#PW24230586, Derrick Coleman, Listing Office: D & D Properties
$10,000
closing credit¹
1036 Chestnut Ave Long Beach, CA 90813
Property details
About 1036 Chestnut Ave
We are pleased to present a 7 unit apartment building located at 1036 Chestnut Avenue in Long Beach, California. This is a value-add opportunity in a great location of Willmore in Long Beach. The subject property is close to St Mary Medical Center, 4th Street Retro Row, Downtown Long Beach and 2nd Street in Belmont Shore where there are restaurants, shops, bars, grocery stores and entertainment venues. The subject property consists 3,770 rentable square feet spread throughout a 7,478 square foot lot. Units 1-6 was built in 1960 and unit A was built in 1949. All units are one bedroom / one bathroom units. The subject property is also separately metered for gas and electricity which helps keep expenses to a minimum. There are a total of 7 parking spaces in the rear which are able to generate income as well. Owners enjoy the high demand for rentals in a coastal city of Southern California. Tenants enjoy living close to the ocean breeze and walking distance to shops, restaurants, cafes, entertainment centers and grocery stores. The city of Long Beach continues to progress forward and is currently experiencing major redevelopment.
Highlights
Summary
- MLS Number: PW24201199
- MLS Name: CRMLS
- Office Name: Marcus & Millichap
- Office Email: kking@marcusmillichap.com
- Listing Agent: Kevin King
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,450,000
1036 Chestnut Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 22, 2005 | Home Sold | $750,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,025,401 | $14,062 |
2023 | $1,005,306 | $13,816 |
2022 | $985,605 | $12,985 |
2021 | $966,289 | $12,708 |
2020 | $955,907 | $12,527 |
2019 | $937,165 | $12,131 |
2018 | $918,791 | $12,002 |
2017 | $900,776 | $12,002 |
History based on county public records data.
Nearby schools
5
Oropeza Elementary School
Public District KG-5
0.4 mi
•700 Locust Ave
6
Edison Elementary School
Public District KG-5
0.4 mi
•625 Maine Ave
3
Chavez Elementary School
Public District KG-5
0.7 mi
•730 W 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,667. Most Long Beach, CA residents have annual incomes less than $<35k. Typical family type is married, with kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1036 Chestnut Ave
This home is located at 1036 Chestnut Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $1,450,000.
Long Beach, CA housing market in December 2024 saw over 60 listings sold above listed price, more than 30 sold at listed price and over 58 sold below. In December 2024 in Long Beach, CA there were 12% less homes for sale than in November. In December 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $824,872.