Long Beach, CA 90813,1471 Chestnut AVE

$715,000

$725,000

1.4%
Est.Price: ?

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Est. payment /mo

4,748 Sqft Lot


SOLD DATE : 07/28/2014

Key Details

Sold Price $715,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision ,Unknown

MLS Listing ID SB14079587

Sold Date 07/28/14

HOA Y/N No

Year Built 1925

Lot Size 4,748 Sqft

Property Description

This 4-unit (+1 Non-Conforming) investment offering is priced to sell at $145,000/unit for turn-key Long Beach product! The subject property is 4,200+ Sqft and sits on a Large 4,768 sq. ft. lot! This building is not subject to rent control and is located below Pacific Coast Highway and just east of the 710 FWY. All of the units are currently occupied and there are 5 individual garage spaces. Please see attached set up sheet for actual rents and unit mix. With interest rates at historic lows this investment property will not last long!

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Interior

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story Two

Entry Level Two

Sewer Unknown

Water Public

Level or Stories Two

Others

Tax ID 7269040030

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Brett Lyon • Keller Williams Beach Cities
Bought with Nicholas Cotton • Keller Williams Pacific Estat
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