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.
AGENT: Joshua Hammond LISTING BROKERAGE: CompassFully 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.
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1273 Chestnut
Long Beach, CA
Property Details
Price:
$1,199,000
MLS #:
SB26124554
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
4downtownareaalamitosbeach
Listed Date:
Jun 8, 2026
Total Sq Ft:
3,042
Lot Size:
3,674 sqft / 0.08 acres (approx)
Year Built:
1928
See this Listing
Schools
Interior
Laundry Features
OUT
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW
Financial
Map
Community
- Address1273 Chestnut Long Beach CA
- SubdivisionOther (OTHR)
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
