1273 Chestnut Long Beach, CA ^$ 1,199,000

1273 Chestnut

^$ 1,199,000

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Recently Listed

1273 Chestnut

Long Beach, CA, 90813

^$ 1,199,000

Studio Baths1.0 Sq 3,042

Monthly Estimate*

^$ 7,382

Listed by Compass

1273 Chestnut, Long Beach, CA 90813 - Image 1

1273 Chestnut, Long Beach, CA 90813 - Image 2

Studio

Multi-Family Home for sale in Long Beach, CA

for $1,199,000 with 1 full bath. This 3,042 square foot home was built in 1928 on a lot size of 0.0843.

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.

Multi-Family Active

Price

^$ 1,199,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.0843

Year Built

1928

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26124554

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 0

Pool Features None

Year Built 1928

Stories Count 2

Levels Two

Property Subtype Quadruplex

Gross Income 81960

Community Features Sidewalks

County Los Angeles

Net Operating Income 76360

Operating Expense 5600

Insurance Expense 2000

New Construction false

Property Type Residential Income

Subdivision Name Other

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions anaheim to chestnut

City Long Beach

Entry Location 1

Senior Community Y/N false

Number Of Units Total 4

MLS Area 4 - Downtown Area Alamitos Beach

Lot Size Units Square Feet

Lot Size Square Feet 3674

Number of Units Leased 4

Listing Terms Submit

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Trash Expense 0

Water Sewer Expense 3600

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 7

Total Actual Rent 6830

Property Sub Type Additional Quadruplex

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features Outside

Entry Level 1

Exterior

Lot Features Irregular Lot

Water Source Public

Total Parking 0

Lot Size Area 3674

Number of Buildings 2

Building Area Total 3042

Lot Size Acres 0.0843

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Compass

Broker

josh.hammond@compass.com

Affordability Calculator

$7,382

Per Month

Monthly Principal & Interest: $7,382
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,865,007

Percent of Sale Price 56%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/9/2026	$1,199,000		Listed Price

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1273 Chestnut, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,199,000 with 3,042 sqft and a lot size of 0.0843. 1273 Chestnut is a studio with 1.0 baths and was built in 1928. The property's zip code is 90813 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1273 Chestnut

Multi-Family Home for sale in Long Beach, CA

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