2619 Chestnut Avenue

Long Beach, CA 90806

$3,200,000
Price
11
Beds
10
Baths
6,372 Sq. Ft.
$502 / Sq. Ft.
6,372
Sq. Ft.
$502
per Sq. Ft.

Description

This impeccably maintained nine-unit property, situated just north of Willow Avenue, offers an unparalleled blend of elegance and sophistication. Each unit has been masterfully upgraded, featuring high-end finishes, modern fixtures, and thoughtful enhancements—all without a hint of deferred maintenance—ensuring a seamless, worry-free ownership experience. Extensively renovated, this premier property is a true gem within the Wrigley area. Every detail, from luxury flooring to designer-inspired touches,...This impeccably maintained nine-unit property, situated just north of Willow Avenue, offers an unparalleled blend of elegance and sophistication. Each unit has been masterfully upgraded, featuring high-end finishes, modern fixtures, and thoughtful enhancements—all without a hint of deferred maintenance—ensuring a seamless, worry-free ownership experience. Extensively renovated, this premier property is a true gem within the Wrigley area. Every detail, from luxury flooring to designer-inspired touches, reflects exceptional craftsmanship and an uncompromising standard of quality. This property represents not only tremendous value but also a rare opportunity to invest in luxury living in an unbeatable location. Beyond its immediate financial strength, 2619 Chestnut Avenue presents exciting growth potential. With opportunities to increase current rents and explore the addition of Accessory Dwelling Units (ADUs), this investment offers untapped possibilities for future expansion and enhanced returns. This is more than just a property—it’s an exceptional investment in one of Long Beach’s finest residential enclaves, blending modern luxury with long-term growth potential for the astute investor.
  1. Listed by Brian Fox • DRE #01431326 • Brokerage DRE #02202889 • Keller Williams Legacy • 714-348-1085

Property Details for 2619 Chestnut Avenue

Architectural Style
Contemporary, Modern
View
Neighborhood
Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
9.0
Building Type
Attached
Lot Size Source
Estimated
LISTING UPDATED: 11/15/2024 07:09 AM

Property Details for 2619 Chestnut Avenue

StatusActive
MLS #NP24213687
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
CountyLos Angeles County

Building Information for 2619 Chestnut Avenue

Building/Complex2619 Chestnut AveFloor-Stories2Residences-Pet Policy-Year Built1957Building Size-

Property Information for 2619 Chestnut Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Telephone
Income / Expense / Tax Details
Income Details
  • Gross Income: $182,700
  • Gross Scheduled Income: $198,000
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $188,100
  • Net Operating Income: $182,700
Expense Details
  • Operating Expense: $5,400
  • Electric Expense: $1,320
  • Insurance Expense: $2,300
  • Professional Management Expense: $0
  • Trash Expense: $4,080
  • Total Expenses: $7,700
Tax / Assessment Info
  • Tax Block: 027
  • Tax Tract Number: 016
  • Tax Census Tract: 5722.02
  • CFD/Mello-Roos Fee: $1,695
  • Tax Lot: 15
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps, Other, See Remarks
  • Disability Access: No Interior Steps
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Equipment: Dishwasher, In Closet, Inside, Laundry Area, Other
  • Interior Features: Ceiling Fan(s), Ceramic Counters, Open Floorplan, Quartz Counters, Storage
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom
  • Bedroom Features: Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, In Closet, Inside, See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: See Remarks, Tile
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Roof: See Remarks
  • Entry Location: Multiple Entries
  • Fence: Yes
  • Fencing: Brick
  • Property Condition: Turnkey, Updated/Remodeled
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 9
  • Improvements Amount: $350,000.00
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Electric: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
  • Parking Features: Garage
Property / Structure Info
  • Builders Tract Name: Wrigley Area
  • Builders Tract Code: Wrigley Area (WR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $23,400
  • Unit Type Pro Forma: 23400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $19,800
  • Unit Type Pro Forma: 22200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $23,400
  • Unit Type Pro Forma: 23400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $18,000
  • Unit Type Pro Forma: 22200
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $30,000
  • Unit Type Pro Forma: 34200
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $18,600
  • Unit Type Pro Forma: 22200
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $18,600
  • Unit Type Pro Forma: 22200
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $16,800
  • Unit Type Pro Forma: 22200
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $30,000
  • Unit Type Pro Forma: 34200
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 9
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9
  • Number With Dishwasher: 9
  • Number With Range: 9
  • Number With Refrigerator: 9
  • Number With Disposal: 9

Property History for 2619 Chestnut Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2619 Chestnut Avenue

Taxable ValueLand$580,291Additions$1,218,612Total$1,798,903
Tax Record2024$24,054 ($2,005 / month)
Home Facts
Total Finished SqFt6,372 SqFtAbove Grade Finished SqFt6,372 SqFtLot Size6,373 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLBR1NCountyLOS ANGELESAPN7206-027-016

Schools near 2619 Chestnut Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Birney Elementary School
Public - K to 5
Washington Middle School
Public - 6 to 8
Polytechnic High School
Public - 9 to 12
Educational Partnership High School
Public - 9 to 12
Rating
School
Distance
Birney Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Polytechnic 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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More information about 2619 Chestnut Avenue, Long Beach, CA 90806

2619 Chestnut Avenue is a multi-family home for sale in Long Beach, CA 90806. This property was listed for sale on October 15, 2024 by Keller Williams Legacy, it's currently listed at $3,200,000. It has been on the market for a total of 33 days and was last sold on June 15, 2016. This listing's school district is Long Beach Unified School District. Nearby schools include Birney Elementary School, Washington Middle School and Polytechnic High School. 2619 Chestnut Avenue is a 11-bed, 10-bath, 6,372 sqft multi-family home built in 1957.

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 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.

Listing Courtesy of Keller Williams Legacy, Brian Fox, DRE #01431326

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.