Skip main navigation
For sale
  • Listing Provided by: 

    Pat Swanson DRE #01382974 213-864-2862,

    Pat Swanson

    Price cut: $26K (6/16)
    $1,799,000

    2200 Chestnut Ave, Long Beach, CA 90806

    10beds
    6baths
    5,504sqft
    : 
    Multi Family
    Built in 1932
    -- sqft lot
    $-- Zestimate®
    $327/sqft
    $-- HOA

    What's special

    Restored spanish revivalNew electrical panelsCopper plumbingOn-site laundry
    Beautifully restored Spanish Revival 6-unit complex in Long Beach’s historic South Wrigley neighborhood. Features (4) large 2-bed/1-bath and (2) 1-bed/1-bath units totaling 5,504 SF. Upgrades include new electrical panels, copper plumbing, on-site laundry, and garages. Assumable financing at 3.20% fixed through May 2026, then 4.20% until Nov 2026, 5.20% until May 2027, and 6.20% until Nov 2027. Current 5.10% cap rate with upside to 6.67% pro forma. Additional income could be achieved through RUBS, pet rent, parking, and potential ADU development where existing garages are located. Excellent location near Downtown, transit, and schools—strong cash flow and long-term upside.
    136 days
    on Zillow
    |
    153
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 11, 2025 at 10:33am

    Listing Provided by:

    Pat Swanson DRE #01382974 213-864-2862,

    Pat Swanson

    Source: CRMLS,MLS#: OC25078995MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2200 Chestnut Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 5,504
    • Total interior livable area: 5,504 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Entry location: Ground
    • Pool features: None
    Lot
    • Size: 6,500 Square Feet
    • Features: 6-10 Units/Acre
    Details
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Gutter(s), Sidewalks, Urban
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $327/sqft
    • Date on market: 4/14/2025
    • Cumulative days on market: 136 days
    • Listing terms: Cash to Existing Loan,Cash to New Loan
    • Loading
    • Loading