GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 2,140,000
$ 2,169,000 1.3%
Est. payment /mo
Sold on 11/13/2025
1430 Chestnut AVE Long Beach, CA 90813
12 Beds
12 Baths
6,402 SqFt
UPDATED:
Key Details
Sold Price $2,140,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 6,402 sqft
Price per Sqft $334
MLS Listing ID 25543757
Sold Date 11/13/25
Bedrooms 12
HOA Y/N No
Year Built 1948
Lot Size 6,773 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4N
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7269041020
Special Listing Condition Standard
Listed by Jonathan Swire The Agency
Bought with Anthony Walker Buckingham Investments, Inc
Bought with Anthony Walker Buckingham Investments, Inc