About 1885 Chestnut Avenue
Amazing prime investment opportunity. Well-maintained in a high demand rental area. Tastefully remodeled in past 2 years with a NEWER roof and newer water heater. Newer sewer line under the structure and currently getting new electrical work done. Has great potential rental upside, Gross annualize rent is $198,000 per year. There’s 4 individual garages, laundry room, & spacious courtyard.
Features of 1885 Chestnut Avenue
| MLS® # | PW26088839 |
|---|---|
| Price | $1,725,000 |
| Sold Price | $1,700,000 |
| Bedrooms | 17 |
| Bathrooms | 8.00 |
| Lot Sqft | 7,487 |
| Acres | 0.17 |
| Year Built | 1944 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Style | Traditional |
| Status | Closed |
| # Of Units | 8 |
Community Information
| Address | 1885 Chestnut Avenue |
|---|---|
| Area | 5 - Wrigley Area |
| Subdivision | Wrigley Area (WR) |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90806 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Overhead Utilities |
|---|---|
| Parking Spaces | 4 |
| Parking | Garage |
| # of Garages | 4 |
| Garages | Garage |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate, Vinyl |
|---|---|
| Interior Features | Ceiling Fan(s), All Bedrooms Up, All Bedrooms Down |
| Appliances | Gas Oven |
| Heating | Central |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Drywall |
|---|---|
| Lot Description | SixToTenUnitsAcre |
| Windows | Double Pane Windows |
| Roof | Shingle |
| Construction | Drywall |
| Foundation | Slab |
Additional Information
| Date Listed | April 23rd, 2026 |
|---|---|
| Date Sold | June 30th, 2026 |
| Days on Market | 3 |
| Zoning | LBR2N |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Branden Chhuor |
|---|---|
| Office | Compass |