1620 Chestnut, Long Beach, CA 90813

Long Beach
Local realty services provided by:ERA North Orange County Real Estate
1620 Chestnut,Long Beach, CA 90813
$1,350,000
  • - Beds
  • - Baths
  • 4,028 sq. ft.
  • Multi-family
  • Active
Listed by: kristen mussenden, matthew mahowald
Office: buckingham investments, inc310-982-7055
MLS#:SB26242198
Source:CRMLS

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$335.15

About this home

Simple, easy-to-own investment property with a great unit mix of (3) 2 bed/1 bath and (1) 3 bed/1 bath. Each unit nicely sized with the building totaling 4,028 sqft overall. Offered at a 12.68 GRM and 4.7% cap rate on current rents, which are at or near market. Updated electrical, most windows replaced, and all units separately metered. Large 7,500 sqft lot with a central courtyard and 4 single-car garages with ADU potential. Just 8 blocks north of Downtown Long Beach and its $8B+ in new development, with the Metro A Line (Blue Line), PCH and the 710 Fwy a few blocks away for easy access to the waterfront, Port and LA.

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Home facts

  • Year built:1917
  • Subdivision & Development:Wrigley Area (WR)
  • Listing ID #:SB26242198
  • Added:1 day(s) ago
  • Updated:November 13, 2026 at 12:59 PM

Rooms and interior

  • Living area:4,028 sq. ft.

Structure and exterior

  • Year built:1917
  • Building area:4,028 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Yard

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$335.15

Parking

  • Total parking spaces:4
  • Garage:Yes
  • Garage spaces:4
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