2175 Chestnut Ave, Long Beach, CA, 90806
--beds
14baths
8,154sqft
$2,600,000
$319price/sqft
$16,719/moest. monthly cost
$668,760/yrincome needed
About This Home
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.
Getting Around
84
Very Walkable60
Good Transit80
Very BikeableSchools
5/10
4/10
3/10
Construction
Condition
- Year built: 1929
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: None
Bedrooms & Bathrooms
- Bathrooms: 14
Features
- Common walls with other units/homes: 1 Common Wall
Interior Area
- Total structure area: 8,154
- Total interior livable area: 8,154 sqft
Property
Details
- Parcel number: 7205026015
- Attached to another structure: Yes
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
Lot
- Lot size: 6,534 sqft
- Features: 11-15 Units/Acre
Parking
- Total spaces: 5
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 5
- Covered spaces: 5