CA > Long Beach
Long Beach, CA 90813,1430 Chestnut AVE
Long Beach, CA 90813,1430 Chestnut AVE
Long Beach, CA 90813,1430 Chestnut AVE
11
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$2,169,000
Est. payment /mo
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12 Beds
12 Baths
6,402 SqFt
Pending

1430 Chestnut AVE Long Beach, CA 90813

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 6,402 sqft

Price per Sqft $338

MLS Listing ID 25543757

Bedrooms 12

HOA Y/N No

Year Built 1948

Lot Size 6,773 Sqft

Property Description

PRICED TO SELL. 9.4 GRM AND 7.0% CAP against in-place rents with upside to 7.7% CAP. 12 units (all 1+1's) located blocks from downtown Long Beach. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior and all interiors were updated in 2019. No onsite parking. There is an on-site laundry room that is currently not being used. Qualified Buyers can put as little as 25% down. Loan quote provided by David Guevara. Momenta Capital Group. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR4N

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features None

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7269041020

Special Listing Condition Standard

CRMLS – RECore
Listed by Jonathan Swire The Agency

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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