1430 Chestnut AVE new Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90813
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,402 sqft
Price per Sqft $355
MLS Listing ID 25543757
Bedrooms 12
Year Built 1948
Lot Size 6,773 Sqft
Property Description
PRICED TO SELL. Under 10X GRM with upside to a 7.3% 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 30% 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
Exterior
Parking Features None
Building
Story 2
New Construction No
Others
Special Listing Condition Standard