1606 Chestnut Ave

6
Baths
2,750 Sq. Ft.
$513 / Sq. Ft.
2,750
Sq. Ft.
$513
per Sq. Ft.

Description

Welcome to 1606 Chestnut Ave in Long beach, CA - the crown jewel property of the entire neighborhood! This is a perfect property for an investment portfolio, especially with the property being situated in the fastest growing part of Long Beach, where the area is experiencing the fastest improvement as well. This property is a gorgeous 4 unit - with two units located on the 1st level & two units located on the 2nd level. Two of the units consist of a 2 bed, 2 bath configuration & Two of the units...Welcome to 1606 Chestnut Ave in Long beach, CA - the crown jewel property of the entire neighborhood! This is a perfect property for an investment portfolio, especially with the property being situated in the fastest growing part of Long Beach, where the area is experiencing the fastest improvement as well. This property is a gorgeous 4 unit - with two units located on the 1st level & two units located on the 2nd level. Two of the units consist of a 2 bed, 2 bath configuration & Two of the units consist of a 2 bed, 1 bath configuration. One type of each configuration is on the 1st level & one type of each configuration the 2nd level. Each unit also comes with laundry located within each unit, making these individual units very attractive to renters. Located in the back of the lot of the property are 4 detached enclosed garage spaces - one for each unit, for ease of parking. The interior of each unit is in immaculate condition - complete with vinyl flooring, LED recessed canned lighting, beautiful quartz countertops throughout the kitchens, Shaker cabinets in each unit, remodeled bathrooms in every unit, newer windows in the entire building, and aesthetic renovations to make the property look most appealing to potential tenants. Additionally, the lot is heavily oversized for the area, and the entire front of the lot is left for an open development concept in the future! Don't let this property get away from you...

Property Details for 1606 Chestnut Avenue

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2750
LISTING UPDATED: 04/18/2025 07:25 AM

Property Details for 1606 Chestnut Avenue

StatusClosed
MLS #PW25044279
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.17 AC / 7,520 SF
CountyLos Angeles County
Buyer's Agent Compensation2%

Location

Sold By eXp Realty of Greater LA, Inc., Cynthia Jauregui, DRE #02103825

Add your commute

Building Information for 1606 Chestnut Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.17 AC / 7,520 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$7,865 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,872

Property Taxes

$993

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property Information for 1606 Chestnut Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $10,300
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 11934
  • Tax Census Tract: 5754.01
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 10
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Golf, Lake, Park, Sidewalks, Storm Drains, Street Lights, Urban
Property / Structure Info
Interior Features
  • Appliances: Gas Oven
  • Equipment: Inside
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Vinyl
Exterior Features
  • Roof: Asphalt, Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Block, Chain Link
  • Property Condition: Turnkey, Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Electricity Connected
  • Electric: Electricity Available, Electricity Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned, Garage - 1 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage - Single Door
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number With Dishwasher: 4
  • Number With Range: 4

Property History for 1606 Chestnut Avenue

DateEvent & SourcePriceAppreciation
Apr 18, 2025

Sold

CLAW #PW25044279MR

$1,410,000—
Apr 18, 2025

Sold

CRMLS #PW25044279

$1,410,000—
Apr 18, 2025

Sold

SDMLS #PW25044279

$1,410,000—
Mar 31, 2025

Pending

CRMLS #PW25044279

—
Mar 31, 2025

Sold (Public Record)

Public Record #1555681758

$1,410,000

+139.0% / yr

Mar 11, 2025

Pending

CLAW #PW25044279MR

—
Mar 11, 2025

Pending

SDMLS #PW25044279

—
Mar 11, 2025

Accepting Backup Offers

CLAW #PW25044279MR

—
Mar 11, 2025

Accepting Backup Offers

CRMLS #PW25044279

—
Feb 28, 2025

Price Change

CLAW #PW25044279MR

$1,449,000—
Feb 28, 2025

Price Change

CRMLS #PW25044279

$1,449,000—
Feb 28, 2025

Listed (Active)

CLAW #PW25044279MR

$1,490,000—
Feb 28, 2025

Listed (Active)

SDMLS #PW25044279

$1,490,000—
Feb 28, 2025

Listed (Active)

CRMLS #PW25044279

$1,490,000—
Jun 28, 2024

Sold

CLAW #SB24101758MR

$701,000—
Jun 28, 2024

Sold

CRMLS #SB24101758

$701,000—
Jun 28, 2024

Sold

SDMLS #SB24101758

$701,000—
Jun 17, 2024

Pending

CRMLS #SB24101758

—
Jun 11, 2024

Sold (Public Record)

Public Record #1535317667

$701,000—
Jun 6, 2024

Pending

CLAW #SB24101758MR

—
Jun 6, 2024

Pending

SDMLS #SB24101758

—
Jun 5, 2024

Hold

CRMLS #SB24101758

—
May 23, 2024

Listed (Active)

CRMLS #SB24101758

$599,000—
May 17, 2024

Hold

CLAW #SB24101758MR

—
May 17, 2024

Listed (Active)

SDMLS #SB24101758

$599,000—
May 17, 2024

Listed (Active)

CLAW #SB24101758MR

$599,000—
DateEvent & SourcePrice
04/18/2025

Sold

CLAW #PW25044279MR

$1,410,000
04/18/2025

Sold

CRMLS #PW25044279

$1,410,000
04/18/2025

Sold

SDMLS #PW25044279

$1,410,000
03/31/2025

Pending

CRMLS #PW25044279

—
03/31/2025

Sold (Public Record)

Public Record #1555681758

$1,410,000

+139.0% / yr

03/11/2025

Pending

CLAW #PW25044279MR

—
03/11/2025

Pending

SDMLS #PW25044279

—
03/11/2025

Accepting Backup Offers

CLAW #PW25044279MR

—
03/11/2025

Accepting Backup Offers

CRMLS #PW25044279

—
02/28/2025

Price Change

CLAW #PW25044279MR

$1,449,000
02/28/2025

Price Change

CRMLS #PW25044279

$1,449,000
02/28/2025

Listed (Active)

CLAW #PW25044279MR

$1,490,000
02/28/2025

Listed (Active)

SDMLS #PW25044279

$1,490,000
02/28/2025

Listed (Active)

CRMLS #PW25044279

$1,490,000
06/28/2024

Sold

CLAW #SB24101758MR

$701,000
06/28/2024

Sold

CRMLS #SB24101758

$701,000
06/28/2024

Sold

SDMLS #SB24101758

$701,000
06/17/2024

Pending

CRMLS #SB24101758

—
06/11/2024

Sold (Public Record)

Public Record #1535317667

$701,000
06/06/2024

Pending

CLAW #SB24101758MR

—
06/06/2024

Pending

SDMLS #SB24101758

—
06/05/2024

Hold

CRMLS #SB24101758

—
05/23/2024

Listed (Active)

CRMLS #SB24101758

$599,000
05/17/2024

Hold

CLAW #SB24101758MR

—
05/17/2024

Listed (Active)

SDMLS #SB24101758

$599,000
05/17/2024

Listed (Active)

CLAW #SB24101758MR

$599,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1606 Chestnut Avenue

Taxable ValueLand$663,000Additions$204,000Total$867,000
Tax Record2025$11,919 ($993 / month)
Home Facts
Total Finished SqFt2,750 SqFtAbove Grade Finished SqFt2,750 SqFtLot Size7,518 SqFtStyleQuadraplexYear Built1928ZoningLBR4NCountyLOS ANGELESAPN7269-039-007

Schools near 1606 Chestnut Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lafayette Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Educational Partnership High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.