1885 Chestnut Avenue, Long Beach, CA 90806
- $1,700,000
- Sold Price
- $1,700,000
- List Price
- $1,725,000
- Closing Date
- Jun 30, 2026
- Status
- CLOSED
- MLS#
- PW26088839
- Year Built
- 1944
- Lot Size
- 7,487
- Acres
- 0.17
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 3
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Apartment
- Stories
- Two Levels
- Neighborhood
- Wrigley Area (Wr)
Property Description
Amazing prime investment opportunity. Well-maintained in a high demand rental area. 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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Additional Information
- Appliances
- Gas Oven
- Pool Description
- None
- Heat
- Central
- Cooling Description
- None
- View
- None
- Exterior Construction
- Drywall
- Roof
- Shingle
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), All Bedrooms Up, All Bedrooms Down
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $198,156
- Operating Expense
- 59123
Listing courtesy of Listing Agent: Branden Chhuor (b.chhuor@gmail.com) from Listing Office: Compass.
Listing sold by Prashant Sampat from Pacific Avenue Realty
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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.