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2619 Chestnut Avenue

Long Beach, CA 90806
  • $3,200,000
  • STATUS: ACTIVE
  • ON SITE: 15 Days
  • ID#: NP24213687
UPDATED: 30 min ago
$3,200,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to 2619 Chestnut Avenue, an Exquisite Investment Opportunity in Long Beachs Coveted Wrigley Neighborhood. This impeccably maintained nine-unit property, located just north of Willow Avenue, offers an unparalleled blend of elegance and sophistication. Each unit has been masterfully upgraded, boasting high-end finishes, modern fixtures, and thoughtful enhancements, all without a trace of deferred maintenanceensuring a seamless, worry-free ownership experience. Since 2016, this premier property has undergone extensive renovations, elevating it to a true gem within the Wrigley area. Every detail, from the luxury flooring to the designer-inspired touches, reflects exceptional craftsmanship and an uncompromising standard of quality. At approximately $470 per square foot, this property represents not only tremendous value but also a rare opportunity to invest in luxury living in an unbeatable location. Beyond its immediate financial strength, 2619 Chestnut Avenue presents an exciting growth potential. With the opportunity to increase current rents and explore the addition of Accessory Dwelling Units (ADUs), this investment offers untapped possibilities for future expansion and enhanced returns. Offers are welcomed that reflect the true prestige of this remarkable asset. This is more than just a propertyits an exceptional investment in one of Long Beachs finest residential enclaves, combining modern luxury with long-term growth potential for the astute investor. Welcome to 2619 Chestnut Avenue, an Exquisite Investment Opportunity in Long Beachs Coveted Wrigley Neighborhood. This impeccably maintained nine-unit property, located just north of Willow Avenue, offers an unparalleled blend of elegance and sophistication. Each unit has been masterfully upgraded, boasting high-end finishes, modern fixtures, and thoughtful enhancements, all without a trace of deferred maintenanceensuring a seamless, worry-free ownership experience. Since 2016, this premier property has undergone extensive renovations, elevating it to a true gem within the Wrigley area. Every detail, from the luxury flooring to the designer-inspired touches, reflects exceptional craftsmanship and an uncompromising standard of quality. At approximately $470 per square foot, this property represents not only tremendous value but also a rare opportunity to invest in luxury living in an unbeatable location. Beyond its immediate financial strength, 2619 Chestnut Avenue presents an exciting growth potential. With the opportunity to increase current rents and explore the addition of Accessory Dwelling Units (ADUs), this investment offers untapped possibilities for future expansion and enhanced returns. Offers are welcomed that reflect the true prestige of this remarkable asset. This is more than just a propertyits an exceptional investment in one of Long Beachs finest residential enclaves, combining modern luxury with long-term growth potential for the astute investor.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/156797986
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2619 Chestnut Avenue Long Beach, CA 90806

  • Price: $3,200,000
  • Status: ACTIVE
  • On Site: 15 Days
  • Updated: 30 min ago
  • ID#: NP24213687
4
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Long Beach (90806)
County:
Los Angeles
Area:
Long Beach (90806)
Property Description
Welcome to 2619 Chestnut Avenue, an Exquisite Investment Opportunity in Long Beachs Coveted Wrigley Neighborhood. This impeccably maintained nine-unit property, located just north of Willow Avenue, offers an unparalleled blend of elegance and sophistication. Each unit has been masterfully upgraded, boasting high-end finishes, modern fixtures, and thoughtful enhancements, all without a trace of deferred maintenanceensuring a seamless, worry-free ownership experience. Since 2016, this premier property has undergone extensive renovations, elevating it to a true gem within the Wrigley area. Every detail, from the luxury flooring to the designer-inspired touches, reflects exceptional craftsmanship and an uncompromising standard of quality. At approximately $470 per square foot, this property represents not only tremendous value but also a rare opportunity to invest in luxury living in an unbeatable location. Beyond its immediate financial strength, 2619 Chestnut Avenue presents an exciting growth potential. With the opportunity to increase current rents and explore the addition of Accessory Dwelling Units (ADUs), this investment offers untapped possibilities for future expansion and enhanced returns. Offers are welcomed that reflect the true prestige of this remarkable asset. This is more than just a propertyits an exceptional investment in one of Long Beachs finest residential enclaves, combining modern luxury with long-term growth potential for the astute investor. Welcome to 2619 Chestnut Avenue, an Exquisite Investment Opportunity in Long Beachs Coveted Wrigley Neighborhood. This impeccably maintained nine-unit property, located just north of Willow Avenue, offers an unparalleled blend of elegance and sophistication. Each unit has been masterfully upgraded, boasting high-end finishes, modern fixtures, and thoughtful enhancements, all without a trace of deferred maintenanceensuring a seamless, worry-free ownership experience. Since 2016, this premier property has undergone extensive renovations, elevating it to a true gem within the Wrigley area. Every detail, from the luxury flooring to the designer-inspired touches, reflects exceptional craftsmanship and an uncompromising standard of quality. At approximately $470 per square foot, this property represents not only tremendous value but also a rare opportunity to invest in luxury living in an unbeatable location. Beyond its immediate financial strength, 2619 Chestnut Avenue presents an exciting growth potential. With the opportunity to increase current rents and explore the addition of Accessory Dwelling Units (ADUs), this investment offers untapped possibilities for future expansion and enhanced returns. Offers are welcomed that reflect the true prestige of this remarkable asset. This is more than just a propertyits an exceptional investment in one of Long Beachs finest residential enclaves, combining modern luxury with long-term growth potential for the astute investor.
Exterior Features

Pool N/K Roof Other/Remarks Site CurbsSidewalks Spa N/K

Interior Features

Cooling Central Forced Air Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Range Oven 9 Units With Refrigerators 9 Units With Washers 9

Property Features

Annual Expense Actual 7700 Buildings 1 Cfd Mello Roos Fee 1695.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 198000 Home Owners Fees 0.0 Monthly Total Fees 141 Tenant Pays SewerCable TVElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1950.0 Unit2 Rent Actual 1650.0 Unit3 Rent Actual 1950.0 Unit4 Rent Actual 1500.0 Zoning Estimated

San Diego MLS logo Listing provided courtesy of Brian Fox of Keller Williams Legacy: 714-348-1085. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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