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Search Cali Homes Team
1430 Chestnut Avenue, Long Beach, CA 90813
- $2,140,000
- 12
- BD
- 12
- BA
- 6,402
- SqFt
Listing courtesy of Listing Agent: Jonathan Swire (jon@jonswire.com) from Listing Office: The Agency.
Selling Office: Buckingham Investments, Inc.- Sold Price
- $2,140,000
- List Price
- $2,169,000
- Status
- CLOSED
- Days on Market
- 120
- Closing Date
- Nov 13, 2025
- MLS#
- 25543757
- Subtype
- Residential Income
- Year Built
- 1948
- Bedrooms
- 12
- Bathrooms
- 12
- Living Area
- 6,402
- Lot Size
- 6,772
- Acres
- 0.16
- MLS Area Major
- Downtown Area, Alamitos Beach (4)
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.
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Additional Information
- Zoning
- LBR4N
- Heating
- Wall Furnace
- Stories
- Two Levels
- Levels
- Two
- Parking Features
- None
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.