For sale
  • Price cut: $31K (8/14)
    $2,169,000

    1430 Chestnut Ave, Long Beach, CA 90813

    12beds
    12baths
    6,402sqft
    : 
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $339/sqft
    $-- HOA

    What's special

    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.
    81 days
    on Zillow
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    87
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