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1070 Chestnut, Long Beach, CA 90813

Long Beach
Local realty services provided by:CENTURY 21 Discovery
1070 Chestnut,Long Beach, CA 90813
$2,800,000
  • - Beds
  • - Baths
  • 6,480 sq. ft.
  • Multi-family
  • Active
Listed by: robert stepp
Office: keller williams realty downey562-334-1500
MLS#:PW26099843
Source:CRMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$432.1

About this home

1070 Chestnut Avenue is a 12-unit multifamily asset located in the Long Beach, California within the Willmore Historic District submarket. The property consists entirely of 1 bedroom / 1 bath units, offering a functional and consistent unit mix with a combination of original character and select interior upgrades. Condo Conversion Optionality: Each unit has a separate APN, creating the potential for future individual condominium sales. The property has benefited from several recent capital improvements, reducing near-term maintenance exposure and enhancing operational stability. These include: New roof, windows, and upgraded electrical system, Line-X sewer line replacement, Recently installed individual water heaters, and Upgraded wall-mounted furnaces in select units. Each unit is individually metered for gas and electricity and features its own water heater, supporting efficient utility management and expense control. The asset produces stable, reliable cash flow, with a majority of...

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Home facts

  • Year built:1956
  • Listing ID #:PW26099843
  • Added:1 day(s) ago
  • Updated:May 08, 2026 at 12:39 AM

Rooms and interior

  • Living area:6,480 sq. ft.

Structure and exterior

  • Year built:1956
  • Building area:6,480 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$432.1

Parking

  • Total parking spaces:6
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