1885 Chestnut, Long Beach CA 90806 | $1,899,000
Listing provided courtesy of Branden Chhuor of Compass. Last updated 2025-04-30 08:14:14.000000. Listing information © 2025 SANDICOR.
Amazing prime investment opportunity at 1885 Chestnut Ave, located in an OPPORTUNITY ZONE. Well-maintained in a high demand rental area. This 7-unit plus 1 non-conforming remodeled unit complex has excellent unit mixes of (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom. Four (4) units have been tastefully remodeled to go along with a brand NEW roof and brand new water heater. Has great potential rental upside, while Cap Rate on current rents is at 7.60% and 8.8 GRM. There’s 4 individual garages, laundry room, & spacious courtyard.
More Details
0.17 Acres
2 Stories
