Active

532 Chestnut

Long Beach, CA 90802
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Bed 0

Bed

Bath 0

Bath

SqFt4,638

Sqft

SqFt7,505

Sqft(Lot)

Located in the desirable West Village neighborhood of Downtown Long Beach, 532–534 Chestnut Avenue presents a rare opportunity to acquire a charming 6-unit multifamily property with strong rental potential. Originally built in the 1920s, the property features classic architectural character, mature landscaping, and a well-maintained courtyard setting. The unit mix includes five 1-bedroom / 1-bath units and one spacious 3-bedroom / 1-bath unit, providing a desirable combination of layouts that appeal to a wide range of renters. Each unit is equipped with a stove and refrigerator, and residents have access to a coin-operated community washer and dryer on site. The property offers garage and street parking, along with inviting outdoor areas including lush greenery, mature fruit trees, and s hared courtyard spaces that enhance the residential environment. Ideally situated near Downtown Long Beach, local dining, shopping, transportation, and coastal amenities, this property offers both convenience and long-term investment appeal. Importantly, the property is not subject to local Long Beach rent control and falls under California AB 1482 (CPI + 5% annual rent increase guidelines). This property presents an excellent opportunity for investors seeking a well-located, character-rich asset in one of Long Beach’s most established neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,325,000

AD Id : 76094308

MLS Id : CV26052460

Lot Size : 7,505 Sqft

Living Area Size : 4,638

Year Built : 1922

Garage : 3

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Property Appliances: Gas Range,Dryer,Washer Fireplace: Gas,Living Room
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: Gas,Living Room Has Fireplace: 1

  • Building Information

    Year Built: 1922 Building Area Total: 4,638
  • Pool Features

    None

    Laundry Features

    Common Area,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1723
  • Lot Size Source: Assessor Lot Size Square Feet: 7505

  • Listing Price Information

    Original List Price: 1,325,000 Listing Contract Date: 2026-03-10
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7280002008

  • Garage and Parking

    Garage Description: Garage,On Street

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Parking Fee

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 11 - Westside Directions: w Sixth Street and Chestnut Avenue Source Property Type: Residential Income Area: 11 - Westside Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 104 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Assessor Entry Level: 1 Entry Location: Front Door Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1738 E 4th Street #15, Long Beach, CA, 90802 $279,000 -- 1 398 398 SqFt
1738 E 4th, Long Beach, CA, 90802 $299,998 -- 1 397 397 SqFt
1820 E 2nd, Long Beach, CA, 90802 $5,150,000 -- -- 8,130 8,130 SqFt
1545 E 4th Street, Long Beach, CA, 90802 $1,647,300 7 -- 4,770 4,770 SqFt
1427 E 4th, Long Beach, CA, 90802 $1,999,000 -- -- 5,065 5,065 SqFt
1250 E 4th, #8, Long Beach, CA, 90802 $280,000 1 1 654 654 SqFt
1060 E 6th Street, Long Beach, CA, 90802 $890,000 2 -- 1,548 1,548 SqFt
1042-1048 E Broadway, Long Beach, CA, 90802 $1,749,000 -- -- 3,576 3,576 SqFt
1013 E Appleton #1, Long Beach, CA, 90802 $415,000 2 1 862 862 SqFt
930 E 1st Street #2, Long Beach, CA, 90802 $310,000 1 1 557 557 SqFt

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ByOwner last updated this listing 06/04/2026 @ 08:52

MLS: CV26052460 LISTED BY: Monique Gandy, BERKSHIRE HATH HM SVCS CA PROP 909-980-3100 SOURCE: CRMLS

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