1471 Chestnut Ave | Long Beach, CA 90813
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- LoopNet Team
1471 Chestnut Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Convenient location in the Washington neighborhood 1 block from Washington Middle School, currently undergoing a massive $176M reconstruction project.
- Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 billion.
- Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway.
- Over 60% of households within 5 miles are renters with an average household income of over $94,000 (CoStar).
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 4,276 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | LBR4N | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,276 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | LBR4N |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 3 | $2,078 | - |
| 2+1 | 2 | $1,957 | - |
PROPERTY TAXES
| Parcel Number | 7269-040-030 | Improvements Assessment | $624,688 |
| Land Assessment | $557,756 | Total Assessment | $1,182,444 |
PROPERTY TAXES
Parcel Number
7269-040-030
Land Assessment
$557,756
Improvements Assessment
$624,688
Total Assessment
$1,182,444
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