2175 Chestnut, Long Beach, CA 90806

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Glen Henderson

[email protected] +1(619) 889-7646

$2,600,000

Est. payment - /mo

6,534 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25248922

Lot Size 6,534 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Exchange

Property Type Res Income 2-4 Units

Property Description

We are pleased to present 2175 Chestnut Avenue, located in Long Beach, California. This 2-story, 14-unit multifamily building was originally built in 1929 and represents an excellent value-add opportunity in the desirable South Wrigley neighborhood of Long Beach. The total building area is approximately 8,154 square feet, situated on a 6,470 square-foot parcel. The unit mix consists of fourteen (14) large studio units averaging 585 square feet each. The property features new electric sub-panels and is separately metered for gas and electricity, helping to keep operating expenses low. There are also four parking spaces in the rear, which can generate additional income.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Chestnut Ave & W. Hill St.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7205026015

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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Listed by Kevin King Marcus & Millichap

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2175 Chestnut Long Beach, CA 90806

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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