2014 Chestnut Av Long Beach, CA 90806

$1,995,000
Long Beach, CA   90806
0 Beds, 0.0 Baths, 0 sq ft, 7,012 sq ft lot, Built in 1928
2014 Chestnut Av, Long Beach, CA 90806 Photo 0
2014 Chestnut Av, Long Beach, CA 90806 Photo 1
2014 Chestnut Av, Long Beach, CA 90806 Photo 2
2014 Chestnut Av, Long Beach, CA 90806 Photo 3
2014 Chestnut Av, Long Beach, CA 90806 Photo 4
2014 Chestnut Av, Long Beach, CA 90806 Photo 5
2014 Chestnut Av, Long Beach, CA 90806 Photo 6
0 Beds,
0.0 Baths,
0 sq ft,
7,012 sq ft lot
Built in 1928

Description

MLS# SB18016084

Rents listed are pro-forma. This 12 unit apartment building features 6, one bedroom 1 bath units, 4 studios 1 bath units, 2 two bedroom 1 bath units, private gated courtyard, laundry room, separately metered gas and electric and professionally managed by third party. Built in 1928, this building is immediately adjacent to the Wrigley Historic area. These rents are significantly below market and for a value added investor can be increased substantially. One unit completely upgraded proves the ability to raise rents. Other units feature some minor improvements. Two story, garden design, attractive architectural design. Walking distance to Wrigley commercial district. Well located in the City of Long Beach which is non-rent controlled. Please e-mail me or text me for complete offering package on this investment property. Please do not walk the property as tenants are unaware of the possible sale. Buyer to cooperate with seller's 1031 exchange. Thank you. Listed by Arnold Ng, Apex Commercial Real Estate.

Description

MLS# SB18016084

Rents listed are pro-forma. This 12 unit apartment building features 6, one bedroom 1 bath units, 4 studios 1 bath units, 2 two bedroom 1 bath units, private gated courtyard, laundry room, separately metered gas and electric and professionally managed by third party. Built in 1928, this building is immediately adjacent to the Wrigley Historic area. These rents are significantly below market and for a value added investor can be increased substantially. One unit completely upgraded proves the ability to raise rents. Other units feature some minor improvements. Two story, garden design, attractive architectural design. Walking distance to Wrigley commercial district. Well located in the City of Long Beach which is non-rent controlled. Please e-mail me or text me for complete offering package on this investment property. Please do not walk the property as tenants are unaware of the possible sale. Buyer to cooperate with seller's 1031 exchange. Thank you. Listed by Arnold Ng, Apex Commercial Real Estate.

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  • Ernie gonzales
    Ernie Gonzales

    NMLS# 1086147

    Direct: (213) 842-5318
    Email: mortgagesbyernie@gmail.com

Area
AREA: 5 - Wrigley Area
COUNTY: LA
Building Info
STORIES: 2
HEATING: Wall Heater, Gravity Heating
LAUNDRY: Community, Individual Room
Exterior Features
SECURITY: Gated Community
LOT: Level with Street, Lot 6500-9999
ROOFING: Asphalt
Community
UNITS TOTAL: 12
STORIES TOTAL: 2
Land
WATER: Public
ZONE: LBR2N
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