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Listed by: Branden Chhuor DRE #01948722 | Compass (714) 406-2880
$1,725,000
17 Beds
8 Baths
--sqft
1885 Chestnut Ave, Long Beach, CA 90806
$1,725,000
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Apartment
Built in 1944
$-- HOA
7,487 sqft lot
--/sqft
Description
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.
- Houzeo last checked: 29 Minutes ago
- Listing updated: May 1, 2026 at 10:10 pm
- Source: California Regional MLS-CA | MLS#: PW26088839
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1944
HOA Fees
-
Finished Area
- sqft
Lot Size
7,487 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26088839
MLS Status
Pending
Days on Market
34
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services , Consumer Protection Notice .
§ 442‑H New York Standard Operating Procedure .
New York State Fair Housing Notice .
