SOLDMAR 28, 2024
Listed by Tyler Leeson, Marcus & Millichap RE Invest, (949) 419-3200 . Bought with COLDWELL BANKER DYNASTY/TC
1584 Chestnut Ave
Long Beach, CA 90813
Washington School- 5 Beds
- 2 Baths
- 2,132 sqft
- 5 Beds
- 2 Baths
- 2,132 sqft
5 Beds
2 Baths
2,132 sqft
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Local Information
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Description
This property is no longer available to rent or to buy. This description is from March 28, 2024
1584 Chestnut Avenue is a 2-unit multifamily investment opportunity located in Long Beach, CA. Situated on a 0.17-acre parcel, 1584 Chestnut Avenue offers a spacious three-bedroom home with a two-car garage in the front and a two-bedroom apartment above 4 garage spaces in the rear of the property. These garage spaces offer ownership the opportunity for significant additional income through the rental of the extra garage spaces. The property represents a unique value-add opportunity with ample upside. With current rents below market rates, new ownership could complete a comprehensive renovation of the units, allowing them to achieve significant rental premiums compared to non-renovated units. 1584 Chestnut Avenue benefits from its excellent location, just North of Downtown Long Beach, providing residents with convenient access to an abundance of retail, dining, and entertainment options, as well as employers. 1584 Chestnut Avenue is available in conjunction with the adjacent 11-unit property located at 1600 Chestnut Avenue.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$352/sqft
Listed
50 days ago
Home Details for 1584 Chestnut Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 2 |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: OneEntry Location: First Level |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 6Number of Covered Spaces: 6Has a GarageParking Spaces: 6Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Property Information |
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Year Built Year Built: 1953 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7269039009 |
Price & Status |
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Price List Price: $750,000Price Per Sqft: $352/sqft |
Status Change & Dates Off Market Date: Thu Mar 21 2024 |
Active Status |
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MLS Status: Closed |
Location |
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Direction & Address City: Long Beach |
Building |
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Building Area Building Area: 2132 Square Feet |
Community |
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Community Features: Curbs, Gutters, SidewalksNot Senior Community |
HOA |
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Association for this Listing: California Regional MLS |
Lot Information |
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Lot Area: 7405.2 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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No Rent Control |
Miscellaneous |
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Mls Number: OC24033408Attribution Contact: 714-713-9086 |
Additional Information |
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CurbsGuttersSidewalks |
Last check for updates: about 22 hours ago
Listed by Tyler Leeson DRE #01451551, (714) 713-9086
Marcus & Millichap RE Invest
Bought with: MINH HUYNH DRE #01131789, (626) 287-9636, COLDWELL BANKER DYNASTY/TC
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC24033408
Price History for 1584 Chestnut Ave
Date | Price | Event | Source |
---|---|---|---|
03/28/2024 | $750,000 | Sold | CRMLS #OC24033408 |
03/21/2024 | $750,000 | Pending | CRMLS #OC24033408 |
03/06/2024 | $750,000 | Contingent | CRMLS #OC24033408 |
03/01/2024 | $750,000 | PendingToActive | CRMLS #OC24033408 |
02/19/2024 | $750,000 | Contingent | CRMLS #OC24033408 |
02/16/2024 | $750,000 | Listed For Sale | CRMLS #OC24033408 |
Property Taxes and Assessment
Year | 2023 |
---|---|
Tax | $3,726 |
Assessment | $253,851 |
Home facts updated by county records
Comparable Sales for 1584 Chestnut Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.39 | Multi-Family Home | $848,500 | 08/29/23 | 4 | 2 | 2,110 | |
0.17 | Multi-Family Home | $900,000 | 01/19/24 | 4 | 3 | 1,819 | |
0.09 | Multi-Family Home | $1,060,000 | 06/30/23 | 10 | 6 | 2,738 | |
0.68 | Multi-Family Home | $790,000 | 08/09/23 | 4 | 2 | 2,144 | |
0.12 | Multi-Family Home | $1,000,000 | 11/02/23 | 4 | 6 | 3,027 | |
0.11 | Multi-Family Home | $1,050,000 | 03/25/24 | 6 | 5 | 4,132 | |
0.64 | Multi-Family Home | $1,000,000 | 01/12/24 | 5 | 3 | 2,234 |
Assigned Schools
These are the assigned schools for 1584 Chestnut Ave.
- Lafayette Elementary School
- K-5
- Public
- 914 Students
5/10GreatSchools RatingParent Rating AverageLafayette Elementary is like the beginnings of a promising food forest. It’s nowhere near its potential, because growth in some areas takes time. The school relies heavily on parent involvement (parents are watering the garden). The counselor pulls the weeds. But there are many areas where the weeds have taken over and we need 3-4 counselors for the heavy workload. Children do well here because there’s a real sense of “community”. If we see every child like our own (and not as a competitor which sadly is the nature of this country) then we become willing to activate our schools as community centers designed by the community for the community. A space where real education, empathy, and compassion take place. Your children and my children are in this world together. It is our responsibility as parents to become truly our child’s first teacher (you decide what seeds you want to plant) and hold schools, staff, and teachers accountable for planting the seeds of real education and compassion. In hopes that school staff are efficient at pulling the weeds. Parents do a lot of talking with our students (the counseling and teaching) at home. And that’s why resources for parents by the school and the school district are important. Parents need support. If you work full time and cannot volunteer your time, make time to ask questions. Make time for after work hour involvement. Children grow fast! How they grow is up to you (us). Don’t expect your child to be at grade level or proficient in reading, writing or math if you drop your child off at Lafayette for Kindergarten, then pick them up at 5th grade graduation without never having read to them, talked to them or participated in any school event! Parents, you decide how successful you want this school to be. Parents with education and resources (who live in the neighborhood) often choose other schools because they don’t think the school is “good enough” for their petunias. But research shows that students (without that advantage) in the classroom do better when peers (with educated parents) learn along side them.It’s not about competition. It’s about cooperation. And community building. For the success of our children and our community.Parent Review11mo ago - Washington Middle School
- 6-8
- Public
- 974 Students
3/10GreatSchools RatingParent Rating AverageI've been assigned to this school for about 3 weeks, and this is the most terrible school to work in. The kids are not sure what they're learning and require constant reminders of the subject material. Some students don't know how to type and they don't read any books that can help with their language. Very few kids know what they're doing, however, the majority lack proper cognitive skills and they don't take notes and they have no homework. The subjectivity of some kids is appalling and they despise certain instructors for no good reason who are trying to help them. This is an evil school and I hope people make the right choice and don't come near this school.Other Review2y ago - Cabrillo High School
- 9-12
- Public
- 2007 Students
4/10GreatSchools RatingParent Rating AverageGreat school, most students are good actually, good programs.Student Review2y ago - Check out schools near 1584 Chestnut Ave.
Check with the applicable school district prior to making a decision based on these schools. Learn more.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Washington School
- Trulia User
- Resident
- 6mo ago
"Great Cleaner uppers! Lots of changes in 50 years. We definatley need to Address the parking thing. "
- Trulia User
- Resident
- 6mo ago
"We Have Alot of families, Children, & Pets in Our Washington Neighborhood. It Includes About 6, Really Great Picker- uppers here. Also added the occasional tree chained trashcan! I, Would like to see a BLOCK party on Locust! Carnival Style, for the kids. Games, Prizes, Hotdogs, tacos, ect. Would a Before Halloween event, on a block or 2 be permitted? Early Trick or Treat, and carnival games? LOVE IT! "
- Trulia User
- Resident
- 10mo ago
"large community areas with public parks available at convenience. very nice, quite and warm home feeling. secured and well patrolled"
- Crystal M.
- Resident
- 3y ago
"People do not even stop at stop signs when driving. Ppl do not pick up after their dog nor have them on a leash"
- Miyamoto M.
- Resident
- 4y ago
"owners do not leach their dogs and sometimes they jump at you besides that they don’t pick up the dog poop and you have a tendency for stepping on it from time to time"
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Homes for Rent Near 1584 Chestnut Ave
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1584 Chestnut Ave, Long Beach, CA 90813 is a 5 bedroom, 2 bathroom, 2,132 sqft multi-family built in 1953. 1584 Chestnut Ave is located in Washington School, Long Beach. This property is not currently available for sale. 1584 Chestnut Ave was last sold on Mar 28, 2024 for $750,000 (0% higher than the asking price of $750,000). The current Trulia Estimate for 1584 Chestnut Ave is $752,700.