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Listed by Joshua Hammond, DRE #01815056 • Compass
$1,199,000
Est. payment /mo
3,674 Sqft Lot
New
1273 Chestnut Long Beach, CA 90813
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26124554
Year Built 1928
Lot Size 3,674 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property 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.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Laundry Other
Exterior
Pool None
Building
Lot Description Irregular
Water District - Public
Others
Tax ID 7272002030
Special Listing Condition Not Applicable
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