NOT LISTED FOR SALE

943 Chestnut Ave Long Beach, CA 90813

Willmore Neighborhood
12 Beds
6 Baths
4,344 Sq Ft
7,503 Sq Ft Lot

Last Sold August 09, 2016

Last sale price $1,180,000 $272 Per Sq Ft

107 Days on Market

Highlights

  • 0.17 Acre Lot
  • Laundry Room
  • Wall Furnace

About This Home

As of August 2016

Great Investment opportunity: 6 units all 2 Bedroom 1 bath. Remodeled Kitchen in all units, including cabinets, countertops, sinks, and flooring. A new stove was installed in 5 out of the 6 units. Exterior upgrades include: paving entire property including driveway behind garages, new garage doors, and side steel gates recently installed for privacy.

Last Agent to Sell the Property

Eustorgio Villa

Berkshire Hathaway HomeServices California Properties License #01377262 Listed on: 03/15/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Judy Ragland

J. Ragland, Broker License #01229543

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 7,503 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • 4,344 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5758
  • Assessor Parcel Number 7272010009

Community Details

Overview

  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $4,401
  • Trash Expense $300
  • Water Sewer Expense $1,428
  • New Taxes Expense $14,990
  • Gross Income $7,350
  • Net Operating Income $65,081

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1428.00
  • Property Type: Residential Income
  • Parcel Number: 7272010009
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 271.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Outside
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7503.00
  • Price Per Lot Square Foot: 157.27
  • Lot Size Acres: 0.1720

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 7350.00
  • Gross Scheduled Income: 88200.00
  • Insurance Expense: 4401.00
  • Lot Size Area: 7503.0000 Square Feet
  • Net Operating Income: 65081.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 23119.00
  • Rent Control: No
  • Total Actual Rent: 7350.00

Tax Info

  • New Taxes Expense: 14990.00
  • Tax Lot: 2
  • Tax Tract Number: 5758

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $1,180,000 -1.6% $272 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $1,199,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Eustorgio Villa

    Seller's Agent in 2016

    Eustorgio Villa

    Berkshire Hathaway HomeServices California Properties

    (949) 499-5900

    39 Total Sales

    Eustorgio Villa
    Section Image

  • J

    Buyer's Agent in 2016

    Judy Ragland

    J. Ragland, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16054271

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90813 Willmore

943 Chestnut Ave, Long Beach, CA

This home is located at 943 Chestnut Ave, Long Beach, CA 90813 since 15 March 2016. This property was built in 1919. 943 Chestnut Ave is a home located in Los Angeles County with nearby schools including Edison Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

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California Regional Multiple Listing Service (CRMLS) 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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