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Sold on 01/09/2018
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1981 Chestnut Ave, Long Beach, CA 90806

$1,775,000

Last sold 01/09/2018 after 152 Days

  • 5

    bed

  • 4

    bath

House not for sale
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About 1981 Chestnut Ave

Property type House
Neighborhood
Year built 1941
HOA fee $0/month
Lot size 7,638 Sqft
Property description
The Chestnut Avenue Apartments is an 8-unit apartment community located in the South Wrigley neighborhood. This area features the vibrant submarkets of West Gateway & DTLB. The building is situated on a 7,638 square foot parcel and is comprised of two 1bed/1bath units, four 2 bed/1 bath units and two 2 bed/2 bath units. The property is located within walking distance to bus lines, restaurants, and presents an opportunity to acquire a value-add asset that provides immediate cash flow. Located in the South
Listed by
Listing Agent - Robert Stepp
Listing Office - Keller Williams Pacific Estate
Source: San Diego MLS mls logo
MLS#PW17184670 • last updated 6 years ago
Movoto checked San Diego MLS for data 4 minutes ago
Overview
Heating Radiant
Levels/Style 2 Story
Status SOLD
SubType Res Income 2-4 Units
MLS # PW17184670
Lot Size (SqFt) 7638
Year Built 1941
Exterior
Lot Desc Sidewalks
Amenities / Utilities
Water Source Meter On Property
Pool Desc N/K
Location
Neighborhood Wrigley Area (WR)
County Los Angeles
APN 7209029004
Zoning LBR2N
Directions Chestnut Avenue & W 20th Street
Multifamily Details
Unit 2: # Bedrooms 2
Unit 3: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 3: # Total Baths 2
Unit 1: # Bedrooms 1
Unit 2: Actual Rent 5600
Unit 3: Actual Rent 2790
Total # of Units 8
Gross Scheduled Income 130320
  • Jan 2018
    mls logo MLS # PW17184670
  • Jan 17, 2018 Sold
    $1,775,000 (+1.1%)
  • Jan 9, 2018 Sold
    $1,775,000 (-1.4%)
  • Nov 6, 2017 Pending
    —
  • Aug 10, 2017 Listed
    $1,800,000 (-7.7%)
  • Aug 10, 2017 Listed
    $1,950,000 (+44.4%)
  • Jan 2018
    Public Records
  • Jan 9, 2018 Sold
    $1,755,000 (-1.1%)
  • Dec 2016
    Public Records
  • Dec 23, 2016 Sold
    $1,350,000
  • Year Property taxes Tax assessment
  • 2024
    $26,077 +1.7%
    $1,957,733
  • 2023
    $25,636 +6.5%
    $1,957,733 +2.0%
  • 2022
    $24,077 +2.2%
    $1,919,347 +4.04%
  • 2021
    $23,568 +0.3%
    $1,844,818
  • 2020
    $23,505
    $1,844,818
  • 1981 Chestnut Ave
    $1.77M
  • South Wrigley
    $894K +4% y/y
  • 90806
    $819K +10% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1975 Chestnut Ave, Long Beach, CA 90806 $1,005,000 5/2 2,248 0.01
1990 Chestnut Ave, Long Beach, CA 90806 $627,000 3/2 1,638 0.03
439 W 20th St, Long Beach, CA 90806 $691,000 3/1 1,515 0.04
336 W 20th St, Long Beach, CA 90806 $708,000 3/2 1,462 0.05
2001 Chestnut Ave, Long Beach, CA 90806 $913,000 2/1 1,408 0.05
2011 Eucalyptus Ave, Long Beach, CA 90806 $915,000 3/1 1,396 0.05
2020 Eucalyptus Ave, Long Beach, CA 90806 $928,000 3/2 1,544 0.05
330 W 20th St, Long Beach, CA 90806 $866,000 3/2 1,559 0.05

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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