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$1,700,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 13 days ago
See This Home
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See This Home
Save This Home
Amazing prime investment opportunity. Well-maintained in a high demand rental area. Tastefully remodeled in past 2 years with a NEWER roof and newer water heater. Newer sewer line under the structure and currently getting new electrical work done. Has great potential rental upside, Gross annualize rent is $198,000 per year. There's 4 individual garages, laundry room, & spacious courtyard.

Full Property Details for 1885 Chestnut Ave

General

  • Sold For: $1,700,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26088839
  • Added to Site: 82 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Down, All Bedrooms Up, Kitchen, Living Room
  • Interior Features: Ceiling Fan(s)
  • Fireplace(s): None
  • Appliances: Gas Oven
  • Flooring: Vinyl, Laminate

Rooms

Other Rooms

  • Laundry: Community, Common Area

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Garage
  • Parking: Garage

Location

  • Area: 5 - Wrigley Area
  • County: Los Angeles
  • Development Name: 5 - Wrigley Area
  • Driving Directions: Corner of Chestnut & PCH
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • Architectural Style: Traditional
  • Foundation: Slab
  • Roof: Shingle
  • Windows: Double-Pane Windows
  • Doors: Panel Doors
  • Entry Location: Street
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 6,523
  • Year Built: 1944

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1719
  • Lot Size Source: Assessor
  • Zoning: LBR2N
  • Lot Description: Utilities - Overhead, 6-10 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $260.62
  • Price Per Unit: 215625

Listed by Compass, Branden Chhuor
Sold by Pacific Avenue Realty, Prashant Sampat

Listing agent

— 1885 Chestnut Ave —

  • Branden Chhuor

    Compass

213-536-9669

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1885 Chestnut Ave

School District:Long Beach Unified School District
NameGradesDistance
Lafayette Elementary School, Long Beach, CA
2445 Chestnut Avenue, Long Beach, CA 90806
K-50.7 mi
Washington Middle School, Long Beach, CA
1450 Cedar Avenue, Long Beach, CA 90813
6-80.4 mi
Cabrillo High School, Long Beach, CA
2001 Santa Fe Avenue, Long Beach, CA 90810
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1885 Chestnut Ave

Date
Details
Price
Change
Source
6/30/2026
Sold
$1,700,000
-1.45%
MLS
4/24/2026
Listed
$1,725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass, Branden Chhuor
Sold by Pacific Avenue Realty, Prashant Sampat

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1885 Chestnut Avenue, Long Beach, CA 90806 (MLS# PW26088839) is a Multi-Family property that was sold at $1,700,000 on June 30, 2026. Want to learn more about 1885 Chestnut Avenue? Do you have questions about finding other Multi-Family real estate for sale in Wrigley Area? You can browse all Wrigley Area real estate or contact a Coldwell Banker agent to request more information.