Wrigley Area (5) Homes with Multi Level Stories

Wrigley Area (5) Homes with Multi Level Stories

Welcome to the Wrigley area of Long Beach, California, a vibrant neighborhood that perfectly blends suburban charm with urban convenience. Nestled in the heart of Los Angeles County, Wrigley is known for its friendly atmosphere, tree-lined streets, and diverse community. With its close proximity to downtown Long Beach, residents enjoy easy access to a variety of shopping, dining, and entertainment options, while still relishing the tranquility of a residential neighborhood.

One of the standout features of homes in Wrigley is the availability of multi-level stories. These thoughtfully designed residences not only provide ample living space but also offer unique layouts that cater to modern lifestyles. Whether you’re looking for a cozy family home or a stylish space to entertain guests, the multi-level homes in Wrigley are equipped to meet your needs. Many properties boast spacious living rooms, gourmet kitchens, and expansive outdoor areas, perfect for enjoying California’s sunny weather.

Additionally, the Wrigley area is home to several parks and recreational facilities, making it an ideal location for families and outdoor enthusiasts. The community is also served by excellent schools, ensuring that residents have access to quality education. With its rich history, vibrant culture, and diverse real estate options, Wrigley is a hidden gem in Long Beach that invites you to explore all it has to offer. Come discover your dream home in this delightful neighborhood, where every day feels like a vacation!

Newest Wrigley Area (5) Homes with Multi Level Stories

1940 Chestnut Avenue, Long Beach
$2,775,000
14 Beds ⋅ 14 Baths ⋅ 26901565 MLS ⋅ Active Status
1940 Chestnut Ave | 14-Unit Stabilized Multifamily in Long Beach. 1946-built asset totaling 9,437 SF on an 8,152 SF lot in an established residential corridor one block from major employment and transit corridors in one of Los Angeles County's most durable rental submarkets. The property features a (10) 2+1 / (2) Studio / (2) 3+2 unit mix averaging 723 SF with separately metered electric - a cost-efficiency advantage in this dense urban environment. Twelve units are currently occupied and eleven of twelve occupied units are below market, with rents averaging $1,899.64/month against market rents of $2,003.57, and two units positioned to lease at market rate with zero capital expenditure. Offered at $2,775,000 ($198,214/unit | $294.06/SF) with an 8.13% current cap rate, the real story is what's underneath - an 8.74% pro forma cap and $16,905 in incremental annual NOI as rents mark to market through straightforward execution with no renovation required.

1940 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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