1273 Chestnut AVE, Long Beach, CA 90813 (MLS # SB26124554)

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PRICE $1,199,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 3,042 sqft
LOT SIZE 3,673 sqft

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.

DAYS ON MARKET 8 LAST UPDATED 6/8/2026
TRACT Other YEAR BUILT 1928
COMMUNITY 4 - Downtown Area, Alamitos Beach COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA 4 - Downtown Area, Alamitos Beach
LOT 3672 sq ft
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 3674
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
SUBDIVISION Other
WATER Public
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Listed with Compass

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