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

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

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

Nestled along the picturesque coastline of Long Beach, the Downtown Alamitos Beach area is a vibrant community that perfectly blends urban living with beachside relaxation. Known for its stunning ocean views, eclectic dining options, and rich cultural scene, this neighborhood is a haven for those seeking a dynamic lifestyle in Southern California.

The heart of Downtown Alamitos Beach is its lively promenade, where residents and visitors alike can enjoy a leisurely stroll along the sandy shores or indulge in the local art scene at nearby galleries. The area boasts an array of dining experiences, from trendy cafes to gourmet restaurants, ensuring that every culinary craving is satisfied. With the iconic Long Beach Museum of Art and the bustling Pine Avenue nearby, there’s always something to explore.

For those interested in investment opportunities, the Downtown Alamitos Beach area features a variety of multi-family homes that cater to diverse lifestyles. These properties offer an excellent chance for homeowners and investors alike, providing the potential for rental income while enjoying the perks of beachside living. Whether you’re looking for a cozy duplex or a larger multi-unit building, the options here are abundant and appealing.

Imagine waking up to the sound of waves and the scent of ocean air, all while being just steps away from the vibrant downtown life. With its unique blend of community spirit, accessibility, and stunning coastal beauty, Downtown Alamitos Beach is not just a place to live—it's a lifestyle waiting to be embraced. Come discover your new home in this enchanting coastal gem!

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

943 Chestnut Avenue, Long Beach
$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.

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