1430 Chestnut Ave

PRICED TO SELL.

9.4 GRM AND 7.0% CAP against in-place rents with upside to 7.7% CAP. 12 units (all 1+1's) located blocks from downtown Long Beach. Well-maintained and professionally managed property. Property is subject to AB 1482 Rent Control (5% + CPI increase allowed). Exterior and all interiors were updated in 2019. No onsite parking. There is an on-site laundry room that is currently not being used. Qualified Buyers can put as little as 25% down. Loan quote provided by David Guevara. Momenta Capital Group. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

This home located at 1430 Chestnut Ave is currently active and has been available on pardeeproperties.com for 79 days. This property is listed at $2,169,000. It has 12 beds and 12 bathrooms. The property was built in 1948. 1430 Chestnut Ave is in the Downtown Area, Alamitos Beach community of County.

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