811 Chestnut Avenue
811 Chestnut Avenue
$1,000,000
4
4
2,568
2,568
$389
Closed 9/30/22
Description
Completely tenant-ready! Located just outside of
booming Downtown Long Beach, 811 Chestnut Ave is
a well-maintained 4-plex with (4) tenant-ready
1Bed+1Bath units. Once the vacancies are rented
out for market, the property will gross
$6,700/month and operate at a 5.29% CAP and
13.50 GRM. 811 Chestnut Ave is the ideal investment
for any owner/user looking to live in a unit and
have their neighbors pay their mortgage! 811 Chestnut Ave is comprised of (4) 1Bed+1Bath
units, approximately 650 SF each. (1) Unit...Completely tenant-ready! Located just outside of
booming Downtown Long Beach, 811 Chestnut Ave is
a well-maintained 4-plex with (4) tenant-ready
1Bed+1Bath units. Once the vacancies are rented
out for market, the property will gross
$6,700/month and operate at a 5.29% CAP and
13.50 GRM. 811 Chestnut Ave is the ideal investment
for any owner/user looking to live in a unit and
have their neighbors pay their mortgage! 811 Chestnut Ave is comprised of (4) 1Bed+1Bath
units, approximately 650 SF each. (1) Unit has been
completely renovated, featuring new flooring,
appliances, fixtures and windows. The subject property is located just outside the $6
Billion of development flooding into Downtown LB,
including the Long Beach Civic Center, Long Beach
Aquarium, OceanAire Project, CSULB Project, CSULB
Downtown Village, Broadway Block, The Pacific and
Queen Mary Island.
booming Downtown Long Beach, 811 Chestnut Ave is
a well-maintained 4-plex with (4) tenant-ready
1Bed+1Bath units. Once the vacancies are rented
out for market, the property will gross
$6,700/month and operate at a 5.29% CAP and
13.50 GRM. 811 Chestnut Ave is the ideal investment
for any owner/user looking to live in a unit and
have their neighbors pay their mortgage! 811 Chestnut Ave is comprised of (4) 1Bed+1Bath
units, approximately 650 SF each. (1) Unit...Completely tenant-ready! Located just outside of
booming Downtown Long Beach, 811 Chestnut Ave is
a well-maintained 4-plex with (4) tenant-ready
1Bed+1Bath units. Once the vacancies are rented
out for market, the property will gross
$6,700/month and operate at a 5.29% CAP and
13.50 GRM. 811 Chestnut Ave is the ideal investment
for any owner/user looking to live in a unit and
have their neighbors pay their mortgage! 811 Chestnut Ave is comprised of (4) 1Bed+1Bath
units, approximately 650 SF each. (1) Unit has been
completely renovated, featuring new flooring,
appliances, fixtures and windows. The subject property is located just outside the $6
Billion of development flooding into Downtown LB,
including the Long Beach Civic Center, Long Beach
Aquarium, OceanAire Project, CSULB Project, CSULB
Downtown Village, Broadway Block, The Pacific and
Queen Mary Island.
- Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
- Listed by Evelyn Baez Gonzalez • DRE #02103055 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 811 Chestnut Avenue
Parking Spaces Total
0
Private PoolNo
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2568
Assessor Parcel Number7272-015-028
Property Attached YNtrue
Location
LISTING UPDATED: 09/30/2022 06:58 AM
Property Details for 811 Chestnut Avenue
Status | Closed |
---|---|
MLS # | SB22097448 |
Days on Market | 62 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.06 AC / 2,508 SF |
County | Los Angeles County |
Location
Building Information for 811 Chestnut Avenue
Stories2Residences-Year Built1923Building Size-Lot Size0.06 AC / 2,508 SF
Payment Calculator
$6,555 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 811 Chestnut Avenue
Property History for 811 Chestnut Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 811 Chestnut Avenue
Taxable ValueLand$610,000Additions$390,260Total$1,000,260
Tax Record2023$13,177 ($1,098 / month)
Home Facts
Total Finished SqFt2,568 SqFtAbove Grade Finished SqFt2,568 SqFtLot Size2,508 SqFtStyleQuadraplexYear Built1923ZoningLBPD10CountyLOS ANGELESAPN7272-015-028
Schools near 811 Chestnut Avenue
This home is within Long Beach Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Edison Elementary School PublicK to 5 | ||
Washington Middle School Public6 to 8 | ||
Cabrillo High School Public9 to 12 | ||
Renaissance High School For The Arts Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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