Teriann McKenna
TM Real Estate Services
(424) 396-2889
10 Total Sales
1 in Washington School
$253,000 Price
1633 Chestnut Ave Long Beach, CA 90813
Washington School Neighborhood
12
Beds
10
Baths
7,357
Sq Ft
7,482
Sq Ft Lot
About This Home
As of January 2025GREAT INVESTMENT OPPORTUNITY! This property is a 10 unit building with a mix of 2 units of 2BD/2BR and 8 units of 1BD/BR. All units have been renovated back in 2018 and a new electrical main panel has been installed in 2024. This property is conveniently located near Downtown long beach, Long beach convention center, Pike outlets, Shoreline Village, and more.
Last Agent to Sell the Property
Freddy Okuda
ADW Management USA, Inc. Brokerage Phone: 310-955-7613 License #02073148 Listed on: 06/24/2024
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Property Details
Home Type
- Apartment
Year Built
- Built in 1958
Lot Details
- 7,482 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Single Garage Door
Home Design
- Entry on the 1st floor
Interior Spaces
- 7,357 Sq Ft Home
- 2-Story Property
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 12 Bedrooms
- 10 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 28 / 6
- Tax Tract Number 8
- Assessor Parcel Number 7269038023
- $1,924 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 10 Units
- Downtown Subdivision
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $535
- Fuel Expense $2,199
- Gardener Expense $1,925
- Insurance Expense $6,381
- Maintenance Expense $5,000
- Other Expense $1,000
- Pest Control $729
- Professional Management Expense $7,898
- Trash Expense $2,178
- Water Sewer Expense $2,900
- New Taxes Expense $29,174
- Operating Expense $59,919
- Gross Income $7,800
- Net Operating Income $131,617
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2024
Closed on
Dec 13, 2024
Sold by
Kazunari Tsunaba
Bought by
Seller's Agent
Freddy Okuda
ADW Management USA, Inc.
Buyer's Agent
Lin Xia
Wetrust Realty
List Price
$2,190,000
Sold Price
$2,130,000
Premium/Discount to List
-$60,000
-2.74%
Views
18
Purchase Details
Closed on
Nov 15, 2018
Sold by
Adw No 1 Llc
Bought by
Tsunaba Kazunari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2018
Sold by
Tsunaba Kana
Bought by
Tsunaba Kazunari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 7, 2018
Sold by
Bossart Jane Varner
Bought by
Adw No 1 Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Washington School, CA
-
Teriann McKenna
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
151 Total Sales
1 in Washington School
$663,000 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
144 Total Sales
2 in Washington School
$275K - $283K Price Range
-
Melissa Barlow
Melissa Barlow
Responds QuicklyElite Representation Real Estate
(424) 704-9071
43 Total Sales
1 in Washington School
$1,150,000 Price
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
19 Total Sales
1 in Washington School
$610,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
1 in Washington School
$505,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,130,000 | Chicago Title Company | ||
| Tsunaba Kazunari | $2,230,000 | First American Title Insuran | |
| Tsunaba Kazunari | -- | First American Title Company | |
| Adw No 1 Llc | $1,460,000 | Ticor Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/28/2025 01/28/25 | Sold | $2,130,000 | -2.7% | $290 / Sq Ft |
| 07/16/2024 07/16/24 | Pending | -- | -- | -- |
| 06/24/2024 06/24/24 | For Sale | $2,190,000 | -- | $298 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $33,701 | $2,172,600 | $714,000 | $1,458,600 |
| 2025 | $33,701 | $2,487,603 | $892,413 | $1,595,190 |
| 2024 | $32,245 | $2,438,827 | $874,915 | $1,563,912 |
| 2023 | $31,695 | $2,391,008 | $857,760 | $1,533,248 |
| 2022 | $29,755 | $2,344,127 | $840,942 | $1,503,185 |
| 2021 | $29,144 | $2,298,164 | $824,453 | $1,473,711 |
| 2019 | $28,728 | $2,231,600 | $800,000 | $1,431,600 |
| 2018 | $14,301 | $1,055,825 | $397,600 | $658,225 |
| 2016 | $11,071 | $834,088 | $323,633 | $510,455 |
| 2015 | $5,269 | $343,154 | $137,560 | $205,594 |
| 2014 | $5,291 | $336,433 | $134,866 | $201,567 |
Source: Public Records
Agents Affiliated with this Home
-
FO
Seller's Agent in 2025
Freddy Okuda
ADW Management USA, Inc.
-
Lin Xia
LX
Buyer's Agent in 2025
Lin Xia
Wetrust Realty
(626) 888-9808
1 in this area
56 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24128850
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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