2367 Chestnut Avenue, Long Beach, CA 90806

About this property

2367 Chestnut Avenue is a four-unit asset located on a quiet, residential street in South Wrigley, Long Beach. With (1) 3 bedroom/2 bath unit and (3) 2 bedroom/2 bath units, the property presents an ideal owner-occupied opportunity. All units are fully renovated with high-end finishes, including wood flooring, recessed lighting and modern kitchens and baths. The building features low-maintenance, drought-tolerant artificial turf in the front yard, newly-painted exteriors with brand new gutters installed, all new copper plumbing throughout, on-site laundry and five private garages. This property provides a low-effort, solid cash flow investment opportunity in a popular residential Long Beach submarket. The South Wrigley area is beginning to benefit from the large amount of capital flooding into Long Beach. As renters move inland from Downtown Long Beach and beach areas, renter demographics are changing in the surrounding areas. Exciting new developments are taking place within just a few blocks of the subject property

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

Sale history

$1,430,000

Sold September 2019 · listed $1,465,000, orig. $1,500,000, on market June 2019 · MLS #PW19147306 · Source: CRMLS

Listing Agent: Robert Stepp · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: Elizabeth O'Ryan · Realty One Group Diamond

$1,065,000

Sold December 2017 · listed $1,049,000, on market October 2017 · MLS #PW17245049 · Source: CRMLS

Listing Agent: Kristina Moore · Listing Office: Main Street Realtors · Contact: 562-438-0910 · Bought with: Jonathan Gallagher · Landmark Realtors, Inc.

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