1273 Chestnut, Long Beach, CA 90813

Long Beach
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1273 Chestnut,Long Beach, CA 90813
$1,199,000
  • - Beds
  • - Baths
  • 3,042 sq. ft.
  • Multi-family
  • Active
Listed by: joshua hammond
Office: compass310-241-3038
MLS#:SB26124554
Source:CRMLS

Price summary

  • Price:$1,199,000
  • Price per sq. ft.:$394.15

About this home

Seize this exceptional income-producing opportunity in the heart of Long Beach. This well-positioned multi-family property delivers immediate cash flow with the added advantage of significant rental upside — an investor's dream in one of Southern California's most dynamic rental markets. Fully tenant-occupied at acquisition, this property offers day-one income with room to grow. Below-market rents provide a clear path to increased returns as leases turn over, making this an ideal value-add play for both seasoned and first-time investors. Strategically located with easy access to major freeways, public transit, and the vibrant energy of Downtown Long Beach, the property benefits from consistently strong rental demand. Tenants enjoy walkable convenience to dining, shopping, entertainment, and employment centers — the kind of location that keeps units filled and turnover low.

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Home facts

  • Year built:1928
  • Listing ID #:SB26124554
  • Added:1 day(s) ago
  • Updated:June 09, 2026 at 11:27 PM

Rooms and interior

  • Living area:3,042 sq. ft.

Structure and exterior

  • Year built:1928
  • Building area:3,042 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Irregular Lot
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,199,000
  • Price per sq. ft.:$394.15

Features and amenities

  • Laundry features:Outside
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