1471 Chestnut Avenue

    Long Beach, CA 90813
    • $1,095,000
    • STATUS: Active
    • ON SITE: 131 days
    • ID#: PW18183556
    UPDATED: 40 min ago
    $1,095,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,276
      SQFT
    • $256
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    This large 4 unit plus 1 non-conforming, apartment complex, has three 2 bed, 1.5 bath apartments and two 2 bed, 1 bath apartments. All units have laminate wood flooring, newer windows. There are 5 garages off the alley, divided between all 5 units. Common area and a basement laundry room. Property is gated front and back for privacy/security. New wrought iron fences install a year ago. 4 apartments in the front building and 1 apartment over the garages at the rear of the property. Front downstairs units have floor heaters and the other units have wall heaters.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T19:30:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/86133398

    1471 Chestnut Avenue Long Beach, CA 90813

    • Price: $1,095,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: PW18183556
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    4,276
    SQFT
    $256
    $/SQFT
    1925
    Built
    Neighborhood:
    Other (Othr)
    County:
    Los Angeles
    Area:
    4 - Downtown Area, Alamitos Beach
    Property Description
    This large 4 unit plus 1 non-conforming, apartment complex, has three 2 bed, 1.5 bath apartments and two 2 bed, 1 bath apartments. All units have laminate wood flooring, newer windows. There are 5 garages off the alley, divided between all 5 units. Common area and a basement laundry room. Property is gated front and back for privacy/security. New wrought iron fences install a year ago. 4 apartments in the front building and 1 apartment over the garages at the rear of the property. Front downstairs units have floor heaters and the other units have wall heaters.
    Exterior Features

    Garage Spaces 5.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features CommunityIndividual Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet LightingSuburban Country Us Electric Expense 960.00 Elevation Units Feet Fuel Expense 780.00 Gross Income 79020.00 Gross Scheduled Income 79020.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Net Operating Income 58940.00 New Construction YN No New Taxes Expense 14000.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 20080.00 Rent Control YN No Senior Community YN No Sewer Sewer Paid Special Listing Conditions Standard Subdivision Name Other Unknown Tenant Pays ElectricityGasTrash Collection Total Expenses 20080.00 Trash Expense 180.00 Water Sewer Expense 2160.00 Water Source Public Year Built Source Assessor Zoning Lbr4n

    Listing provided courtesy of Nicholas Cotton of Keller Williams Pacific Estate and Cheryl Cotton of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T19:30:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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