$ 1,725,000
-
$1,725,000
Price -
17
Bed -
8
Bath -
6,523
SqFt
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About the Listing PB20495 - PWCHHUBRA
Amazing prime investment opportunity at 1885 Chestnut Ave, located in an OPPORTUNITY ZONE. Well-maintained in a high demand rental area. This 8-unit updated complex has excellent unit mixes of (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom. Five (5) units have been tastefully remodeled in past 2 years with a NEWER roof and newer water heater. Newer sewer line under the structure and currently getting new electrical work done. Has great potential rental upside, Gross annualize rent is $198,000 per year. There’s 4 individual garages, laundry room, & spacious courtyard.
Listing Highlights
Status
Pending
Days on Site
26
Property Type
Multi-Family
MLS ®
PW26088839
Year Built
1944
Total Square Footage
6,523
Lot/Acreage
0.17
Interior Details
- Bedrooms: 17
- Bathrooms: 8 Full
- Appliances: Gas Oven
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor: Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),All Bedrooms Up,All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: 6-10 Units/Acre,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 4
- Zoning: LBR2N
- Roof: Shingle
- Others: Updated/Remodeled,Drywall,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7209028007
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
1885 Chestnut Ave Long Beach, CA 90806
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