1981 Chestnut Ave, Long Beach
The Chestnut Avenue Apartments is an 8-unit apartment community located in the South Wrigley neighborhood. This area features the vibrant submarkets of West Gateway & DTLB. The building is situated on a 7,638 square foot parcel and is comprised of two 1bed/1bath units, four 2 bed/1 bath units and two 2 bed/2 bath units. The property is located within walking distance to bus lines, restaurants, and presents an opportunity to acquire a value-add asset that provides immediate cash flow. Located in the South Wrigley district in Long Beach, CA. Nearby parks include Cressa Park, David Burcham Field and Drake Park.
- Units: 8
- Gross Rent Multiplier: 5
- Cap Rate:
Rental Cost Details
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