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2175 Chestnut Ave

Long Beach CA 90806

1
6534 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

1 bathroom
6534 sq. ft. lot size
Multi-Family

Property history for 2175 Chestnut Ave

2004
Sold
$575,871
01 Oct 2004

Happy sellers in Long Beach

94%
94% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Long Beach over the last 12 months.

Local market activity for multi families in Long Beach

In the last 12 months, 17 multi families similar to 2175 Chestnut Ave, have been sold.

This represents a 23% increase in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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