1584 Chestnut Ave, Long Beach, CA 90813
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

$750,000

Last Sold: Mar 28, 2024
$352/sqft
Est. Refi. Payment $4,808/mo*

Homes for Sale Near 1584 Chestnut Ave

Local Information

map showing home location
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-- mins to
Commute Destination

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

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

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

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

Price
List Price: $750,000Price Per Sqft: $352/sqft
Status Change & Dates
Off Market Date: Thu Mar 21 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Long Beach

Building

Building Area
Building Area: 2132 Square Feet

Community

Community Features: Curbs, Gutters, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7405.2 sqft

Listing Info

Special Conditions: Standard

Compensation

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

No Rent Control

Miscellaneous

Mls Number: OC24033408Attribution Contact: 714-713-9086

Additional Information

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

DatePriceEventSource
03/28/2024$750,000Sold
CRMLS #OC24033408
03/21/2024$750,000PendingCRMLS #OC24033408
03/06/2024$750,000ContingentCRMLS #OC24033408
03/01/2024$750,000PendingToActiveCRMLS #OC24033408
02/19/2024$750,000ContingentCRMLS #OC24033408
02/16/2024$750,000Listed For SaleCRMLS #OC24033408

Property Taxes and Assessment

Year2023
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.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Washington School

  • Trulia User
    "Great Cleaner uppers! Lots of changes in 50 years. We definatley need to Address the parking thing. "
    0
    Flag
  • Trulia User
    "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! "
    0
    Flag
  • Trulia User
    "large community areas with public parks available at convenience. very nice, quite and warm home feeling. secured and well patrolled"
    0
    Flag
  • Crystal M.
    "People do not even stop at stop signs when driving. Ppl do not pick up after their dog nor have them on a leash"
    11
    Flag
  • Miyamoto M.
    "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"
    24
    Flag

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.

Homes for Rent Near 1584 Chestnut Ave

Off Market Homes Near 1584 Chestnut Ave

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.