2175 Chestnut, Long Beach, CA, US, 90806
2175 Chestnut, Long Beach, CA, US, 90806Basics
- Date added: Added 4か月 ago
- Category: ResidentialIncome
- Type: Apartment
- Status: Active
- Floors: 2, 2
- Lot size: 6534, 0.15 sq ft
- Year built: 1929
- Subdivision Name: South Wrigley
- County: Los Angeles
- MLS ID: PW25248922
Description
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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.
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Location
- Directions: Chestnut Ave & W. Hill St.
- Lot Size Acres: 0.15 acres
Building Details
- Water Source: Public
- Lot Features: ElevenToFifteenUnitsAcre
- Sewer: PublicSewer
- Building Area Units: SquareFeet
- Common Walls: OneCommonWall
- Garage Spaces: 5
- Levels: Two
- Number Of Buildings: 1
Amenities & Features
- Pool Features: None
- Parking Total: 5
- Laundry Features: None
Expenses, Fees & Taxes
- Trash Expense: $3,674
- New Taxes Expense: $31,070
- Maintenance Expense: $2,580
- Other Expense: $1,828
- Electric Expense: $3,674
- Fuel Expense: $3,674
- Insurance Expense: $10,066
- Water Sewer Expense: $3,674
Miscellaneous
- List Office Name: Marcus & Millichap
- Listing Terms: Cash,CashToNewLoan,Exchange1031
- Common Interest: CommunityApartment
- Community Features: Biking,Curbs,Sidewalks
- Attribution Contact: kking@marcusmillichap.com
