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1750 Chestnut AVE Long Beach, CA 90813
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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID IG25068051
Sold Date 06/23/25
HOA Y/N No
Year Built 1937
Lot Size 7,505 Sqft
Property Sub-Type Quadruplex
Property Description
Located in the heart of Long Beach's Washington neighborhood—an established rental market with strong tenant demand—1750 Chestnut Ave presents a unique opportunity to own a well-positioned, income-producing fourplex with excellent functionality and strong cash flow potential. Public records reflect a 5-bedroom, 4-bathroom building, but the property is currently configured as 9 bedrooms and 4 bathrooms across four units, maximizing use of space and rental flexibility.
The existing unit mix includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit is assigned one garage space within a 5-car garage structure located separately from the living units. The property also features a code-access gate for added security and a common laundry room with coin-operated machines, providing additional income.
This is an outstanding opportunity for value-driven investors to acquire a well-located, high-demand asset with strong in-place income and long-term upside. Properties offering this level of flexibility, security, and tenant appeal rarely come to market—don't miss your chance to add a solid performer to your portfolio.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Zoning LBR4N
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Public, Garage Faces Rear
Garage Spaces 5.0
Garage Description 5.0
Fence Security, Wood
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 5
Private Pool No
Building
Lot Description 2-5 Units/Acre
Faces West
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7269036010
Security Features Key Card Entry
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan
Financing Other
Special Listing Condition Standard
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Bought with Martin Robles Century 21 Allstars