Long Beach homes
For sale146 days on market
$1,199,000

1273 Chestnut, Long Beach, CA 90813

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Beds
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Baths
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Sq ft

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.

Type
Quadruplex
Year built
1928
Lot
3,674 sq ft
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$7,562/mo
  • Principal & interest$6,063
  • Property tax (est.)$1,149
  • Home insurance (est.)$350

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Joshua Hammond, Compass, 424-903-9319. MLS# SB26124554. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:43 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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