The Chestnut Avenue Apartments is an 8-unit apartment community located in the South Wrigley neighborhood. This area features the vibrant submarkets of West Gateway & DTLB. The building is situated on a 7,638 square foot parcel and is comprised of two 1bed/1bath units, four 2 bed/1 bath units and two 2 bed/2 bath units. The property is located within walking distance to bus lines, restaurants, and presents an opportunity to acquire a value-add asset that provides immediate cash flow. Located in the South Wrigley district in Long Beach, CA. Nearby parks include Cressa Park, David Burcham Field and Drake Park.
Off market
$2,692,100
1981 Chestnut Ave, Long Beach, CA 90806
--beds
0baths
8,356sqft
MultiFamily
Built in 1941
-- sqft lot
$2,692,100 Zestimate®
$322/sqft
$2,457 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Radiant
Appliances
- Laundry: Community
Features
- Common walls with other units/homes: 2+ common walls
Interior area
- Total interior livable area: 8,356 sqft
Property
Parking
- Total spaces: 14
Features
- Levels: Two
Lot
- Size: 7,636 sqft
- Features: No Landscaping
Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1941
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Location
- Region: Long Beach
Other
Other facts
- CommunityFeatures: Sidewalks
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- CommonWalls: 2+ common walls
- Levels: Two
- PreviousStandardStatus: Active
- ParkingFeatures: Garage
- LaundryFeatures: Community
- LotFeatures: No Landscaping
- MLSAreaMajor: 5 - Wrigley Area
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- WaterSource: Public
- Sewer: Unknown
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Estimated market value
$2,692,100