2166 Chestnut Avenue, Long Beach, CA 90806

About this property

We are pleased to present this beautiful 8 unit apartment building located in the city of Long Beach. This very well-maintained 7,074 sq ft compound is situated on a 6,333 sq ft lot, which includes two enclosed garages that hold 12 parking spots. Built in 1987, this property features (8) 2 bedroom/2 bathroom units which all have access to an on-site coin laundry room. Within the past 4 years, 5 of the units have had upgrades including tile flooring. This property is located close to freeways, shopping and the Long Beach Hospital. This is a perfect investment opportunity for anyone looking to acquire a newer constructed building as well as maximize cash flow.

Listing description from the March 2018 sale, as reported to CRMLS.

Sale history

$2,060,000

Sold March 2018 · listed $2,100,000, on market October 2017 · MLS #SB17246716 · Source: CRMLS

Listing Agent: John Stiegler II · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Kevin Kretzmer · Lyon Stahl Investment Real Estate, Inc.

$1,600,000

Sold December 2016 · on market December 2016 · MLS #SB16758036 · Source: CRMLS

Listing Agent: John Stiegler II · Listing Office: Lyon Stahl Investment RE, Inc. · Contact: 310-425-9838 · Bought with: John Stiegler II · Lyon Stahl Investment RE, Inc.

$1,325,000

Sold April 2014 · listed $1,350,000, on market February 2014 · MLS #SB14023117 · Source: CRMLS

Listing Agent: William Van Tassel · Listing Office: Power Brokers Realty · Contact: 562-433-8967 · Bought with: Jeffrey Day · Jeff Day-Broker

$1,151,000

Sold August 2012 · listed $1,190,000, orig. $1,200,000, on market September 2011 · MLS #P798291 · Source: CRMLS

Listing Agent: Kevin King · Listing Office: Marcus & Millichap · Contact: 562-257-1246 · Bought with: Kevin King · Marcus & Millichap

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