1885 Chestnut Avenue, Long Beach, CA 90806

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1885 Chestnut Avenue,Long Beach, CA 90806
$1,725,000
  • - Beds
  • - Baths
  • 6,523 sq. ft.
  • Multi-family
  • Active
Listed by: branden chhuor
Office: compass714-406-2880
MLS#:PW26088839
Source:CRMLS

Price summary

  • Price:$1,725,000
  • Price per sq. ft.:$264.45

About this home

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.

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Home facts

  • Year built:1944
  • Listing ID #:PW26088839
  • Added:1 day(s) ago
  • Updated:April 24, 2026 at 03:28 PM

Rooms and interior

  • Flooring:Laminate, Vinyl
  • Kitchen Description:Gas Oven
  • Living area:6,523 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1944
  • Building area:6,523 sq. ft.
  • Lot area:0.17 Acres
  • Architectural Style:Traditional
  • Construction Materials:Drywall
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,725,000
  • Price per sq. ft.:$264.45

Features and amenities

  • Amenities:All Bedrooms Down, All Bedrooms Up, Ceiling Fans

Parking

  • Total parking spaces:4
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:4
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