1430 Chestnut Avenue, Long Beach 90813

$2,140,000

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1

Bed

1

Bath

6,402

Square feet

6,772

Lot Size

12

# Of Units

About 1430 Chestnut Avenue

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.

Features of 1430 Chestnut Avenue

MLS® # 25543757
Price $2,169,000
Sold Price $2,140,000
Bedrooms 1
Bathrooms 1.00
Square Footage 6,402
Lot Sqft 6,772
Acres 0.16
Year Built 1948
Type Residential Income
Status Closed
# Of Units 12

Community Information

Address 1430 Chestnut Avenue
Area 4 - Downtown Area, Alamitos Beach
City Long Beach
County Los Angeles
Zip Code 90813

Amenities

Parking None
Garages None
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
# of Stories 2
Stories Two

Additional Information

Date Listed May 27th, 2025
Date Sold November 13th, 2025
Days on Market 120
Zoning LBR4N
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJonathan Swire
OfficeThe Agency

Listing Map

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