This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.com.

718 Chestnut Ave
Long Beach, CA 90813
Multifamily Property For Sale · 17 Units

INVESTMENT HIGHLIGHTS

  • Turnkey Property with Updated Systems
  • May be purchased individually or combined with other Affordable deals at 1228 Raymond Avenue and/or 908 Martin Luther King Blvd.
  • 5.32% Cap Rate / 11.64 GRM on Current Rents

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 9,324 SF
No. Stories 2
Year Built 1923
Zoning PD10 - restricted Density Multiple Dwelling

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Microwave
  • Security System
  • Tile Floors
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Framed Mirrors
  • Lawn
  • Smoke Free

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Private Bathroom
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - 400
1+1 7 - 500
1+2 1 - 500
2+2 1 - 600

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7272-019-013
Land Assessment
$883,355
Improvements Assessment
$378,577
Total Assessment
$1,261,932
  • Listing ID: 33617180

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 718 Chestnut Ave, Long Beach, CA 90813

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}