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Rose O'Reilly-Sievers

realtorrosesandiego@gmail.com +1(858) 472-3975

$ 1,350,000

Est. payment | -/mo

9 Beds

4 Baths

7,505 Sqft Lot

Save

$ 1,350,000

Est. payment | -/mo

Save

9 Beds

4 Baths

7,505 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Wrigley Area (Wr)

MLS Listing ID SB26242198

Bedrooms 9

Lot Size 7,505 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Simple, easy-to-own investment property with a great unit mix of (3) 2 bed/1 bath and (1) 3 bed/1 bath. Each unit nicely sized with the building totaling 4,028 sqft overall. Offered at a 12.68 GRM and 4.7% cap rate on current rents, which are at or near market. Updated electrical, most windows replaced, and all units separately metered. Large 7,500 sqft lot with a central courtyard and 4 single-car garages with ADU potential. Just 8 blocks north of Downtown Long Beach and its $8B+ in new development, with the Metro A Line (Blue Line), PCH and the 710 Fwy a few blocks away for easy access to the waterfront, Port and LA.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction From the 710 head East on PCH, turn right on Chestnut Ave, property will be on your left.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7269039005

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

Listed by Kristen Mussenden, DRE#02096276 Buckingham Investments, Inc
Co-listed byMatthew Mahowald • Buckingham Investments, Inc

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 472-3975

realtorrosesandiego@gmail.com

Learn More About LPT Realty

1620 Chestnut Long Beach, CA 90813