1851 chestnut Avenue, Long Beach, CA 90806

About this property

Newer property in good rental area with copper water pipes, roof above front 4 units 4 years old and roof of rear 4 units inspected and repaired at that time.A low maintenance exterior with no need for a gardener. 10 garages. Laundry for extra income. Long time tenants with low rents but
 a 2 bedroom unit has just rented @ $1,450. All tenants are month to month rentals and can be increased with a 60 day notice. Seller may do 1031 exchange at no cost to buyer. Seller may carry with 15% down.

Listing description from the August 2019 sale, as reported to CRMLS.

Sale history

$1,707,000

Sold August 2019 · listed $1,750,000, orig. $1,725,000, on market April 2019 · MLS #OC19096121 · Source: CRMLS

Listing Agent: Anthony Di Virgilio · Listing Office: Divirgilio, Anthony · Contact: 714-916-0959 · Bought with: Michael Borba · Borba Investment Realty

$1,125,000

Sold July 2014 · listed $1,140,000, on market June 2014 · MLS #SB14128137 · Source: CRMLS

Listing Agent: Cris Molles · Listing Office: The Real Estate Group · Contact: 310-540-0072 · Bought with: Anthony Di Virgilio · Divirgilio, Anthony

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