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Sold for $1,150,000
  • Listed by: D & D Properties • Derrick Coleman • Contact: 714-982-4600
    Bought with: Coastal Pacific Investments
    $1,150,000

    1980 Chestnut Ave, Long Beach, CA 90806

    8beds
    4baths
    3,534sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $1,161,100 Zestimate®
    $325/sqft
    $2,726 Estimated rent

    Home value

    $1,161,100

    $1.06M - $1.28M

    $2,726/mo

    Zestimate® history
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    What's special

    Price Improvement. Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange. Shows Great, Almost no deferred maintenance.

    Zillow last checked:

    Listing updated:

    Listed by:

    Derrick Coleman DRE #01224623 714-982-4600,

    D & D Properties

    Bought with:

    Ashley Monconduit, DRE #02043773

    Coastal Pacific Investments

    Source: CRMLS,MLS#: PW24230586MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,534
    • Total interior livable area: 3,534 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Entry location: 1
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 4,114 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7209026003
    • Zoning: LBR2N
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Composition
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    • Subdivision: Wrigley Area (Wr)
    Location
    • Region: Long Beach

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $248,555
    • Annual tax amount: $4,054
    • Date on market: 11/8/2024
    • Cumulative days on market: 292 days
    • Listing terms: Cash to New Loan,Conventional,FHA,Fannie Mae
    • Total actual rent: 8098
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    12/31/2025Sold$1,150,000+0.9%$325/sqft
    Source: CRMLS #PW24230586 Report a problem
    12/17/2025Pending sale$1,140,000$323/sqft
    Source: CRMLS #PW24230586 Report a problem
    12/6/2025Price change$1,140,000+0.4%$323/sqft
    Source: CRMLS #PW24230586 Report a problem
    12/5/2025Listing removed$2,300$1/sqft
    Source: CRMLS #PW25214636 Report a problem
    11/11/2025Pending sale$1,135,000$321/sqft
    Source: CRMLS #PW24230586 Report a problem
    10/27/2025Price change$1,135,000-3.4%$321/sqft
    Source: CRMLS #PW24230586 Report a problem
    10/17/2025Price change$1,175,000-1.3%$332/sqft
    Source: CRMLS #PW24230586 Report a problem
    10/15/2025Price change$1,190,000-0.8%$337/sqft
    Source: CRMLS #PW24230586 Report a problem
    10/9/2025Listed for sale$1,200,000+713.6%$340/sqft
    Source: CRMLS #PW24230586 Report a problem
    9/11/2025Listed for rent$2,300+9.5%$1/sqft
    Source: CRMLS #PW25214636 Report a problem
    7/11/2019Listing removed$2,100$1/sqft
    Source: Go Section8 Report a problem
    6/8/2019Price change$2,100-4.5%$1/sqft
    Source: Go Section8 Report a problem
    6/3/2019Listed for rent$2,200+10%$1/sqft
    Source: Go Section8 Report a problem
    4/22/2019Listing removed$2,000$1/sqft
    Source: Go Section8 Report a problem
    4/13/2019Price change$2,000-4.8%$1/sqft
    Source: Go Section8 Report a problem
    4/3/2019Price change$2,100+13.5%$1/sqft
    Source: Go Section8 Report a problem
    4/1/2019Listed for rent$1,850$1/sqft
    Source: Go Section8 Report a problem
    2/7/2018Listing removed$1,850$1/sqft
    Source: Go Section8 Report a problem
    1/4/2018Price change$1,850+23.3%$1/sqft
    Source: Go Section8 Report a problem
    12/21/2017Listed for rent$1,500
    Source: Go Section8 Report a problem
    11/30/1995Sold$147,500$42/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,054 +5.2%$248,555 +2%
    2024$3,854 +1.9%$243,682 +2%
    2023$3,782 +6%$238,905 +2%
    2022$3,569 +2.8%$234,221 +2%
    2021$3,471 +0.3%$229,629 +1%
    2020$3,461 $227,276 +2%
    2019$3,461 +4.5%$222,821 +2%
    2018$3,310 $218,453 +2%
    2017$3,310 +1.1%$214,170 +2%
    2016$3,275 +8%$209,971 +1.5%
    2015$3,033 +3.6%$206,818 +2%
    2014$2,927 $202,768 +2.5%
    2012-- $197,895 +2%
    2011-- $194,016 +0.8%
    2010-- $192,567 -0.2%
    2009-- $193,025 +2%
    2008-- $189,241 +3.5%
    2007-- $182,882 +2%
    2006-- $179,297
    2005-- $179,297 +4%
    2004-- $172,337 +1.9%
    2003-- $169,180 +2%
    2002-- $165,864 +4%
    2000-- $159,426
    Find assessor info on the county website

    Neighborhood: Wrigley

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,161,100
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    Estimated market value
    $1,161,100