Downtown Area, Alamitos Beach (4) Homes with Multi Family Subtype

Downtown Area, Alamitos Beach (4) Homes with Multi Family Subtype

**Discover the Vibrant Charm of Downtown Alamitos Beach, Long Beach, CA**

Nestled along the stunning coastline of Long Beach, the Downtown Alamitos Beach area is a delightful blend of urban energy and seaside serenity. This vibrant neighborhood is characterized by its eclectic mix of shops, trendy cafes, and cultural hotspots, making it a perfect place for families, young professionals, and retirees alike. The proximity to the beach not only offers breathtaking ocean views but also provides residents with a plethora of recreational activities, from sunbathing to beach volleyball.

In addition to its picturesque surroundings, Downtown Alamitos Beach is known for its diverse real estate offerings, particularly multi-family homes. These properties present a unique opportunity for investors and homeowners alike. With the demand for rental units on the rise, multi-family homes in this area are not just a smart investment; they also foster a sense of community. Imagine living in a vibrant building where neighbors become friends, and shared spaces encourage gatherings and connections.

The architecture of these multi-family homes varies from charming historical buildings to modern developments, catering to a wide range of tastes and lifestyles. Whether you’re looking for a cozy apartment with ocean views or a larger unit perfect for a growing family, the options are plentiful.

Living in Downtown Alamitos Beach means embracing a lifestyle filled with convenience, culture, and coastal beauty. With its dynamic atmosphere and welcoming community, this area truly offers the best of Southern California living. Come explore the possibilities that await you in this enchanting neighborhood!

Newest Downtown Area, Alamitos Beach (4) Homes with Multi Family Subtype

$1,550,000
SB26189366 MLS Active Status The Chestnut Avenue Apartments BLDG.
Welcome to 943 Chestnut Ave, a stunning multi-family income property in the heart of Long Beach, CA. Boasting an impressive 4,344 square feet of thoughtfully designed multi-residential living space on a spacious 7505SF rectangular lot with common driveway off of 10th Street. The property consists of six apartment units in two buildings, majority of tenants are paying market rent, offering an investor an established income stream from day one with an investment opportunity to acquire a stabilized multifamily asset without the immediate need to lease vacant units. Features 12 spacious bedrooms, 6 beautifully renovated kitchen and bathrooms offering ample space for comfortable living or investment opportunities. Inside, you'll find recently updated bathrooms and kitchens equipped with newer cabinetry, granite countertops, a gas stove, refrigerator, and a convenient breakfast bar for dining. The dual-pane windows fill the home with natural light, perfectly complementing the ceramic tile flooring in each apartment. The exterior of the property offers an array of inviting outdoor features, including a barbecue area, common patio, courtyard, terrace and Juliet viewing balcony. There are front patio areas and uncovered courtyard between the front and rear buildings provide additional space to relax and enjoy the both eastern and western exposure. Each unit has a wall heater and some units have window air conditioning units keeping the spaces cool and comfortable year-round. Convenience abounds with community laundry room onsite. This rare Long Beach gem combines functionality, style, and abundant amenities, making it an exceptional opportunity for multi-family living or as an investment property. Don’t miss your chance to explore the potential of this mult-residential 6 unit commercial apartment building offering before it goes live to the open market next week! Conveniently located in Long Beach's 90813 area, the property provides access to Downtown Long Beach, shopping, dining, employment centers, public transportation and major transportation corridors. 943–949 Chestnut Avenue presents an opportunity to acquire or do a 1031 exchange to a fully occupied and maintained 6-unit income property with market-rate rents, historic architectural character, upgraded interiors, freshly painted exterior, on-site laundry and parking for six vehicles. Professionally Managed with a Local Property Management Company and Financials Available Upon Request.

943 Chestnut Avenue, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.