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Sold on 06/12/2017
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1731 Chestnut Ave, Long Beach, CA 90813

  • $1,187,500

    Last sold 06/12/2017 after 111 Days

  • —

    bed

  • 4

    bath

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About 1731 Chestnut Ave

Property type House
Neighborhood
Year built 1923
HOA fee $0/month
Lot size 7,503 Sqft
Rental estimate
Property description
The property is comprised of twelve (12) studio units along with 4 garages in the alley. Each unit is approximately 325 square feet with a kitchen, bathroom and living area. All of the tenants are on month to month leases.Current rents are 30% below market at $850 projected. Apartment #4 @ $300 is the current manager that takescare the management. All of the tenants are cash pay, there are no section 8 tenants in this propertycurrently. The property is master metered for electric, gas, water. The current
Listed by
Listing Agent - Ryan
Listing Office - BRC Advisors
Source: San Diego MLS mls logo
MLS#17204152 • last updated 6 years ago
Movoto checked San Diego MLS for data 3 minutes ago
Overview
Cooling/AC Other/Remarks
Levels/Style 0
Status SOLD
SubType Res Income 2-4 Units
MLS # 17204152
Lot Size (SqFt) 7503
Year Built 1923
Interior
Location
County Los Angeles
APN 7269037028
Zoning LBR4N
Directions 1/2 Blk. South Of PCH Between Magnolia Ave. And Pacific Ave.
Multifamily Details
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 1
Unit 4: # Total Baths 1
Unit 2: Actual Rent 650
Unit 3: Actual Rent 650
Unit 4: Actual Rent 300
Total # of Units 12
Gross Rent Multiplier (Actual) 13.4
Rental est.: $1,340/month
Gross rent multiplier: 73.9
  • May 2018
    Public Records
  • May 15, 2018 Sold
    $1,450,000 (-3.3%)
  • Feb 2018
    mls logo MLS # SB17150402
  • Feb 28, 2018 Price Change
    $1,500,000 (-3.2%)
  • Oct 9, 2017 Price Change
    $1,550,000 (-3.1%)
  • Sep 10, 2017 Listed
    $1,600,000 (+34.8%)
  • Jun 2017
    Public Records
  • Jun 12, 2017 Sold
    $1,187,000
  • Jun 2017
    mls logo MLS # 17204152
  • Jun 12, 2017 Sold
    $1,187,500
  • Jun 12, 2017 Sold
    $1,187,500 (-5.0%)
  • May 31, 2017 Active
    —
  • Feb 21, 2017 Listed
    $1,250,000
  • Feb 21, 2017 Listed
    $1,250,000
  • 1731 Chestnut Ave
    $1.18M
  • Washington School
    $685K +82% y/y
  • 90813
    $550K +10% y/y
  • Long Beach
    $699K -3% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1735 Chestnut Ave, Long Beach, CA 90813 $649,000 3/1 1,026 0.01
1739 Chestnut Ave, Long Beach, CA 90813 $582,000 2/1 744 0.01
1750 Henderson Ave, Long Beach, CA 90813 $589,000 3/2 913 0.04
425 W 17th St, Long Beach, CA 90813 $559,000 2/1 672 0.04
1716 Chestnut Ave, Long Beach, CA 90813 $536,000 2/1 696 0.04
1710 Chestnut Ave, Long Beach, CA 90813 $598,000 3/1 939 0.04
345 W 17th St, Long Beach, CA 90813 $604,000 2/1 634 0.04
1744 Chestnut Ave, Long Beach, CA 90813 $848,000 4/2 1,428 0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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6/10
Lafayette Elementary School
public Grades K-5
Long Beach Unified School District
4/10
Washington Middle School
public Grades 6-8
Long Beach Unified School District
4/10
Cabrillo High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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