2175 Chestnut Active

Long Beach,CA 90806

$ 2600000

- Bed

0 Bath

8154 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,154 sqft

Price per Sqft $318

MLS Listing ID CRPW25248922

Year Built 1929

Lot Size 6,534 Sqft

Property Sub-Type Other

Property Description

We are pleased to present 2175 Chestnut Avenue, located in Long Beach, California. This 2-story, 14-unit multifamily building was originally built in 1929 and represents an excellent value-add opportunity in the desirable South Wrigley neighborhood of Long Beach. The total building area is approximately 8,154 square feet, situated on a 6,470 square-foot parcel. The unit mix consists of fourteen (14) large studio units averaging ±585 square feet each. The property features new electric sub-panels and is separately metered for gas and electricity, helping to keep operating expenses low. There are also four parking spaces in the rear, which can generate additional income.

Location

State CA

County Los Angeles

Interior

Laundry No Hookups

Building

New Construction No

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