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2200 Chestnut
USD 1,849,000
Property ID: OC25078995
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2200 Chestnut ,90806
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icon 6500 SqFt
icon Built in 1932
icon USD 284/SqFt
icon 0 Bed
icon 0 Full
icon --
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
5504
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1932
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Detailed Introduction Of This Home
Beautifully restored Spanish Revival 6-unit complex in Long Beach’s historic South Wrigley neighborhood. Features (4) large 2-bed/1-bath and (2) 1-bed/1-bath units totaling 5,504 SF. Upgrades include new electrical panels, copper plumbing, on-site laundry, and garages. Assumable financing at 3.20% fixed through May 2026, then 4.20% until Nov 2026, 5.20% until May 2027, and 6.20% until Nov 2027. Current 5.10% cap rate with upside to 6.67% pro forma. Additional income could be achieved through RUBS, pet rent, parking, and potential ADU development where existing garages are located. Excellent location near Downtown, transit, and schools—strong cash flow and long-term upside.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (17)
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2200 Chestnut
USD 1,849,000 0 Beds
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