Stacey Alysson Melman

1885 Chestnut AV Long Beach CA 90806 MLS #PW26088839

1885 Chestnut AV
Long Beach, CA, 90806
$1,725,000
Beds
0 Baths
0 SqFt
0.17 Acres
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MLS #PW26088839 image #0
Amazing prime investment opportunity at 1885 Chestnut Ave, located in an OPPORTUNITY ZONE. Well-maintained in a high demand rental area. This 8-unit updated complex has excellent unit mixes of (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom. Five (5) units have been tastefully remodeled in past 2 years with a NEWER roof and newer water heater. Newer sewer line under the structure and currently getting new electrical work done. Has great potential rental upside, Gross annualize rent is $198,000 per year. There’s 4 individual garages, laundry room, & spacious courtyard.
AGENT: Branden Chhuor
LISTING BROKERAGE: Compass
1885 Chestnut AV
Long Beach, CA

Property Details

Price:
$1,725,000
MLS #:
PW26088839
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Wrigley Area WR
Neighborhood:
5wrigleyarea
Listed Date:
Apr 24, 2026
Total Sq Ft:
6,523
Lot Size:
7,487 sqft / 0.17 acres (approx)
Year Built:
1944
Traditional5 – Wrigley Area5wrigleyareaWrigley Area WrNone
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Schools

Interior

Appliances
GO
Cooling
NO
Flooring
LAM, VINY
Heating
CF
Interior Features
CF
Laundry Features
AR, CM
Levels
U

Exterior

Accessibility Features
NO
Architectural Style
TRD
Common Walls
NCW
Community Features
SDW
Construction Materials
DWAL
Direction Faces
E
Fencing
BW
Garage Spaces
4
Parking Spots
4
Parking Total
4
Roof
SHN
Security Features
WB
Spa Features
NO
View
NO
Window Features
DPW

Financial

Net Operating Income
$137,709

Map

Community

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