Listing provided courtesy of Jonathan Swire of The Agency. Last updated 2025-06-15 08:11:30.000000. Listing information © 2024 Sandicor.
Asking Price: $2,270,000 |
1430 Chestnut, Long Beach CA 90813
Community: 4 - Downtown Area, Alamitos Beach
This property was built in 1948 and is priced at $2,270,000. Please see the additional details below.
PRICED TO SELL. Under 10X GRM with upside to a 7.3% CAP. 12 units (all 1+1's) located blocks from downtown Long Beach. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior and all interiors were updated in 2019. No onsite parking. There is an on-site laundry room that is currently not being used. Qualified Buyers can put as little as 30% down. Loan quote provided by David Guevara. Momenta Capital Group. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.