$1,199,000
 $6,436 est/mo Sourced by Back At You

1273 Chestnut,Long Beach, CA 90813

Long Beach, CA 90813

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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.

Details

MLS #SB26124554
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1928
Days On Site87
Listing Provided ByCompass | Joshua Hammond

Features

SQ Feet3,042
Story(s)2
Units4
Building(s)2
Acreage0.08

Exterior

Lot FeaturesIrregular Lot

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area4 Downtown Area | Alamitos Beach
Community NameOther
Listing VS Median (in Other)
Price:
$1,199,000
low | high
Med:
$810,000
82.443703085905% of Average
sqft:
3,042
low | high
Med:
796
100% of Average
$ / sqft:
$394
low | high
Med:
$1,018
100% of Average
On site:
87
low | high
Med:
69
100% of Average
Sourced by Back At You

Market Activity 90813

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Additional Information

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Contact

Learn More About This Property

Jeff Rayborn

Jeff Rayborn

Desert Lifestyle Properties

02062886 (323) 833-5529jeff@desertlifestyleproperties.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area4 Downtown Area | Alamitos Beach
Community NameOther
Listing VS Median (in Other)
Price:
$1,199,000
low | high
Med:
$810,000
82.443703085905% of Average
sqft:
3,042
low | high
Med:
796
100% of Average
$ / sqft:
$394
low | high
Med:
$1,018
100% of Average
On site:
87
low | high
Med:
69
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $899K - $1.498M
sqft: 2,000 - 3,500
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Listing Updated: August 21, 2026 at 11:03:25 PM PDT
Jeff Rayborn
License #: 02062886
(323) 833-5529
Desert Lifestyle Properties - 200 N Sunrise Way Ste.B.
Palm Springs, CA 92262

Jeff Rayborn - Desert Lifestyle Properties