1273 Chestnut
Long Beach, CA 90813
8
Bed
4
Bath
3,042Sqft
3,674Sqft(Lot)
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, entertainme
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Building Information
Year Built: 1928 Building Area Total: 3,042 -
Pool Features
NoneLaundry Features
Outside
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0843 -
Lot Size Source: Assessor Lot Size Square Feet: 3674
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Listing Price Information
Original List Price: 1,199,000 Listing Contract Date: 2026-06-08 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7272002030
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Other Property Info
Source Listing Status: Active Source Neighborhood: 4 - Downtown Area, Alamitos Beach Directions: anaheim to chestnut Source Property Type: Residential Income Area: 4 - Downtown Area, Alamitos Beach Property SubType: Quadruplex -
Building and Construction
Property Age: 98 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1235-1237 E 15th Street, Long Beach, CA, 90813 | $1,500,000 | -- | -- | 3,419 | 3,419 SqFt |
| 1056 Hoffman, Long Beach, CA, 90813 | $1,599,999 | 3 | 3 | 2,560 | 2,560 SqFt |
| 926 E 11th, Long Beach, CA, 90813 | $890,000 | 4 | 4 | 1,358 | 1,358 SqFt |
| 411 E 8th, Long Beach, CA, 90813 | $815,000 | 4 | 2 | 1,768 | 1,768 SqFt |
| 1454 Magnolia, Long Beach, CA, 90813 | $1,090,000 | 1 | -- | 2,800 | 2,800 SqFt |
| 1030 Daisy, Long Beach, CA, 90813 | $1,150,000 | 6 | 3 | 1,885 | 1,885 SqFt |
Similar Multifamily To 1273 Chestnut
Nearby For Sale
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ByOwner last updated this listing 06/11/2026 @ 09:05
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