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2175 Chestnut, Long Beach, CA 90806
Priced at Only: $2,600,000
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Address: 2175 Chestnut, Long Beach, CA 90806
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  • MLS#: PW25248922 ( Apartment )
  • Street Address: 2175 Chestnut
  • Viewed: 1
  • Price: $2,600,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1929
  • Bldg sqft: 0
  • Days On Market: 134
  • Additional Information
  • County: LOS ANGELES
  • City: Long Beach
  • Zipcode: 90806
  • Subdivision: Other (othr)
  • Provided by: Marcus & Millichap
  • Contact: Kevin Kevin
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 8154.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Country
  1. US
Days On Market
  1. 123
Electric Expense
  1. 3674.00
Entry Location
  1. Front
Fuel Expense
  1. 3674.00
Garage Spaces
  1. 5.00
Gardner Expense
  1. 960.00
Insurance Expense
  1. 10066.00
Laundry Features
  1. None
Levels
  1. Two
Lot Features
  1. 11-15 Units/Acre
Netoperatingincome
  1. 150596.00
Newtaxesexpense
  1. 31070.00
Number Of Separate Electric Meters
  1. 15
Otherexpense
  1. 1828.00
Otherexpensedescription
  1. Res
  2. AD
Parcel Number
  1. 7205026015
Pool Features
  1. None
Professionalmanagementexpense
  1. 9720.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 451050143:CRM
Subdivision Name Other
  1. South Wrigley
Totalexpenses
  1. 70920.00
Trash Expense
  1. 3674.00
Water Sewer Expense
  1. 3674.00
Water Source
  1. Public
Year Built
  1. 1929
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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