Long Beach, CA 90813 1750 Chestnut Avenue
$1,150,000
23 more
Presented By: Ty Youngblood with Keller Williams Realty; 951-751-1994
Beds • 9
Baths • 4
SQFT • 2,927
Garage • 5
Year Built • 1937
Home Details
Located in the heart of Long Beach’s Washington neighborhood—an established rental market with strong tenant demand—1750 Chestnut Ave presents a unique opportunity to own a well-positioned, income-producing fourplex with excellent functionality and strong cash flow potential. Public records reflect a 5-bedroom, 4-bathroom building, but the property is currently configured as 9 bedrooms and 4 bathrooms across four units, maximizing use of space and rental flexibility.
The existing unit mix includes three 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. Each unit is assigned one garage space within a 5-car garage structure located separately from the living units. The property also features a code-access gate for added security and a common laundry room with coin-operated machines, providing additional income.
This is an outstanding opportunity for value-driven investors to acquire a well-located, high-demand asset with strong in-place income and long-term upside. Properties offering this level of flexibility, security, and tenant appeal rarely come to market—don’t miss your chance to add a solid performer to your portfolio.
Presented By: Ty Youngblood with Keller Williams Realty; 951-751-1994
Interior Features for 1750 Chestnut Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsOneCommonWall, NoOneAbove
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 1750 Chestnut Avenue
Additional Parcels Y/NNo
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.87
Carport Y/NNo
CityLong Beach
Community FeaturesStormDrains, StreetLights, Sidewalks
CountyLos Angeles
Current FinancingConventional
DirectionsFrom the 710 Freeway, exit at Pacific Coast Highway, head east, then turn right on Chestnut Avenue — property is on the left!
Electric On Property Y/NNo
Entry LocationFront Gate
Facing DirectionWest
Garage Spaces5.0
Garage Y/NYes
Gross Income1200.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense3800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, Exchange1031, FHA, FannieMae, FreddieMac, GovernmentLoan
Lot Size Square Feet7504.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income72187.9
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense25756.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesKeyCardEntry
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision NameDowntown (DT)
Tax Lot12
Tenant PaysAllUtilities, CableTv, Electricity, Gas
Total Actual Rent8062.0
Trash Expense2073.0
ViewNone
Virtual TourClick here
Water Sewer Expense1781.0
Waterfront Y/NNo
Year Built1937
Year Built SourceAssessor
ZoningLBR4N
Exterior for 1750 Chestnut Avenue
Building Area Total2927.0
Crops Included Y/NNo
FencingSecurity, Wood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1723
Lot Size Area7504.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesPublic, GarageFacesRear
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking5.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,150,000
MLS#IG25068051
List Date
03/28/2025
Property Type
Multi-Family
Phone
(562) 537-4182
