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Closed
- Listed price
- $1,100,000
- Listed Sep 1, 2015
- Sold price
- $1,075,000
- Sold Mar 4, 2016
6,456 sqft lot|1937 Built|168 MLS days on market
2165 Chestnut Ave, Long Beach, CA 90806
Property Description
This is an 8 unit two story property. 4 one bedrooms and 4 studios. These rent for $950 and $750 respectively. The sq feet of the 8 units is 5600. Each unit has an individual meter for electricity. The building also has 5 garages, which rent for up to $250 and a room on top of the garages for laundry. This property is only 3.5 miles from the beautiful beach, as well as the Queen Mary and the Aquarium of the Pacific. It is also less than two miles from the 710 and 405 freeways. The city of long beach is also undergoing redevelopment. The port of Long Beach recently signed a 40 year 4.6 billion dollar lease. This will include many upgrades and provide thousands more jobs to the economy. This on top of the New $495 million dollar long beach courthouse that was completed in 2013 shows that long beach is a still growing city, which makes for a great place to invest. 2165 Chestnut would make for a great investment. It provides good cash flow at a 6.72% cap rate as well as the promise of an increased property value of the years. The owner's are very motivated. Act fast or you will miss out!
Listing agent: Richard PilkingtonDRE #01956490rjpilkington@live.com, Listing office: Coldwell Banker Beachside
MLS data updated 10/31/2026, 3:19:00 AM PT
Source: CRMLSMLS #: PW15193767
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,075,000
Mar 4, 2016
Available records22015–2016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90806 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
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.