1750 Chestnut Avenue new

Long Beach,CA 90813

$ 1150000

- Bed

0 Bath

2927 SqFt


Key Details

Property Type Other Types

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,927 sqft

Price per Sqft $392

Subdivision Downtown

MLS Listing ID IG-25068051

Style Traditional

Year Built 1937

Lot Size 7,504 Sqft

Property Sub-Type Quadruplex

Property Description

Located in the heart of Long Beach's Washington neighborhood--an established rental market with strong tenant demand--1750 Chestnut Ave presents a unique opportunity to own a well-positioned, income-producing fourplex with excellent functionality and strong cash flow potential. Public records reflect a 5-bedroom, 4-bathroom building, but the property is currently configured as 9 bedrooms and 4 bathrooms across four units, maximizing use of space and rental flexibility. The existing unit mix includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit is assigned one garage space within a 5-car garage structure located separately from the living units. The property also features a code-access gate for added security and a common laundry room with coin-operated machines, providing additional income. This is an outstanding opportunity for value-driven investors to acquire a well-located, high-demand asset with strong in-place income and long-term upside. Properties offering this level of flexibility, security, and tenant appeal rarely come to market--don't miss your chance to add a solid performer to your portfolio.

Location

State CA

County Los Angeles

Zoning LBR4N

Interior

Laundry Common Area,Community

Exterior

Parking Features Garage Faces Rear,Public

Garage Spaces 5.0

Pool None

Community Features Sidewalks,Storm Drains,Street Lights

View Y/N No

View None

Building

Lot Description 2-5 Units/Acre

Sewer Public Sewer

Others

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