$1,199,000
1273 Chestnut AVE
Long Beach, CA 90813
—
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.
Property Details
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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
Courtesy of Compass






