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For Sale

$1,199,000

3,672 sqft$327/sqft153 days on market

1273 Chestnut AVE

Long Beach, CA 90813

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

3,672

Square feet

1928

Built

Listing narrative

Description

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.

Listing agent (MLS): Joshua Hammond · Listing brokerage (MLS): Compass

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,199,000

Beds

Beds n/a

Type

House

Home Size

3,672 sqft

Baths

Baths n/a

Lot Size

3,672 sqft

Year

1928

Neighborhood

Other

Status

For Sale

Days on Market

153

$ / Sqft

$327

· 8% down, 7% APR, 30yr fixed
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Courtesy of Compass