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$1,150,000
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Property Description
Price Improvement.
Great rental areas, 4 units in total. Four 2 bedroom 1 bath units. Tenants pay electrical and gas. NOTE: Seller does not intend a 1031 tax deferred exchange. Shows Great, Almost no deferred maintenance.
Full Property Details
Full Property Details for 1980 Chestnut Ave
General
- Sold For: $1,150,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW24230586
- Added to Site: 476 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: None
- Parking: None
Location
- Area: 5 - Wrigley Area
- County: Los Angeles
- Development Name: 5 - Wrigley Area
- Driving Directions: Magnolia Ave and 20th Street
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 4
Structural Information
- Roof: Composition
- Entry Location: 1
- Square Feet: 3,534
- Year Built: 1947
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: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.0944
- Lot Size Source: Assessor
- Zoning: LBR2N
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $325.41
- Price Per Unit: 285000
Listed by D & D Properties, Derrick Coleman
Sold by Coastal Pacific Investments, Ashley Monconduit
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Schools
Schools serving 1980 Chestnut Ave
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Elementary School, Long Beach, CA 2445 Chestnut Avenue, Long Beach, CA 90806 | K-5 | 0.6 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.5 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1980 Chestnut Ave
Date
Details
Price
Change
Source
12/31/2025
Sold
$1,150,000
0.88%
MLS
12/06/2025
Price Increased
$1,140,000
0.44%
MLS
10/27/2025
Price Reduced
$1,135,000
-3.4%
MLS
10/17/2025
Price Reduced
$1,175,000
-1.26%
MLS
10/15/2025
Price Reduced
$1,190,000
-0.83%
MLS
8/23/2025
Price Reduced
$1,200,000
-2.04%
MLS
8/21/2025
Price Reduced
$1,225,000
-2%
MLS
7/24/2025
Price Reduced
$1,250,000
-10.07%
MLS
4/19/2025
Price Reduced
$1,390,000
-0.36%
MLS
3/25/2025
Price Reduced
$1,395,000
-0.36%
MLS
2/22/2025
Price Reduced
$1,399,999
—
MLS
1/17/2025
Price Reduced
$1,400,000
-1.75%
MLS
11/30/2024
Price Reduced
$1,425,000
-0.35%
MLS
11/18/2024
Price Reduced
$1,430,000
-0.35%
MLS
11/08/2024
Listed
$1,435,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1980 Chestnut Avenue, Long Beach, CA 90806 (MLS# PW24230586) is a Multi-Family property that was sold at $1,150,000 on December 31, 2025. Want to learn more about 1980 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.

