$1,199,000

1273 Chestnut, Long Beach, CA 90813

8 beds |
4 baths

Multi-Family Home
Built in ——
3,672sqft lot
—— car garage
$——/sqft
Listed 4 days ago

Property 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.

Listing Status:: Active
Date Added:: June 8, 2026
Data Last Updated:: June 13, 2026 at 10:11PM
Listing Office:: Compass : 310-241-3038
Listing Agent:: Joshua Hammond : 424-903-9319
MLS ID:: SB26124554

Pool: N/K

General: 2 Story

Originating MLS: California Regional MLS
County: Los Angeles

Zoning: Assessor7272002030

Source: California Regional MLS

This listing courtesy of Joshua Hammond , Compass

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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