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2175 Chestnut, Long Beach CA 90806
2175 Chestnut, Long Beach CA 90806
2175 Chestnut, Long Beach CA 90806
2175 Chestnut, Long Beach CA 90806
2175 Chestnut, Long Beach CA 90806
2175 Chestnut, Long Beach CA 90806
2175 Chestnut, Long Beach CA 90806
2175 Chestnut, Long Beach CA 90806
California>Long Beach>South Wrigley

2175 ChestnutLong Beach, CA 90806

For Sale

$2,600,000

Smart Buyer Rebate $26,000

We are pleased to present 2175 Chestnut Avenue, located in Long Beach, California. This 2-story, 14-unit multifamily building was originally built in 1929 and represents an excellent value-add opportunity in the desirable South Wrigley neighborhood of Long Beach. The total building area is approximately 8,154 square feet, situated on a 6,470 square-foot parcel. The unit mix consists of fourteen (14) large studio units averaging ±585 square feet each. The property features new electric sub-panels and is separately metered for gas and electricity, helping to keep operating expenses low. There are also four parking spaces in the rear, which can generate additional income.

Listed by Kevin King

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License #01158184

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Marcus & Millichap

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kking@marcusmillichap.com

Last updated November 05, 2025

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Source: CRMLS #PW25248922

Listing Facts

  • TypeMulti-family
  • NeighborhoodSouth Wrigley
  • Days on Prevu22

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Listed by Marcus & Millichap
$2,600,000

Property Details for 2175 Chestnut

Association

Amenities

  • Community Features: Biking, Curbs, Sidewalks

Exterior

Construction

  • Number Of Units Total: 14
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1929
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 8,154
  • Building Area Units: Square Feet
  • Lot Features: 11-15 Units/Acre
  • Lot Size Acres: 0.15
  • Lot Size Area: 0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,534
  • Lot Size Units: Acres

Financial

Residential Income

  • Cap Rate: 5.79
  • Gross Income: $221,116.00
  • Operating Expense: $70,920.00

Taxes

  • Parcel Number: 7205026015

Other

Location

  • Subdivision Name: South Wrigley
  • Tax Block: 2
  • Tax Lot: 15

Parking

Parking

  • Garage Spaces: 5
  • Garage: Yes
  • Parking Total: 5

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.