$10,000 Closing Credit¹
#PW24201199, Kevin King, Listing Office: Marcus & Millichap
#SB24215716·
Listing Office: Buckingham Investments, Inc·
Listing Agent: Anthony Walker·
Listing Office Phone: 310-561-4776
$1,299,000 List price
2024 Chestnut Ave Long Beach, CA 90806
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 2024 Chestnut Ave
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.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusSale Pending
(Pending)
(Pending)
Lot size0.1469 Acres
Year built1928
ParkingGarage Faces Rear
MLS #SB24215716
Garage4 spaces
Summary
- MLS Number: SB24215716
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (310) 561-4776
- Listing Agent: Anthony Walker
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: 3/15/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,299,000
2024 Chestnut Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 14, 2021 | Home Sold | $1,300,000 |
| Sep 07, 2012 | Home Sold | $430,000 |
| Aug 15, 2007 | Home Sold | $900,000 |
| Jan 30, 2003 | Home Sold | $340,000 |
| May 22, 2000 | Home Sold | $296,000 |
| Aug 06, 1999 | Home Sold | $140,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,353,100 | $17,719 |
| 2023 | $1,326,580 | $17,423 |
| 2022 | $1,300,580 | $16,356 |
| 2021 | $566,828 | $7,592 |
| 2020 | $560,443 | $7,485 |
| 2019 | $549,455 | $7,217 |
| 2018 | $538,682 | $7,141 |
| 2017 | $528,121 | $7,141 |
History based on county public records data.
Nearby schools
5
Lafayette Elementary School
Public District KG-5
0.5 mi
•2445 Chestnut Ave
4
Smith Elementary School
Public District KG-5
0.6 mi
•565 E Hill St
6
Roosevelt Elementary School
Public District KG-5
0.7 mi
•1574 Linden Ave
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 $62,127. Typical income of Long Beach, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
17%
<35k
57%
35k-100k
24%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
26%
Single, with Kids
10%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
H&M
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
Boston Market
Jack In The Box
What do the neighbors drive?
Dodge
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2024 Chestnut Ave
This home is located at 2024 Chestnut Ave in Long Beach, CA and zip code 90806 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $1,299,000.
While more than 54 listings in Long Beach, CA in February 2025 were sold above asking price, there were more than 22 listings sold at asking price, and more than 62 were sold below. In February 2025 in Long Beach, CA there were 2.2% more homes for sale than in January. Listings spent 42 days on the market in February 2025, and had a median list price of $823,240 during the same period.
From Rocket Homes Real Estate and based on county public records data.