1430 Chestnut Ave

Long Beach, CA 90813
  • $2,169,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 6,402

    SqFt

About the Listing CLW-X79013 - CLW-X52994

PRICED TO SELL. 9.4 GRM AND 7.0% CAP against in-place rents with upside to 7.7% CAP. 12 units (all 1+1's) located blocks from downtown Long Beach. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior and all interiors were updated in 2019. No onsite parking. There is an on-site laundry room that is currently not being used. Qualified Buyers can put as little as 25% down. Loan quote provided by David Guevara. Momenta Capital Group. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Listing Highlights for 1430 Chestnut Ave

Status Active
Days on Site 101
Property Type Multi-Family
MLS ® 25543757
Year Built 1948
Total Square Footage 6,402
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: LBR4N
  • Roof:
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7269041020
  • Tax Year: N/A

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1430 Chestnut Ave Long Beach, CA 90813

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Originating MLS: CA_CRISNET

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