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Listed by Ty Youngblood • Keller Williams Realty
$ 1,150,000
Est. payment /mo
New
1750 Chestnut Avenue Long Beach, CA 90813
2,927 SqFt
UPDATED:
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
Virtual Tour https://player.vimeo.com/video/1069683672?badge=0&autopause=0&player_id=0&app_id=58479