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718 Chestnut Ave
Long Beach, CA 90813

$3,650,000 USD

Apartments For Sale  •  9,324 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,324 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1923
  • Zoning PD10
73 Transit Score
93 Walk Score

Highlights

Turnkey Property with Updated Systems
5.32% Cap Rate / 11.64 GRM on Current Rents
May be purchased individually or combined with other Affordable deals at 1228 Raymond Avenue and/or 908 Martin Luther King Blvd.

Amenities

  • 24 Hour Access
  • Balcony
  • Laundry Facilities
  • Security System
  • Tile Floors
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Smoke Free
  • Walk-Up

Public Transportation

Transit/SubwayDriveWalkDistance
Pacific Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 7 min 0.4 mi
5Th Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 10 min 0.5 mi
Long Beach Transit Mall (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 13 min 0.7 mi
Anaheim Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 15 min 0.8 mi
1St Street Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 16 min 0.9 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 12 min - 5.2 mi
Los Angeles International 30 min - 21.5 mi
John Wayne/Orange County 33 min - 22.1 mi
Robert Stepp 310-463-2916 Stepp Commercial
Robert Stepp 310-463-2916 Stepp Commercial