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1885 Chestnut Ave
Long Beach, CA 90806
Opportunity Zone Location · Multifamily Property For Sale
·
8 Units
Investment Highlights
- Excellent unit mixes are (2) 3 bedrooms/1 bathroom, (5) 2 bedrooms/1 bathroom, and (1) 1 bedroom/1 bathroom.
- 4 of the units are remodeled
- A two (2) bedroom unit will be delivered VACANT & remodeled
Property Facts
| No. Units | 8 | Building Size | 8,000 SF |
| Property Type | Multifamily | Average Occupancy | 62% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1944 |
| Building Class | C | Parking Ratio | 0.61/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R2N, Long Beach - Located in Opportunity Zone | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 62% |
| No. Stories | 2 |
| Year Built | 1944 |
| Parking Ratio | 0.61/1,000 SF |
| Zoning | R2N, Long Beach - Located in Opportunity Zone |
Amenities
Unit Amenities
- Kitchen
- Hardwood Floors
- Refrigerator
- Tub/Shower
Site Amenities
- Laundry Facilities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 3+2 | 2 | - | - |
| 1+1 | 1 | - | - |
Property Taxes
| Parcel Number | 7209-028-007 | Improvements Assessment | $425,310 |
| Land Assessment | $214,341 | Total Assessment | $639,651 |
Property Taxes
Parcel Number
7209-028-007
Land Assessment
$214,341
Improvements Assessment
$425,310
Total Assessment
$639,651
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