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1273 Chestnut, Long Beach, CA 90813

Long Beach
Local realty services provided by:CENTURY 21 Experience
1273 Chestnut,Long Beach, CA 90813
$1,199,000
  • - Beds
  • - Baths
  • 3,042 sq. ft.
  • Multi-family
  • Active
Listed by: joshua hammond
Office: compass310-241-3038
MLS#:SB26124554
Source:CRMLS

Price summary

  • Price:$1,199,000
  • Price per sq. ft.:$394.15

About this home

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.

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Home facts

  • Year built:1928
  • Listing ID #:SB26124554
  • Added:1 day(s) ago
  • Updated:June 10, 2026 at 10:33 PM

Rooms and interior

  • Living area:3,042 sq. ft.

Structure and exterior

  • Year built:1928
  • Building area:3,042 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Irregular Lot
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,199,000
  • Price per sq. ft.:$394.15

Features and amenities

  • Laundry features:Outside
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Experience is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Experience, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Peter Gottuso

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