Eight-Unit Apartment
1885 Chestnut Ave Long Beach, CA 90806
1885 Chestnut Ave, Long Beach, CA, 90806
Contact for pricing
For Sale
Contact for pricing
Pending
Well-managed eight-unit complex with month-to-month leases, onsite laundry, and a rear four-car garage accessed from an alley.
Lot Size0.17 Acres
Days on Market103
Property Features for 1885 Chestnut Ave
General Information
- Standard status
- Pending
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Listing agency
Compass
Listed by
Branden Chhuor · License #01948722
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 1:21AM Checked: Jul 21 at 1:21AM
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Investment Insights
Based on property information with market context.
This eight-unit apartment building offers a unit mix of (2) three-bedroom/one-bath, (5) two-bedroom/one-bath, and (1) one-bedroom/one-bath. The property includes onsite community laundry facilities and has undergone remodeling across the units. A new roof was installed last year in one of the buildings, and a two-bedroom unit is planned to be delivered vacant and remodeled.
The rear of the property features a four-car garage with access to an alley exit. The space is described as potentially convertible to ADUs, subject to applicable approvals.
Current tenants are on month-to-month leases and, per the seller, consistently meet their obligations.
The rear of the property features a four-car garage with access to an alley exit. The space is described as potentially convertible to ADUs, subject to applicable approvals.
Current tenants are on month-to-month leases and, per the seller, consistently meet their obligations.
Key Highlights
- 8‑unit apartment complex in an Opportunity Zone location with 17 bedrooms and 8 bathrooms
- Unit mix: (2) 3BD/1BA, (5) 2BD/1BA, and (1) 1BD/1BA
- Onsite community laundry room for residents
Property Analytics
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FAQs
What type of property is this?
Apartment building - Well-managed eight-unit complex with month-to-month leases, onsite laundry, and a rear four-car garage accessed from an alley.
Where is this apartment building located?
The property is located at 1885 Chestnut Ave Long Beach, CA.
What are key features of this property?
This property features: 8‑unit apartment complex in an Opportunity Zone location with 17 bedrooms and 8 bathrooms; Unit mix: (2) 3BD/1BA, (5) 2BD/1BA, and (1) 1BD/1BA; Onsite community laundry room for residents
