1980 Chestnut Avenue Long Beach, CA $ 1,140,000
1980 Chestnut Avenue
$ 1,140,000
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1980 Chestnut Avenue

Long Beach, CA, 90806
$ 1,140,000
Baths1.0 Sq 3,534

Monthly Estimate*

$ 7,112

Listed by D & D Properties
1980 Chestnut Avenue, Long Beach, CA 90806 - Image 1
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1980 Chestnut Avenue, Long Beach, CA 90806 - Image 18
View a Virtual Tour
Studio

Multi-Family Home for sale in Long Beach, CA

for $1,140,000 with 1 full bath. This 3,534 square foot home was built in 1947 on a lot size of 0.0944.

Price Improvement. Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange. Shows Great, Almost no deferred maintenance.

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Multi-Family Pending

Price

$ 1,140,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0944

Year Built

1947

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

PW24230586

Days on Market

415

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling None
Possession Close Plus 3 Days
Roof Composition
Zoning LBR2N
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1947
Tenant Pays Electricity Gas
Property Subtype Apartment
Gross Income 90000
Community Features Urban
County Los Angeles
Net Operating Income 91000
Operating Expense 4000
Insurance Expense 1
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Wrigley Area (WR)
Garage Y/N false
Special Listing Conditions Trust
Status Pending
Directions Magnolia Ave and 20th Street
City Long Beach
Entry Location 1
Senior Community Y/N false
Number Of Units Total 4
MLS Area 5 - Wrigley Area
Lot Size Units Square Feet
Lot Size Square Feet 4114
Listing Terms Cash to New Loan Conventional FHA Fannie Mae
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 420
Current Financing Conventional
Fuel Expense 960
Property Condition Repairs Cosmetic
Trash Expense 300
Water Sewer Expense 1440
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Assessor
Tax Lot 3
Total Actual Rent 8098
Property Sub Type Additional Apartment
Cap Rate 6
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Interior
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
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Exterior
Fencing Chain Link
Parking Features None
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 4114
Number of Buildings 1
Building Area Total 3534
Lot Size Acres 0.0944
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 4
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* Excluded Features
List By
D & D Properties

Broker

derricklcoleman@yahoo.com

Email

Affordability Calculator

$7,112
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,112
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2025$1,140,000 0.44% Price Up
11/20/2025$1,135,000 Listed Price

Map


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1980 Chestnut Avenue, Long Beach, CA, 90806 is a Multi-Family Home for sale at $1,140,000 with 3,534 sqft and a lot size of 0.0944. 1980 Chestnut Avenue is a studio with 1.0 baths and was built in 1947. The property's zip code is 90806 which is in Long Beach, CA