1430 Chestnut Ave, Long Beach, CA 90813
List Price: $2,169,000
On market
On marketMay 27, 20256,402 sqft12 beds12 baths
Listed by: Jonathan Swire
License #: 01336277
Phone #: 310-948-2631
The Agency
Source:
MLS #: 25543757
Property Description
PRICED TO SELL. 9.4 GRM AND 7.0% CAP against in-place rents with upside to 7.7% CAP. 12 units (all 1+1's) located blocks from downtown Long Beach. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior and all interiors were updated in 2019. No onsite parking. There is an on-site laundry room that is currently not being used. Qualified Buyers can put as little as 25% down. Loan quote provided by David Guevara. Momenta Capital Group. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$30,024
TurboHome Estimated Value
$2,085,300
$326 sqft
High Valuation
$2,189,565
$342/sqft
Normal Valuation
$2,085,300
$326/sqft
Low Valuation
$1,981,035
$309/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $326/sqft | $2,085,300 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
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