Long Beach, CA 90806,2375 Chestnut AVE
$1,200,000
$1,200,000
Est.Price: ?

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6,490 Sqft Lot

2375 Chestnut AVE Long Beach, CA 90806

Est. payment /mo
SOLD DATE : 05/23/2014

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Key Details

Sold Price $1,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID PW14059611

Sold Date 05/23/14

HOA Y/N No

Year Built 1937

Tax Year 2013

Lot Size 6,490 Sqft

Property Description

We are proud to offer a well-maintained, attractive eight-unit property in the city of Long Beach. The subject property is located at 2375 Chestnut Avenue, two blocks south of Willow Street and four blocks east of Magnolia Avenue, in the heart of Wrigley District. This investment features an excellent unit mix of four one-bedroom/one-bath units with den, one two-bedroom/one-bath unit with den, and three two-bedroom/one-bath units. Built in 1937, this property is a two story walk-up style building with central hallways and approximately 7,048 rentable square feet and a lot size of 6,499 square feet. This property is well landscaped and offers two enclosed garages and three open spaces in the rear for tenant's convenience.2375 Chestnut Avenue is within close proximity to Lafayette Elementary School, numerous restaurants and shopping centers along Pacific Avenue. This property offers an investor the rare opportunity to acquire a well-maintained income property in a strong rental market. WIth strong rents in place and numerous upgrades to the interior of the units, this property is ideal for an investor looking to get into the business or add to their existing portfolio.

Location

State CA

County Los Angeles

Area 5 - Wrigley Area

Interior

Fireplace No

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story Two

Entry Level Two

Sewer Unknown

Water Public

Level or Stories Two

Others

Tax ID 7205014017

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap
Bought with Jeffery Chonis • Buckingham Investments, Inc.

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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