$1,700,000
$1,725,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
1885 Chestnut AVE Long Beach, CA 90806
7,487 Sqft Lot
Key Details
Sold Price $1,700,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Wrigley Area (Wr)
MLS Listing ID PW26088839
Sold Date 06/30/26
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1944
Lot Size 7,487 Sqft
Property Sub-Type Apartment
Property Description
Amazing prime investment opportunity. Well-maintained in a high demand rental area. Tastefully remodeled in past 2 years with a NEWER roof and newer water heater. Newer sewer line under the structure and currently getting new electrical work done. Has great potential rental upside, Gross annualize rent is $198,000 per year. There's 4 individual garages, laundry room, & spacious courtyard.
Location
State CA
County Los Angeles
Area 5 - Wrigley Area
Zoning LBR2N
Interior
Interior Features Ceiling Fan(s), All Bedrooms Up, All Bedrooms Down
Heating Central
Cooling None
Flooring Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Oven
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Overhead Utilities
View Y/N No
View None
Roof Type Shingle
Accessibility None
Total Parking Spaces 4
Private Pool No
Building
Lot Description 6-10 Units/Acre
Faces East
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 7209028007
Security Features Window Bars
Energy Description 5000.0
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Prashant Sampat Pacific Avenue Realty
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