- 3 Beds
- 2 Baths
- .15 Acres
- 87 DOM
2200 Chestnut
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.
Essential Information
- MLS® #OC25078995
- Price$1,799,000
- Bedrooms3
- Bathrooms2.00
- Acres0.15
- TypeResidential Income
- Sub-TypeRes Income 2-4 Units
- StatusActive
Community Information
- Address2200 Chestnut
- AreaLONG BEACH (90806)
- SubdivisionWrigley
- CityLong Beach
- CountyLos Angeles
- StateCA
- Zip Code90806
Amenities
- PoolN/K
Interior
- FireplaceYes
Exterior
- Lot DescriptionSidewalks
Additional Information
- Date ListedApril 10th, 2025
- Days on Market87
- ZoningAssessor
Listing Details
- OfficePat Swanson
Pat Swanson.
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Listing information last updated on July 20th, 2025 at 6:42pm PDT.