About 1273 Chestnut
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.
Features of 1273 Chestnut
| MLS® # | SB26124554 |
|---|---|
| Price | $1,199,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.08 |
| Year Built | 1928 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 1273 Chestnut |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| Subdivision | Other |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Irregular Lot |
|---|
Additional Information
| Date Listed | June 8th, 2026 |
|---|---|
| Days on Market | 95 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joshua Hammond |
|---|---|
| Office | Compass |