532 Chestnut

Long Beach, CA 90802
$1,325,000
Located in the desirable West Village neighborhood of Downtown Long Beach, 532–534 Chestnut Avenue presents a rare opportunity to acquire a charming 6-unit multifamily property with strong rental potential. Originally built in the 1920s, the property features classic architectural character, mature landscaping, and a well-maintained courtyard setting. The unit mix includesRead MoreRead Less
Property listed by BERKSHIRE HATH HM SVCS CA PROP, Monique Gandy 909-257-8154
Listing Snapshot
Days Online
19
Last Updated
Property Type
SingleFamilyResidence
Lot Size
0.17 Acres
Year Built
1922
MLS Number
CV26052460
Property Location Map
Additional Details
Appliances & Equipment
GasRange, Dryer, Washer
Building
Built in 1922, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Front Door
Community
StreetLights, Sidewalks
Cooling
None
Expenses
Electric: $6,864, Fuel: $1,944, Gardener: $1,560, Insurance: $6,287, Operating: $38,377, Trash: $2,714.6, Water/Sewer: $1,277.7
Fireplaces
Gas, LivingRoom
Garage
3 spaces
Heating
WallFurnace
Income
Gross Income: $2,040, Gross ScheduledIncome: $104,580, Net Operating Income: $60,974
Laundry
CommonArea, LaundryRoom
Lot
0.1723 acres, ZeroToOneUnitAcre, BackYard, FrontYard, Lawn
Parking
3 total parking spaces, Garage, OnStreet
Pool
None
Property
Other structures: TwoOnALot
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 7280002008, Tax Block: 59, Lot: 12
Tenant Pays
ParkingFee
Utilities
CableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public
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Keith Richardson
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.