2367 Chestnut Avenue is a four-unit asset located on a quiet, residential street in South Wrigley, Long Beach. With (1) 3 bedroom/2 bath unit and (3) 2 bedroom/2 bath units, the property presents an ideal owner-occupied opportunity. All units are fully renovated with high-end finishes, including wood flooring, recessed lighting and modern kitchens and baths. The building features low-maintenance, drought-tolerant artificial turf in the front yard, newly-painted exteriors with brand new gutters installed, all new copper plumbing throughout, on-site laundry and five private garages. This property provides a low-effort, solid cash flow investment opportunity in a popular residential Long Beach submarket. The South Wrigley area is beginning to benefit from the large amount of capital flooding into Long Beach. As renters move inland from Downtown Long Beach and beach areas, renter demographics are changing in the surrounding areas. Exciting new developments are taking place within just a few blocks of the subject property
Off market
$1,722,300
2367 Chestnut Ave, Long Beach, CA 90806
5beds
4baths
4,447sqft
MultiFamily
Built in 1969
-- sqft lot
$1,722,300 Zestimate®
$387/sqft
$3,041 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Included: Range / Oven
- Laundry: Common Area
Features
- Flooring: Tile
- Common walls with other units/homes: 2+ common walls
Interior area
- Total interior livable area: 4,447 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 6,499 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 7205014018
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Long Beach
Other
Other facts
- CommunityFeatures: Curbs
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- CommonWalls: 2+ common walls
- PreviousStandardStatus: Active
- LotFeatures: 2-5 Units/Acre
- ParkingFeatures: Garage - Single Door
- MLSAreaMajor: 5 - Wrigley Area
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- TaxTractNumber: 5731
- Sewer: Public Sewer
- StandardStatus: Pending
- LaundryFeatures: Common Area
- SeniorCommunityYN: 0
- ParcelNumber: 7205014018
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Estimated market value
$1,722,300