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Image 1 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 2 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 3 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 4 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 5 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 6 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 7 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 8 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Image 9 - 1885 Chestnut Ave, Long Beach, California, 90806 - House for sale
Home For Sale In Long Beach, California
1885 Chestnut Ave, Long Beach, California, 90806

Home For Sale In Long Beach, California

house for sale
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Listed: 06/05/24

1885 Chestnut Ave, Long Beach, California, 90806

17 Bed:
8 Bath:
6,523 Sq Ft Living Area:
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Price
$ 2,2M

About This House

Introducing a prime investment opportunity at 1885 Chestnut Avenue, Long Beach. This 8-unit apartment complex boasts 17 bedrooms, 8 bathrooms situated on a generous 7500 square foot lot. Unit mixes are (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom. Three (3) of the units have been tastefully remodeled to go along with a brand new roof install last year in one of the buildings. One of the 3 bedroom unit will be deliveredVACANT.There is an onsite community laundry room. The rear has a 4 car garage with access to alley exit that can be converted to ADU's. All tenants are on month-to-month leases and consistently meet their obligations. Don't miss out on this smart investment in a sought-after location.

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Long Beach Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
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In June 2024, the asking price for 2 bed houses for sale in/near Long Beach, United States averaged $820,250, a decrease of 12.7% from the previous month.
Median price trends for properties for sale in Long Beach, United States as of June 2024.

Household Income

Median household income: $61,610
Number of households: 173,432
The average household income in Long Beach, CA grew from $60,557 to $61,610 in the past year. This data is an estimate based upon 173,432 households in Long Beach, CA.
The chart below presents how household income is distributed in Long Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Long Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Long Beach, CA equals $3k+ , which is more than the national average.