1620 Chestnut Long Beach, CA ^$ 1,350,000

1620 Chestnut

^$ 1,350,000

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Recently Listed

1620 Chestnut

Long Beach, CA, 90813

^$ 1,350,000

Bedrooms9 Baths4.0 Sq 4,028

Monthly Estimate*

^$ 9,324

Listed by Kristen Mussenden, Buckingham Investments, Inc, krissy.m@buckinghaminvestments.com

1620 Chestnut, Long Beach, CA 90813 - Image 1

1620 Chestnut, Long Beach, CA 90813 - Image 2

1620 Chestnut, Long Beach, CA 90813 - Image 3

1620 Chestnut, Long Beach, CA 90813 - Image 4

1620 Chestnut, Long Beach, CA 90813 - Image 5

1620 Chestnut, Long Beach, CA 90813 - Image 6

1620 Chestnut, Long Beach, CA 90813 - Image 7

1620 Chestnut, Long Beach, CA 90813 - Image 8

1620 Chestnut, Long Beach, CA 90813 - Image 9

1620 Chestnut, Long Beach, CA 90813 - Image 10

1620 Chestnut, Long Beach, CA 90813 - Image 11

1620 Chestnut, Long Beach, CA 90813 - Image 12

1620 Chestnut, Long Beach, CA 90813 - Image 13

Multi-Family Home for sale in Long Beach, CA

for $1,350,000 with 9 bedrooms and 4 full baths. This 4,028 square foot home was built in 1917 on a lot size of 0.1723.

Simple, easy-to-own investment property with a great unit mix of (3) 2 bed/1 bath and (1) 3 bed/1 bath. Each unit nicely sized with the building totaling 4,028 sqft overall. Offered at a 12.68 GRM and 4.7% cap rate on current rents, which are at or near market. Updated electrical, most windows replaced, and all units separately metered. Large 7,500 sqft lot with a central courtyard and 4 single-car garages with ADU potential. Just 8 blocks north of Downtown Long Beach and its $8B+ in new development, with the Metro A Line (Blue Line), PCH and the 710 Fwy a few blocks away for easy access to the waterfront, Port and LA.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1723

Year Built

1917

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

SB26242198

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 4

Pool Features None

Year Built 1917

Property Subtype Quadruplex

Gross Income 106464

Community Features Street Lights

County Los Angeles

Net Operating Income 68828

Operating Expense 37636

Insurance Expense 4321

New Construction false

Property Type Residential Income

MaintenanceExpense 3559

Subdivision Name Wrigley Area (WR)

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions From the 710 head East on PCH turn right on Chestnut Ave property will be on your left.

City Long Beach

Entry Location 1

Senior Community Y/N false

Number Of Units Total 4

MLS Area 5 - Wrigley Area

Lot Size Units Square Feet

Lot Size Square Feet 7505

Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange FHA Fannie Mae Freddie Mac VA Loan

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1770

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 6

Property Sub Type Additional Quadruplex

Interior

Total Stories 2

Common Walls No Common Walls

Laundry Features None

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre Yard

Water Source Public

Total Parking 4

Lot Size Area 7505

Number of Buildings 2

Building Area Total 4028

Lot Size Acres 0.1723

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

Kristen Mussenden

Listing Agent

Buckingham Investments, Inc

Broker

krissy.m@buckinghaminvestments.com

Affordability Calculator

$9,324

Per Month

Monthly Principal & Interest: $9,324
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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 ^$1,971,270

Percent of Sale Price 46%

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
11/12/2026	$1,350,000		Listed Price

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1620 Chestnut, Long Beach, CA, 90813 is a Multi-Family Home for sale at $1,350,000 with 4,028 sqft and a lot size of 0.1723. 1620 Chestnut has 9 bedrooms, 4.0 baths, and was built in 1917. 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 7.375% 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 11/12/2026. 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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1620 Chestnut

Multi-Family Home for sale in Long Beach, CA

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