Listing provided courtesy of Joshua Hammond of Compass. Last updated . Listing information © 2026 Sandicor.
Asking Price: $1,199,000
1273 Chestnut, Long Beach CA 90813
Community:
This ResidentialIncome property was built in and is priced at $1,199,000. Please see the additional details below.
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.
