$9,090	$4,332	$4,758	$757,013
243	$9,090	$4,359	$4,731	$752,655
244	$9,090	$4,386	$4,704	$748,269
245	$9,090	$4,413	$4,677	$743,855
246	$9,090	$4,441	$4,649	$739,415
247	$9,090	$4,469	$4,621	$734,946
248	$9,090	$4,497	$4,593	$730,449
249	$9,090	$4,525	$4,565	$725,925
250	$9,090	$4,553	$4,537	$721,372
251	$9,090	$4,581	$4,509	$716,790
252	$9,090	$4,610	$4,480	$712,180
253	$9,090	$4,639	$4,451	$707,541
254	$9,090	$4,668	$4,422	$702,873
255	$9,090	$4,697	$4,393	$698,176
256	$9,090	$4,726	$4,364	$693,450
257	$9,090	$4,756	$4,334	$688,694
258	$9,090	$4,786	$4,304	$683,908
259	$9,090	$4,816	$4,274	$679,093
260	$9,090	$4,846	$4,244	$674,247
261	$9,090	$4,876	$4,214	$669,371
262	$9,090	$4,906	$4,184	$664,465
263	$9,090	$4,937	$4,153	$659,528
264	$9,090	$4,968	$4,122	$654,560
265	$9,090	$4,999	$4,091	$649,561
266	$9,090	$5,030	$4,060	$644,530
267	$9,090	$5,062	$4,028	$639,469
268	$9,090	$5,093	$3,997	$634,375
269	$9,090	$5,125	$3,965	$629,250
270	$9,090	$5,157	$3,933	$624,093
271	$9,090	$5,189	$3,901	$618,904
272	$9,090	$5,222	$3,868	$613,682
273	$9,090	$5,254	$3,836	$608,427
274	$9,090	$5,287	$3,803	$603,140
275	$9,090	$5,320	$3,770	$597,820
276	$9,090	$5,354	$3,736	$592,466
277	$9,090	$5,387	$3,703	$587,079
278	$9,090	$5,421	$3,669	$581,658
279	$9,090	$5,455	$3,635	$576,204
280	$9,090	$5,489	$3,601	$570,715
281	$9,090	$5,523	$3,567	$565,192
282	$9,090	$5,558	$3,532	$559,634
283	$9,090	$5,592	$3,498	$554,042
284	$9,090	$5,627	$3,463	$548,415
285	$9,090	$5,662	$3,428	$542,752
286	$9,090	$5,698	$3,392	$537,055
287	$9,090	$5,733	$3,357	$531,321
288	$9,090	$5,769	$3,321	$525,552
289	$9,090	$5,805	$3,285	$519,747
290	$9,090	$5,842	$3,248	$513,905
291	$9,090	$5,878	$3,212	$508,027
292	$9,090	$5,915	$3,175	$502,112
293	$9,090	$5,952	$3,138	$496,160
294	$9,090	$5,989	$3,101	$490,171
295	$9,090	$6,026	$3,064	$484,145
296	$9,090	$6,064	$3,026	$478,081
297	$9,090	$6,102	$2,988	$471,979
298	$9,090	$6,140	$2,950	$465,839
299	$9,090	$6,179	$2,911	$459,660
300	$9,090	$6,217	$2,873	$453,443
301	$9,090	$6,256	$2,834	$447,187
302	$9,090	$6,295	$2,795	$440,892
303	$9,090	$6,334	$2,756	$434,557
304	$9,090	$6,374	$2,716	$428,183
305	$9,090	$6,414	$2,676	$421,770
306	$9,090	$6,454	$2,636	$415,316
307	$9,090	$6,494	$2,596	$408,821
308	$9,090	$6,535	$2,555	$402,287
309	$9,090	$6,576	$2,514	$395,711
310	$9,090	$6,617	$2,473	$389,094
311	$9,090	$6,658	$2,432	$382,436
312	$9,090	$6,700	$2,390	$375,736
313	$9,090	$6,742	$2,348	$368,994
314	$9,090	$6,784	$2,306	$362,211
315	$9,090	$6,826	$2,264	$355,384
316	$9,090	$6,869	$2,221	$348,516
317	$9,090	$6,912	$2,178	$341,604
318	$9,090	$6,955	$2,135	$334,649
319	$9,090	$6,998	$2,092	$327,650
320	$9,090	$7,042	$2,048	$320,608
321	$9,090	$7,086	$2,004	$313,522
322	$9,090	$7,130	$1,960	$306,392
323	$9,090	$7,175	$1,915	$299,216
324	$9,090	$7,220	$1,870	$291,997
325	$9,090	$7,265	$1,825	$284,732
326	$9,090	$7,310	$1,780	$277,421
327	$9,090	$7,356	$1,734	$270,065
328	$9,090	$7,402	$1,688	$262,663
329	$9,090	$7,448	$1,642	$255,215
330	$9,090	$7,495	$1,595	$247,720
331	$9,090	$7,542	$1,548	$240,178
332	$9,090	$7,589	$1,501	$232,589
333	$9,090	$7,636	$1,454	$224,953
334	$9,090	$7,684	$1,406	$217,269
335	$9,090	$7,732	$1,358	$209,537
336	$9,090	$7,780	$1,310	$201,756
337	$9,090	$7,829	$1,261	$193,927
338	$9,090	$7,878	$1,212	$186,049
339	$9,090	$7,927	$1,163	$178,122
340	$9,090	$7,977	$1,113	$170,145
341	$9,090	$8,027	$1,063	$162,119
342	$9,090	$8,077	$1,013	$154,042
343	$9,090	$8,127	$963	$145,915
344	$9,090	$8,178	$912	$137,737
345	$9,090	$8,229	$861	$129,508
346	$9,090	$8,281	$809	$121,227
347	$9,090	$8,332	$758	$112,895
348	$9,090	$8,384	$706	$104,510
349	$9,090	$8,437	$653	$96,073
350	$9,090	$8,490	$600	$87,584
351	$9,090	$8,543	$547	$79,041
352	$9,090	$8,596	$494	$70,445
353	$9,090	$8,650	$440	$61,796
354	$9,090	$8,704	$386	$53,092
355	$9,090	$8,758	$332	$44,334
356	$9,090	$8,813	$277	$35,521
357	$9,090	$8,868	$222	$26,653
358	$9,090	$8,923	$167	$17,729
359	$9,090	$8,979	$111	$8,750
360	$9,090	$9,035	$55	$0

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