$385,000
SOLD APR 24, 2026
2 Beds
2 Baths
926 Sq Ft
0.47 Acres Lot

Sale Details

Date Sold: April 24, 2026

$416 Per Sq Ft

4% Below List Price

60 on Market

Highlights

  • 0.47 Acre Lot
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Open Floorplan
  • Neighborhood Views
  • Bathtub

About This Home

As of April 2026

Welcome to 545 Chestnut Ave Unit 116, a 2-bedroom, 2-bathroom condo ideally located in the heart of Downtown Long Beach, CA. With 976 square feet. This light-filled 2 bedroom, 2 bath unit is freshly painted throughout. This unit has new flooring, and the spacious living room opens to a large window area which makes for a bright environment. The kitchen has original cabinets and ceramic tile countertops, an electric range and oven, and with plenty of storage. There is a primary bedroom that has a private bathroom and sliding closet doors. The second bedroom provides flexibility, whether used as a guest room, office, or personal sanctuary. Both bathrooms are original ready use as is or ready for a remodel to taste. The unit has a single parking space and a large storage cabinet in the gated ground floor parking structure. HOA dues cover essential services such as water, trash, sewer, insurance, and grounds maintenance, allowing for stress-free living. Ideally situated in the heart of downtown, this condo is located 4 blocks from the Metro rail and walking distance to restaurants, shopping and entertainment on Pine Ave. Also, it is near the Convention Center, George Deukmejian Courthouse, Aquarium of the Pacific, Rainbow Harbor, Shoreline Village, 710 Fwy and Pike Outlets. Experience the downtown Long Beach lifestyle. This is a great opportunity for a fist time buyer!

Last Agent to Sell the Property

George Bustamante

Coldwell Banker Commercial Brokerage Phone: 714-856-7017 License #01484265 Listed on: 01/05/2026

Coldwell Banker Commercial

Co-Listed By

Steve Warshauer

Coldwell Banker Commercial Brokerage Phone: 714-856-7017 License #00499477

Last Buyer's Agent

Manpreet Saini

eXp Realty of California Inc License #02101481

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 926 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 25299
  • Assessor Parcel Number 7280001037
  • $257 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 64 Units
  • Lincoln Park Towers Association, Phone Number (714) 508-9070
  • Optimum Professional Property Management HOA
  • Alamitos Beach Subdivision
  • Maintained Community
  • 5-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Dog Park

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0.47 Acres

HOA Fees

$475 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280001037
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 926.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 5
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 415.77
  • Room Type: Main Floor Primary Bedroom, Main Floor Bedroom
  • Bathroom Features: Bathtub

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant, Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Water, Management, Maintenance Front Yard, Sewer, Trash, Controlled Access, Maintenance Grounds
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Association Name: Lincoln Park Towers
  • Phone: 7145089070
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Curbs, Dog Park, Street Lights, Urban, Sidewalks
  • Association Management: Optimum Professional Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 20550.00
  • Lot Size Acres: 0.4718

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20550.0000 Square Feet
  • Number Of Units In Community: 64
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 25299
  • TaxOtherAnnualAssessmentAmount: 257.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2026
Closed on
Mar 10, 2026
Sold by
Long Beach Rescue Mission
Bought by
Acosta Fernando
Seller's Agent
George Bustamante
Coldwell Banker Commercial
Buyer's Agent
Manpreet Saini
eXp Realty of California Inc
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.78%
Original Mortgage
$245,000
Outstanding Balance
$244,761
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$151,588

Purchase Details

Closed on
Dec 23, 2025
Sold by
Elrod Robert
Bought by
Long Beach Rescue Mission
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Type Sale Price Title Company
Grant Deed $385,000 Ticor Title Company Of Califor
Gift Deed -- None Listed On Document
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 Loan Amount Loan Type
Open $245,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 Sold $385,000 -3.5% $416 / Sq Ft
03/06/2026 03/06/26 Pending -- -- --
01/05/2026 01/05/26 For Sale $399,000 -- $431 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $1,748 $117,498 $28,267 $89,231
2024 $1,666 $115,195 $27,713 $87,482
2023 $1,636 $112,937 $27,170 $85,767
2022 $1,539 $110,724 $26,638 $84,086
2021 $1,502 $108,554 $26,116 $82,438
2019 $1,480 $105,337 $25,343 $79,994
2018 $1,447 $103,273 $24,847 $78,426
2016 $1,329 $99,265 $23,883 $75,382
2015 $1,279 $97,775 $23,525 $74,250
2014 $1,277 $95,861 $23,065 $72,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26002033

California Regional Multiple Listing Service (CRMLS)

APN: 7280-001-037

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