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1980 Chestnut Avenue

Long Beach, CA 90806
  • $1,390,000
  • STATUS: Active
  • ON SITE: 167 Days
  • MLS #: PW24230586
Price Reduced
UPDATED: 26 min ago
$1,390,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Derrick Coleman of D & D Properties (714-982-4600)


Description

Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T15:36:21.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157692491
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1980 Chestnut Avenue Long Beach, CA 90806

  • Price: $1,390,000
  • Status: Active
  • On Site: 167 Days
  • Updated: 26 min ago
  • MLS #: PW24230586
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1947
Built
Neighborhood:
Wrigley Area (Wr)
County:
Los Angeles
Area:
5 - Wrigley Area
Property Description
Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange
Exterior Features

Entry Level 1 Entry Location 1 Fencing Chain Link Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Roof Composition

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Baseboard Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Urban Current Financing Conventional Electric Expense 420 Fuel Expense 960 Garage YN No Gross Income 90000 Gross Scheduled Income 94800 Insurance Expense 1 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New LoanConventionalFHAFannie Mae Net Operating Income 91000 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 4000 Possession Close Plus 3 Days Property Condition Repairs Cosmetic Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays ElectricityGas Total Actual Rent 8350 Trash Expense 300 Water Sewer Expense 1440 Water Source Public Zoning LBR2N



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T15:36:21.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Derrick Coleman of D & D Properties (714-982-4600)