CA > Long Beach > Wrigley Area
Long Beach, CA 90806,2024 Chestnut Avenue
See all 32 photos
Long Beach, CA 90806,2024 Chestnut Avenue
Long Beach, CA 90806,2024 Chestnut Avenue
Long Beach, CA 90806,2024 Chestnut Avenue
Long Beach, CA 90806,2024 Chestnut Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
27
Dec
Sat
28
Dec
Sun
29
Dec
Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Anthony P. Walker • Buckingham Investments, Inc
$ 1,350,000
Est. payment /mo
Save
Active

2024 Chestnut Avenue Long Beach, CA 90806

3,692 SqFt

UPDATED:

12/13/2024 01:36 AM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,692 sqft

Price per Sqft $365

Subdivision Wrigley Area

MLS Listing ID SB-24215716

Style Mediterranean

Year Built 1928

Lot Size 6,399 Sqft

Property Description

Just reduced! Large 5 unit building with (3) 3-Bed Units, (1) Large 2-Bed Unit, and (1) 1-bed unit in the excellent neighborhood of South Wrigley. The building is conveniently located less than a mile from the 710 Freeway, less than 2 miles from the 405, and just 2 miles North of the beach. Attractive residential tree-lined street. The property is priced to sell at 10.86 GRM and a current cap rate of 5.66%. There is approximately 7% upside in income to a market cap rate of 6.3%. It has fresh exterior paint and the electrical system was just updated in September of 2024. There is also a detached garage building off of the back alley that has 4 spots in 3 separate garages. Perfect ADU opportunity.

Location

State CA

County Los Angeles

Zoning LBR2N

Interior

Interior Features Laminate Counters

Heating Wall Furnace

Cooling None

Flooring Carpet, Tile, Vinyl

Fireplaces Type None

Laundry Community

Exterior

Parking Features Garage Faces Rear

Garage Spaces 4.0

Pool None

Community Features Suburban

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

2024 Chestnut Avenue