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Listed by Ty Youngblood • Keller Williams Realty
$ 1,150,000
Est. payment | /mo
7,504 Sqft Lot
$ 1,150,000
Est. payment | /mo
7,504 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIG25068051
Style Traditional
Originating Board California Regional MLS
Year Built 1937
Lot Size 7,504 Sqft
Property Sub-Type Fourplex
Property Description
Located in the heart of Long Beach's Washington neighborhood-an established rental market with strong tenant demand-1750 Chestnut Ave presents a unique opportunity to own a well-positioned, income-producing fourplex with excellent functionality and strong cash flow potential. Public records reflect a 5-bedroom, 4-bathroom building, but the property is currently configured as 9 bedrooms and 4 bathrooms across four units, maximizing use of space and rental flexibility. The existing unit mix includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit is assigned one garage space within a 5-car garage structure located separately from the living units. The property also features a code-access gate for added security and a common laundry room with coin-operated machines, providing additional income. This is an outstanding opportunity for value-driven investors to acquire a well-located, high-demand asset with strong in-place income and long-term upside. Properties offering this level of flexibility, security, and tenant appeal rarely come to market-don't miss your chance to add a solid performer to your portfolio.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Laundry Area, Washer/Dryer - Owned, Community Facility
Exterior
Parking Features Garage, Common Parking - Public
Garage Spaces 5.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Architectural Style Traditional
Others
Tax ID 7269036010
Special Listing Condition Not Applicable

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