CA,US | Buy house at 2024 Chestnut Ave, Long beach, CA 90806, USA | Long Beach, USA | MapFlagged

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📣 Following is the detail of house for sale at 2024 Chestnut Ave, Long beach, CA 90806, USA:

$1,290,000

Just reduced! Large 5 unit building with (3) 3-Bed Units, (1) Large 2-Bed Unit, and (1) 1-bed unit in the excellent neighborhood of South Wrigley. The building is conveniently located less than a mile from the 710 Freeway, less than 2 miles from the 405, and just 2 miles North of the beach. Attractive residential tree-lined street.
The property is priced to sell at 10.86 GRM and a current cap rate of 5.66%. There is approximately 7% upside in income to a market cap rate of 6.3%. It has fresh exterior paint and the electrical system was just updated in September of 2024. There is also a detached garage building off of the back alley that has 4 spots in 3 separate garages. Perfect ADU opportunity.

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⛳ Location of this Property on Google Maps:
https://www.google.com/maps/@33.794052000000,-118.195580000000,13z

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Видео CA,US | Buy house at 2024 Chestnut Ave, Long beach, CA 90806, USA | Long Beach, USA | MapFlagged канала MapFlagged