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
·
D & D Properties
·
714-982-4600
Last updated December 06, 2025
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Source: CRMLS #PW24230586
Listing Facts
TypeMulti-family
NeighborhoodSouth Wrigley
Days on Prevu397
Location
Mortgage Calculator
Listing History
12/06/2025
Status changed to Active
$1,140,000
12/06/2025
Price Increased
$1,140,000
11/11/2025
Status changed to Pending
$1,135,000
10/27/2025
Status changed to Active
$1,135,000
10/27/2025
Price Decreased
$1,135,000
10/23/2025
Status changed to Removed from Feed
$1,175,000
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
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1980 Chestnut Avenue.
How does 1980 Chestnut Avenue compare to other multi-family homes in South Wrigley?
This multi-family home is listed 36% below the average price for multi-family homes in South Wrigley and has been on the market for 339 more days than the typical home in this area.
1980 Chestnut Avenue is a -bedroom multi-family home for sale in Long Beach CA 90806. Listed on Prevu for 397 days at $1,140,000. This includes a recent price increase of $5,000. This property is located in South Wrigley. The median listing price for multi-family homes in this area is $1,037,500. View other multi-family home listings in Long Beach.
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.
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.