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Listed by: Kevin King DRE #01158184 | Marcus & Millichap (562) 257-1200
$2,600,000
-- Bed
- 2 Baths
--sqft
2175 Chestnut, Long Beach, CA 90806
$2,600,000
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Apartment
Built in 1929
$-- HOA
0.15 acre lot
--/sqft
Description
We are pleased to present 2175 Chestnut Avenue, located in Long Beach, California. This 2-story, 14-unit multifamily building was originally built in 1929 and represents an excellent value-add opportunity in the desirable South Wrigley neighborhood of Long Beach. The total building area is approximately 8,154 square feet, situated on a 6,470 square-foot parcel. The unit mix consists of fourteen (14) large studio units averaging ±585 square feet each. The property features new electric sub-panels and is separately metered for gas and electricity, helping to keep operating expenses low. There are also four parking spaces in the rear, which can generate additional income.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1929
HOA Fees
-
Finished Area
- sqft
Lot Size
0.15 acre lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25248922
MLS Status
Active
Days on Market
38
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