2224 Chestnut AVE Long Beach, CA 90806
Active
$1,525,000
5%
4 Units
8 Beds
4 Baths
5,585 Area(sq.ft.)
6,501 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
Unit 1 | 1 | 2 | 1 | No | $ 1,950 | $ 1,950 | $ 2,500 |
Unit 2 | 1 | 2 | 1 | No | $ 2,050 | $ 2,050 | $ 2,500 |
Unit 3 | 1 | 2 | 1 | No | $ 1,700 | $ 1,700 | $ 2,500 |
Unit 4 | 1 | 2 | 1 | No | $ 1,700 | $ 1,700 | $ 2,500 |
4 | 4 | 8 | 4 | $ 7,400 | $ 7,400 | $ 10,000 |
MLS #: | PW24212532MR |
Days On Market: | 33 |
County: | Los Angeles |
Property Type: | Residential Income |
Price per ft2: | $ 273 |
Price per unit: | $ 381,250 |
Year Built: | 1929 |
Property Details
Wonderful opportunity to own a beautiful Spanish style 4-plex in the heart of Wrigley. Four 2 bedroom 1 bath units with 4 garages and each unit offers 1300 sf of living space and individual laundry hook ups. The building has many recent upgrades including new Milgard double-paned windows installed in 2008, updated electrical and exterior LED lights, newer rear fencing. NEW TPO 40 year roof was installed in 2017 and the landscaping was just refreshed this month. Wall heaters in upstairs units and floor furnaces in downstairs units. Beautiful tree lined street in historic Wrigley and great location near shopping, freeways, and parks.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
Rent Control: | Yes |
Total Annual Expense: | $ 10,349 |
Net Operating Income: | $ 78,451 |
Actual Gross Rent: | $ 88,800 |
Structure
Community Features: | Sidewalks |
Style: | Spanish |
Sewer: | Public Sewer |
Water: | Public |
Land & Parking
Zoning: | LBR1N |
Land Lease Type: | Fee |
Interior
Cooking Appliances: | Range |
Equipment: | Gas Dryer Hookup, Inside, Washer Hookup |
Heating: | Floor Furnace, Wall |
Laundry: | Gas Dryer Hookup, Inside, Washer Hookup |
Exterior
Exterior Construction: | Stucco |
Pool: | No |
Roof: | Other |
Detailed Map
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