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Off market
  • $1,124,200

    2515 Chestnut Ave, Long Beach, CA 90806

    4beds
    0baths
    2,871sqft
    MultiFamily
    Built in 1927
    -- sqft lot
    $1,124,200 Zestimate®
    $392/sqft
    $2,498 Estimated rent

    Home value

    $1,124,200

    $1.03M - $1.21M

    $2,498/mo

    Zestimate® history
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    $7,116/mo

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    $7,116/mo

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    What's special

    This is a nice triplex with lots of potential in a good area. Rents are substantially lower than market. It is located in a quiet residential neighborhood just a block north of an elementary school and 2 blocks west of the thriving business district on Pacific Ave. Unit 2515 Chestnut is the front 2 bedroom, 1 bath house with lots of potential. Unit 2517 Chestnut is a 1 bedroom + 1 bath unit that is smaller than the upstairs unit, as it shares the ground floor with 3 one car garages. 2519 Chestnut is also a 1 bedroom,1 bath larger unit as it is above the 2517 unit and 3 garages. The pictures are of the 2519 Chestnut unit. There is access to the garages on the alley behind the property. All 3 units share a nice quiet yard between the front and back units. Showing will be with accepted offers only. We will provide an inspectors report to potential buyers with the understanding that the report is paid for and with liable only to the seller. However, it will be a good indication of condition. Offers to be finalized 8/11/18. Your buyers can live in the front house and have the back 1 bedrooms help pay the mortgage. Or fix up, raise the rents, and enjoy the cash flow on all 3 units! Great opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 0
    Appliances
    • Laundry: Individual Room, Washer Hookup, Electric Dryer Hookup
    Features
    • Tile Counters
    • Flooring: Carpet, Hardwood
    • Common walls with other units/homes: 1 common wall
    Interior area
    • Total interior livable area: 2,871 sqft

    Property

    Features
    • Fencing: Block
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,662 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 7205002021
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Fixer
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Long Beach

    Other

    Other facts
    • CommonWalls: 1 common wall
    • CommunityFeatures: Curbs, Sidewalks
    • CommunityFeatures: Storm Drains
    • PropertyType: Residential Income
    • SpecialListingConditions: Standard
    • LotFeatures: 0-1 Unit/Acre
    • PreviousStandardStatus: Active
    • Heating: Wall Heater
    • LaundryFeatures: Individual Room, Washer Hookup, Electric Dryer Hookup
    • ParkingFeatures: Assigned
    • PropertyCondition: Fixer
    • InteriorFeatures: Tile Counters
    • MLSAreaMajor: 5 - Wrigley Area
    • BuildingAreaUnits: Square Feet
    • ElevationUnits: Feet
    • LotSizeSource: Assessor
    • WaterSource: Public
    • RoadFrontageType: City Street
    • Fencing: Block
    • TaxTractNumber: 5731
    • ParcelNumber: 7205002021
    • Sewer: Public Sewer
    • Roof: Other
    • StandardStatus: Pending

    Price history

    DateEventPrice
    3/5/2019Sold$780,000-2.4%$272/sqft
    Source: Public Record Report a problem
    2/1/2019Pending sale$799,000$278/sqft
    Source: RE/MAX College Park Realty #RS18172365 Report a problem
    2/1/2019Listed for sale$799,000+8%$278/sqft
    Source: RE/MAX College Park Realty #RS18172365 Report a problem
    10/2/2018Listing removed$740,000$258/sqft
    Source: RE/MAX COLLEGE PARK REALTY #RS18172365 Report a problem
    9/11/2018Pending sale$740,000$258/sqft
    Source: RE/MAX College Park Realty #RS18172365 Report a problem
    8/26/2018Listed for sale$740,000$258/sqft
    Source: RE/MAX College Park Realty #RS18172365 Report a problem
    8/15/2018Pending sale$740,000$258/sqft
    Source: RE/MAX College Park Realty #RS18172365 Report a problem
    7/25/2018Listed for sale$740,000$258/sqft
    Source: RE/MAX College Park Realty #RS18172365 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,704 +4.5%$870,099 +2%
    2024$11,195 +1.7%$853,039 +2%
    2023$11,005 +6.5%$836,314 +2%
    2022$10,333 +2.1%$819,917 +2%
    2021$10,120 +0.3%$803,841 +1%
    2020$10,092 $795,600 +377.9%
    2019$10,092 +302.9%$166,468 +2%
    2018$2,505 $163,205 +2%
    2017$2,505 +1.1%$160,006 +2%
    2016$2,479 +8%$156,869 +1.5%
    2015$2,295 +3.5%$154,514 +2%
    2014$2,217 $151,488 +2.5%
    2012-- $147,849 +2%
    2011-- $144,951 +0.8%
    2010-- $143,869 -0.2%
    2009-- $144,212 +2%
    2008-- $141,385 +4%
    2006-- $135,896
    2005-- $135,896 +4%
    2004-- $130,621 +3.9%
    2002-- $125,714 +4%
    2000-- $120,834

    Find assessor info on the county website

    Neighborhood: Wrigley

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,124,200
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    Estimated market value
    $1,124,200