1273 Chestnut, Long Beach, CA 90813
List Price: $1.2M
Listing Status: Active
0Days on Market: 2
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1928
Lot Size: 3,674 sq ft
Private Pool: Yes
MLS Number: SB26124554
About This Property
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.
Listing provided by: Joshua Hammond DRE #01815056 310-241-3038 josh.hammond@compass.com, Compass
Source: CRMLS, MLS #: SB26124554
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.