2835 Chestnut Avenue, Long Beach, California 90806, Long Beach, 90806 - 4 bed, 4 bath
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Long Beach, California 90806
This Spanish Colonial Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned slightly above the $1,080,869 Fair Market Value. While the property requires cosmetic updates to the vintage kitchen and baths, its Condition Rating of 4 is bolstered by a brand-new HVAC system and refinished hardwoods. The inclusion of a separate-entry studio with a rooftop deck provides immediate income potential or ADU conversion. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2835 Chestnut Avenue Subject | $1,100,000* List Price | 4 | 4 | 2,325 | $465 | - |
A 2720 San Francisco Sold | $840,000 | 3 | 2 | 1,750 | $480 | 0.4 mi |
B 720 W Columbia Street Sold | $925,000 | 3 | 2 | 1,829 | $506 | 0.3 mi |
C 2289 Golden Avenue Avenue Sold | $880,000 | 2 | 1 | 1,602 | $549 | 0.8 mi |
D 2257 Daisy Avenue Sold | $823,000 | 2 | 2 | 1,636 | $503 | 0.8 mi |
E 3148 Magnolia Active | $1,150,000 List Price | 4 | 4 | 2,106 | $546 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features a brand-new HVAC system, fresh paint, and refinished original hardwoods, the kitchen and bathrooms are significantly dated. The kitchen retains vintage turquoise tile and older cabinetry, and the bathrooms feature original 1920s details. Per the criteria, the property is over 20 years old with renovations to the primary wet areas exceeding the 15-30 year range, necessitating updates despite being well-maintained.
This 1928 Spanish Colonial home masterfully preserves its historic charm with coved ceilings and arched doorways while integrating essential modern comforts like a brand-new HVAC system and refinished hardwood floors.
The property includes a separate-entry upstairs studio with a private rooftop deck, offering an immediate opportunity for rental income or a straightforward conversion into a full ADU.
The home features a private terra-cotta courtyard, a lush garden with mature fruit trees, and a backyard patio with a built-in wood fireplace, providing premium space for entertaining and relaxation.
The kitchen retains its original turquoise tile and vintage layout, which may be perceived as dated and require significant capital investment for buyers seeking a modern aesthetic.
The property is zoned for schools with inconsistent performance ratings, including a high school with a low rating of 3, which may deter families prioritizing educational proximity.
Welcome to 2835 Chestnut Ave, nestled in the charming Wrigley neighborhood of Long Beach. This classic Spanish Colonial home beautifully blends original architectural character with thoughtful modern updates and versatile living spaces. Enter through a private terra-cotta tiled courtyard into a warm and inviting interior featuring three bedrooms and three bathrooms, along with a formal dining room complete with a cozy window seat and a permitted converted bedroom now serves as a comfortable family room with built-in bookcases, flowing seamlessly through an arched doorway to the patio and backyard. The spacious primary suite offers tiled flooring, three closet spaces, including a walk-in, an en suite bath with preserved original details, built-ins, and direct access to the backyard via a gorgeous wooden encased slider. Additional bedrooms are generously sized, including one with its own three-quarter en suite bath. Refinished original hardwood floors, fresh interior paint, and a brand-new HVAC system provide both style and comfort throughout. The hall bathroom showcases dual original vanities and charming vintage floor tile. The washer/dryer are also located in the hallway in its own closet. The living room is filled with natural light, highlighted by a coved ceiling and a large front window overlooking a lush garden featuring tangerine, grapefruit, dwarf peach, and pomegranate trees, along with a fragrant rose garden. The kitchen retains its vintage charm with turquoise tile countertops, an original pantry wall, additional pantry, breakfast nook, and gas appliances, including a stainless steel refrigerator and stove and dishwasher. Step outside to a private backyard patio—perfect for entertaining, outdoor dining, or simply relaxing by the built-in wood fireplace—offering ample space- including two storage closets, for gardening and enjoying the Southern California lifestyle. Upstairs, a separate-entry studio with its own bathroom and rooftop deck presents excellent income potential and could be converted into a full ADU with the addition of a small kitchen. Additional highlights include coved ceilings, arched doorways, a formal dining room with built-in storage, and timeless architectural details throughout.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 90% |
| Baths | 4.0 | 1.0 | 98% |
| Square foot | 2,325 | 1,273 | 98% |
| Lot Size | 6,502 | 6,000 | 71% |
| Price | $1.10M | $800.0K | 98% |
| Price per sq ft | $473 | $644 | 17% |
| Built year | 1928 | 1940 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 118 | 10% |
May 6, 2026
$1,100,000
Initial Listing
Feb 29, 2000
$275,000
Public Record