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Key Details
Sold Price $1,410,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25044279
Sold Date 04/18/25
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1928
Lot Size 7,518 Sqft
Property Sub-Type Quadruplex
Property Description
Welcome to 1606 Chestnut Ave in Long beach, CA - the crown jewel property of the entire neighborhood! This is a perfect property for an investment portfolio, especially with the property being situated in the fastest growing part of Long Beach, where the area is experiencing the fastest improvement as well. This property is a gorgeous 4 unit - with two units located on the 1st level & two units located on the 2nd level. Two of the units consist of a 2 bed, 2 bath configuration & Two of the units consist of a 2 bed, 1 bath configuration. One type of each configuration is on the 1st level & one type of each configuration the 2nd level. Each unit also comes with laundry located within each unit, making these individual units very attractive to renters. Located in the back of the lot of the property are 4 detached enclosed garage spaces - one for each unit, for ease of parking. The interior of each unit is in immaculate condition - complete with vinyl flooring, LED recessed canned lighting, beautiful quartz countertops throughout the kitchens, Shaker cabinets in each unit, remodeled bathrooms in every unit, newer windows in the entire building, and aesthetic renovations to make the property look most appealing to potential tenants. Additionally, the lot is heavily oversized for the area, and the entire front of the lot is left for an open development concept in the future! Don't let this property get away from you...
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LBR4N
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Oven
Laundry Inside
Exterior
Parking Features Assigned, Door-Single, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Chain Link
Pool None
Community Features Biking, Curbs, Golf, Lake, Park, Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Electricity Available, Electricity Connected
View Y/N No
View None
Roof Type Asphalt,Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 7269039007
Acceptable Financing Submit
Listing Terms Submit
Financing FHA
Special Listing Condition Standard
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Bought with Cynthia Jauregui • eXp Realty of Greater LA, Inc.
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960