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Closed
- Listed price
- $1,750,000
- Listed Feb 12, 2014
- Sold price
- $1,700,000
- Sold May 1, 2014
8,150 sqft lot|1987 Built|80 MLS days on market
1918 Chestnut Ave, Long Beach, CA 90806
Property Description
Drive by only, tenants are not aware of sale! Premium quality, custom built in 1987, this fully gated complex is located close to schools, shopping, the Long Beach Memorial Hospital, and the 405 and 710 freeways. With over 10,000 square feet of living space, there are ten 2 bedroom/2 bath units and two 1 bedroom/1 bath units, all with private covered balconies and all units are generous sized with exceptional floorplans. Ground level garage parking for 19 cars, and an additional 3 uncovered spaces. Additionally, there is an on site laundry with owned machines for extra income. In the past 2 years, 7 of the 12 units were renovated and upgraded with porcelain tile floors, two tone paint, and partially remodeled kitchens and baths. Total monthly rental revenue is approximately $13,000, and there is assumable financing of 4.43% fixed for eight more years! Fully occupied, many of the tenants have called the complex home for several years. Priced below average cost per door of the most recent sales for 1987 and newer buildings in Long Beach, and this complex has larger, two bedroom, two bath units, with nicer amenities and more highly upgraded units.
Listing agent: William Van TasselDRE #01833898business1broker@netzero.net, Listing office: Power Brokers Realty
MLS data updated 11/1/2026, 1:37:11 AM PT
Source: CRMLSMLS #: SB14029777
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,700,000
May 1, 2014
Available records22014
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90806 · Nov 2026
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No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90806 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.