1584 Chestnut Avenue is a 2-unit multifamily investment opportunity located in Long Beach, CA. Situated on a 0.17-acre parcel, 1584 Chestnut Avenue offers a spacious three-bedroom home with a two-car garage in the front and a two-bedroom apartment above 4 garage spaces in the rear of the property. These garage spaces offer ownership the opportunity for significant additional income through the rental of the extra garage spaces.The property represents a unique value-add opportunity with ample upside. With current rents below market rates, new ownership could complete a comprehensive renovation of the units, allowing them to achieve significant rental premiums compared to non-renovated units. 1584 Chestnut Avenue benefits from its excellent location, just North of Downtown Long Beach, providing residents with convenient access to an abundance of retail, dining, and entertainment options, as well as employers. 1584 Chestnut Avenue is available in conjunction with the adjacent 11-unit property located at 1600 Chestnut Avenue.
Some words will not translate correctly. By using this feature, you accept this risk and agree to release Berkshire Hathaway HomeServices and its franchisees from any claims or damages resulting from incorrect translation.
Gary & Colleen Wolfson Office: (818) 597-4513 Email
Berkshire Hathaway HomeServices does not endorse any of the products or vendors, referenced on this material.
Any mention of vendors, products, or services is for informational purposes only.
Member of: Berkshire Hathaway HomeServices California Properties, (858) 792-6085 Agent Login | Agent CRM Login
Our website uses cookies, including third parties’ profiling cookies, to improve your user experience. You can learn more about how we use cookies and how to change your
cookies settings in our Privacy Policy. By closing this message, clicking above or continuing to use this site, you consent to our use of cookies.