Long Beach, CA 90813 1711 Chestnut Avenue
$2,700,000
3 more
Presented By: Julieanne Lam Phan with Phan Property Management; 714-655-1434
Beds • 22
Baths • 11
SQFT • 7,497
Year Built • 1987
Home Details
This charming 11-unit apartment building, constructed in 1987, is now available for sale! Boasting a spacious layout and featuring 1 unit of (1bed/1 ba) and 10 (2bed/2ba). With 18 convenient underground parking spaces and newer vinyl windows, residents can enjoy comfort and convenience. What sets this property apart is its loyal and long-term residents, with tenancies ranging from 10 to 20 years. This demonstrates the strong sense of community and satisfaction that this building offers. Perfect opportunity for investor looking for income generating property.
Presented By: Julieanne Lam Phan with Phan Property Management; 714-655-1434
Interior Features for 1711 Chestnut Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories3
Other Rooms
Entry Level1
General for 1711 Chestnut Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLong Beach
Community FeaturesUrban
CountyLos Angeles
DirectionsFrom 405 fwy, north take 710 South, Exit PCH, Right on Chestnut
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income206700.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToExistingLoan, Conventional
Lot Size Square Feet7506.0
Lot Size UnitsSquareFeet
MLS Area11 - Westside
MobileHomeRemainsYNNo
Net Operating Income144774.0
New ConstructionNo
Number Of Units Total11
Operating Expense61926.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameWestside/South of Willow (WSW)
Tax Lot18
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1987
Year Built SourceAssessor
ZoningLBR4N
Exterior for 1711 Chestnut Avenue
Building Area Total7497.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1723
Lot Size Area7506.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesOneSpace
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$2,700,000
MLS#OC25085102
List Date
04/17/2025
Property Type
Multi-Family
Phone
(562) 537-4182
