Sold for $2,130,000

Listing Provided by: ADW Management USA, Inc.

Bought with: RE/MAX CHAMPIONS

$2,130,000

1633 Chestnut Ave., Long Beach, CA 90813

12beds

10baths

7,357sqft

Multi Family

Built in 1958

-- sqft lot

$2,105,300 Zestimate^®

$290/sqft

$2,421 Estimated rent

Home value

$2,105,300

$1.89M - $2.34M

$2,421/mo

Zestimate^® history

Owner options

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$2,421/mo

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$2,421/mo

Rent Zestimate^®

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$13,453/mo

Est. payment

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$13,453/mo

Est. payment

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What's special

GREAT INVESTMENT OPPORTUNITY! This property is a 10 unit building with a mix of 2 units of 2BD/2BR and 8 units of 1BD/BR. All units have been renovated back in 2018 and a new electrical main panel has been installed in 2024. This property is conveniently located near Downtown long beach, Long beach convention center, Pike outlets, Shoreline Village, and more.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 10

Appliances

Laundry: Common Area

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 7,357
Total interior livable area: 7,357 sqft

Property

Parking

Total spaces: 6
Parking features: Door-Single, Garage Faces Front, Garage, Garage Faces Rear
Garage spaces: 6

Features

Levels: Two
Stories: 2
Entry location: Ground
Pool features: None

Lot

Size: 7,482 sqft
Features: 0-1 Unit/Acre

Details

Parcel number: 7269038023
Zoning: LBR4N
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1958

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Sidewalks

Location

Region: Long Beach
Subdivision: Downtown (Dt)

HOA & financial

Other financial information

Total actual rent: 15805

Other

Other facts

Listing terms: Cash,Cash to New Loan,Conventional

Price history

Date	Event	Price
1/28/2025	Sold	$2,130,000-2.7%$290/sqft
Source: CRMLS #SB24128850 Report a problem
12/26/2024	Pending sale	$2,190,000$298/sqft
Source: CRMLS #SB24128850 Report a problem
7/16/2024	Contingent	$2,190,000$298/sqft
Source: CRMLS #SB24128850 Report a problem
6/24/2024	Listed for sale	$2,190,000+50%$298/sqft
Source: CRMLS #SB24128850 Report a problem
1/17/2019	Sold	$1,460,000$198/sqft
Source: Agent Provided Report a problem