2472 Chestnut Avenue, Long Beach, CA 90806

$1,150,000

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List Price
$1,150,000
Status
ACTIVE
MLS#
CV26186409
Year Built
1931
Lot Size
6,479
Acres
0.15
Lot Location
Back Yard, Near Public Transit
Days on Market
6
Property Type
Multifamily
Style
Spanish
Property Sub Type
Quadruplex
Stories
One Level
Neighborhood
Wrigley Area (Wr)

Property Description

Classic Spanish style, great character, and a smart income-property setup! This attractive four-unit property blends vintage Long Beach charm with several meaningful updates, including copper plumbing throughout with updated pressure lines, interior valves, and main water line, plus updated ABS waste lines serving all four units. Each unit offers a surprisingly spacious 1-bedroom floor plan with a separate den/dining area, giving tenants valuable extra space for a home office, dining room, or flexible living area. The rear unit gets an added bonus with its own private backyard. Practical features add to the appeal with all units separately metered for utilities, two garages, two additional off-street parking spaces, a dedicated laundry room with coin-operated machines, and automatic irrigation throughout the grounds. A sharp, character-filled fourplex with functional layouts, desirable tenant amenities, and plenty of long-term potential.

Additional Information

Appliances
Gas Range, Refrigerator, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Roof
Rolled/Hot Mop, Spanish Tile
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Unfurnished, All Bedrooms Down, Galley Kitchen
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$83,700
Operating Expense
27385

Listing courtesy of Listing Agent: Jack Harriman (Jack@RealtorJack.com) from Listing Office: Seven Gables Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.