2200 Chestnut, Long Beach, CA 90806

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
2200 Chestnut,Long Beach, CA 90806
$1,799,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:pat swanson
Office:pat swanson
MLS#:OC25078995
Source:SANDICOR

Price summary

  • Price:$1,799,000

About this home

Beautifully restored Spanish Revival 6-unit complex in Long Beachs 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 schoolsstrong cash flow and long-term upside.

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Home facts

  • Listing Id #:OC25078995
  • Added:131 day(s) ago
  • Updated:August 20, 2025 at 01:54 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2

Finances and disclosures

  • Price:$1,799,000
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