2219 Chestnut Avenue, Long Beach, California 90806, Long Beach, 90806 - bed, bath
ACTIVE$820,000
2219 Chestnut Avenue, Long Beach, California 90806
0Bed
0Bath
1,491Sqft
6,503Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Property: This duplex offers two independent 2-bedroom, 1-bathroom units, providing excellent potential for rental income or owner-occupancy with supplementary income.
Top Cons:
Property Age: Built in 1927, the property may require significant updates to its infrastructure (plumbing, electrical, HVAC) and could incur higher maintenance costs due to its age.
Compared to the nearby listings
Price:$820.0K vs avg $897.5K ($-77,500)25%
Size:1,491 sqft vs avg 2,106 sqft13%
Price/sqft:$550 vs avg $44075%
More Insights
Built in 1927 (98 years old).
Condition: Built in 1927, this property shows significant signs of age and deferred maintenance. The kitchen is extremely outdated with very old cabinets, countertops, and appliances, requiring a full renovation. Interior flooring is heavily worn, and light fixtures are old-fashioned. While the structure appears intact, major systems (electrical, plumbing, HVAC) are likely original or very old and would require substantial upgrades. The property needs extensive rehabilitation to meet modern living standards.
Year Built
1927
Close
-
List price
$820K
Original List price
$875K
Price/Sqft
$550
HOA
-
Days on market
-
Sold On
-
MLS number
PW25085318
Home ConditionPoor
Features
View-
About this home
PRICE DROP!!! PRIME WRIGLEY LOCATION! DUPLEX - 2 UNITS CONSISTING OF BOTH 2 BEDROOM / 1 BATHROOMS. EACH UNIT HAS ITS OWN PRIVATE GRASS AREA FOR YARD SPACE , OWN ENTRANCE & PRIVATE WASHER/DRYER HOOKUPS. 2 PRIVATE GARAGES AND 4 ADDITIONAL OFF STREET PARKING SPACES. FIRST TIME BEING SOLD IN 21 YEARS! CLOSE TO DOWNTOWN LONG BEACH, CSULB, GREAT RESTAURANTS AND SHOPPING! CHECK OUT THIS INCREDIBLE OPPORTUNITY TO INVEST OR LIVE IN ONE UNIT AND RENT THE OTHERS!!!
Nearby schools
8/10
Lafayette Elementary School
Public,•K-5•0.3mi
5/10
Burnett Elementary School
Public,•K-5•0.6mi
6/10
Birney Elementary School
Public,•K-5•1.0mi
8/10
Los Cerritos Elementary School
Public,•K-5•2.1mi
6/10
Robinson Academy
Public,•K-8•0.7mi
6/10
Washington Middle School
Public,•6-8•0.9mi
7/10
Hughes Middle School
Public,•6-8•2.3mi
6/10
Polytechnic High School
Public,•9-12•1.0mi
3/10
Cabrillo High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
07/12/01
Sold
$186,000
05/07/04
Sold
$360,000
Condition Rating
Poor
Built in 1927, this property shows significant signs of age and deferred maintenance. The kitchen is extremely outdated with very old cabinets, countertops, and appliances, requiring a full renovation. Interior flooring is heavily worn, and light fixtures are old-fashioned. While the structure appears intact, major systems (electrical, plumbing, HVAC) are likely original or very old and would require substantial upgrades. The property needs extensive rehabilitation to meet modern living standards.
Pros & Cons
Pros
Income-Generating Property: This duplex offers two independent 2-bedroom, 1-bathroom units, providing excellent potential for rental income or owner-occupancy with supplementary income.
Prime Location: Situated in the desirable Wrigley Area, the property boasts proximity to Downtown Long Beach, CSULB, and a variety of restaurants and shopping, enhancing its appeal to tenants and owners.
Individual Unit Amenities: Each unit features its own private grass yard, separate entrance, and in-unit washer/dryer hookups, offering enhanced privacy and convenience for residents.
Ample Parking: The property includes two private garages and four additional off-street parking spaces, a significant advantage in an urban setting.
Recent Price Reduction: Multiple price drops, including a recent adjustment to $820,000 from an original $875,000, present a more attractive and competitive investment opportunity.
Cons
Property Age: Built in 1927, the property may require significant updates to its infrastructure (plumbing, electrical, HVAC) and could incur higher maintenance costs due to its age.
Unknown Interior Condition: Having been held by the same owner for 21 years, the current state of interior renovations and systems is not specified, potentially indicating a need for substantial capital expenditure to modernize.
Varying School Ratings: Some nearby public schools, such as Cabrillo High School (rating 3) and Burnett Elementary (rating 5), have lower ratings, which might be a consideration for families with school-aged children.