Welcome to 1606 Chestnut Ave in Long beach, CA - the crown jewel property of the entire neighborhood! This is a perfect property for an investment portfolio, especially with the property being situated in the fastest growing part of Long Beach, where the area is experiencing the fastest improvement as well. This property is a gorgeous 4 unit - with two units located on the 1st level & two units located on the 2nd level. Two of the units consist of a 2 bed, 2 bath configuration & Two of the units consist of a 2 bed, 1 bath configuration. One type of each configuration is on the 1st level & one type of each configuration the 2nd level. Each unit also comes with laundry located within each unit, making these individual units very attractive to renters. Located in the back of the lot of the property are 4 detached enclosed garage spaces - one for each unit, for ease of parking. The interior of each unit is in immaculate condition - complete with vinyl flooring, LED recessed canned lighting, beautiful quartz countertops throughout the kitchens, Shaker cabinets in each unit, remodeled bathrooms in every unit, newer windows in the entire building, and aesthetic renovations to make the property look most appealing to potential tenants. Additionally, the lot is heavily oversized for the area, and the entire front of the lot is left for an open development concept in the future! Don't let this property get away from you...