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1980 Chestnut AvenueLong Beach, CA 90806

For Sale

$1,175,000

Smart Buyer Rebate $11,750

Price Improvement.
Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange. Shows Great, Almost no deferred maintenance.

Listed by Derrick Coleman

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License #01224623

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D & D Properties

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714-982-4600

Last updated October 17, 2025

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Source: CRMLS #PW24230586

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Wrigley
  • Days on Prevu348

Location

Mortgage Calculator

Listing History

10/17/2025
Price Decreased
$1,175,000
10/15/2025
Price Decreased
$1,190,000
10/09/2025
Status changed to Active
$1,200,000
10/09/2025
Status changed to Removed from Feed
$1,200,000
09/09/2025
Status changed to Temporarily Off Market
$1,200,000
09/08/2025
Status changed to Removed from Feed
$1,200,000
09/07/2025
Status changed to Active
$1,200,000
09/05/2025
Status changed to Removed from Feed
$1,200,000
09/04/2025
Status changed to Active
$1,200,000
09/03/2025
Status changed to Removed from Feed
$1,200,000
08/24/2025
Price Decreased
$1,200,000
08/21/2025
Price Decreased
$1,225,000
07/24/2025
Status changed to Active
$1,250,000
07/24/2025
Price Decreased
$1,250,000
06/11/2025
Status changed to Temporarily Off Market
$1,390,000
05/22/2025
Status changed to Active
$1,390,000
05/22/2025
Status changed to Temporarily Off Market
$1,390,000
04/19/2025
Price Decreased
$1,390,000
03/25/2025
Price Decreased
$1,395,000
03/17/2025
Status changed to Active
$1,399,999
03/16/2025
Status changed to Removed from Feed
$1,399,999
02/23/2025
Price Decreased
$1,399,999
01/17/2025
Price Decreased
$1,400,000
11/30/2024
Price Decreased
$1,425,000
11/18/2024
Price Decreased
$1,430,000
11/08/2024
Listed by D & D Properties
$1,435,000

Property Details for 1980 Chestnut Avenue

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Repairs Cosmetic
  • Roof: Composition
  • Stories Total: 2
  • Year Built: 1947
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1

Features

  • Fencing: Chain Link

Measurements

  • Building Area Total: 3,534
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.09
  • Lot Size Area: 4,114
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,114
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.0
  • Gross Income: $90,000.00
  • Operating Expense: $4,000.00

Taxes

  • Parcel Number: 7209026003

Other

Location

  • Subdivision Name: Wrigley Area (WR)
  • Tax Block: 3
  • Tax Lot: 3

Utilities

Equipment

  • Heating: Baseboard
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.