1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
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1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
1430 Chestnut Ave
Sold

1430 Chestnut Ave

1430 Chestnut Ave, Long Beach, CA 90813

$2,140,000
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.

12
beds

12
baths

6,402 Sq.Ft. LIVING AREA

6,772 Sq.Ft. lot


Features & Amenities

Interior

  • total bedrooms12
  • Total bathrooms12
  • APPLIANCES None

Area & Lot

  • Status Sold
  • Living Area6,402 Sq.Ft.
  • Lot Area6,772 Sq.Ft.
  • MLS® ID25543757
  • TypeMulti-Family
  • YEAR BUILT1948

Exterior

  • STORIES2
  • parkingNone
  • HEAT TYPEWall
  • AIR CONDITIONINGNone

Financial

  • Sales Price$2,140,000
  • Zoning LBR4N

Work With Gina

Gina prides herself on her tenacity, and yet her negotiating style is based on communication and understanding, so that she is always able to collaborate with buyers, sellers, and fellow agents to achieve her client’s ultimate goals.

Let's Connect

Contact Details

Gina Martino

Phone

424.230.3759

Email

[email protected]

Address

331 N Foothill Road Beverly Hills, CA 90210 CA DRE# 01042370 UMRO Realty Corp. | CA DRE# 01904054 

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