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1273 Chestnut
For Sale $1,199,000
$1,199,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 3,674 Sq Ft
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,199,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1928 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 7272002030 |
| MLS # | SB26124554 |
| Property ID | 322918826 |
| Lot Sqft | 3,674 |
| Zoning | Unknown |
| Total Units | 4 |
| Days on Market | 11 |
| Original List Price | $1,199,000 |
| Date Updated | June 10, 2026 |
| Date Created | June 08, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $6,830 | $0 |
| Net Income (Yr) | $ 76,360 |
Listing Provided By
Joshua Hammond an agent of . Lic #01815056
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 10, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT