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  • 1273 Chestnut

1273 Chestnut, Long Beach, CA 90813

$1,199,000 Approx. USD 0 beds, 0 baths

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Joshua Hammond | josh.hammond@compass.com
Lic#: 01815056
Broker: Courtesy of Compass
Phone: 424-903-9319

Agent Remarks

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 Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# SB26124554
Price: $1,199,000
Beds: 0
Baths: 0
Built in 1928
2 stories
0.08 acres
Lot size: 0.0843
Subdivision: Other
County: Los Angeles
Lot description: Irregular Lot
MLS area: 4 - Downtown Area, Alamitos Beach

Last Updated: 6/10/2026

 Days On Market (DOM): 12

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This listing belongs to the 4 - Downtown Area, Alamitos Beach MLS area

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Lat/Long: 33.782157, -118.196201.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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