Date
Details
Price
Change
Source
6/08/2026
Listed
$1,199,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,199,000
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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.
Full Property Details
Full Property Details for 1273 Chestnut
General
- Price: $1,199,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26124554
- Updated: 8/7/2026
- Days on Market: 83 days
- Added to Site: 83 day(s) ago
Rooms
Other Rooms
- Laundry: Outside
Additional Information
- Pool Description: None
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: anaheim to chestnut
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,042
- Year Built: 1928
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.0843
- Lot Size (Sq. Ft.): 3,674
- Lot Size Source: Assessor
- Lot Description: Irregular Lot
Financial Considerations
- Price Per Sq. Ft.: $394.15
- Price Per Unit: 299750
Listed by Compass, Joshua Hammond
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Listing agent
— 1273 Chestnut —
Joshua Hammond
Compass
424-903-9319
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1273 Chestnut
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School, Long Beach, CA 625 Maine Avenue, Long Beach, CA 90802 | K-5 | 0.6 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.2 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1273 Chestnut
Tax History
Tax History for 1273 Chestnut
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,798
—
$958,045
2%
2025
$12,798
6%
$939,261
4%
2023
$12,031
6%
$902,790
2%
2022
$11,297
2%
$885,090
2%
2021
$11,064
—
$867,736
1%
2020
$11,035
43%
$858,840
48%
2019
$7,735
3%
$579,913
2%
2018
$7,497
1%
$568,543
2%
2017
$7,418
8%
$557,396
2%
2016
$6,894
4%
$546,468
2%
2015
$6,624
—
$538,261
2%
2014
$6,592
3%
$527,718
—
2013
$6,393
—
$525,333
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1273 Chestnut
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- Single Family
- Active
- Updated 6 hours ago
- 3Beds
- 2Total Baths
- 1,261Sq. Ft.
- Co-op
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 1,100Sq. Ft.
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- Single Family
- Active
- Updated 23 hours ago
- 4Beds
- 3Total Baths
- 2,630Sq. Ft.
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- Multi-Family
- Closed
Sold by Matty (Maria) Hurtado (CalRE#: 01207955)
1273 Chestnut, Long Beach, CA 90813 (MLS# SB26124554) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1273 Chestnut is currently listed for $1,199,000 and was received on June 08, 2026. Want to learn more about 1273 Chestnut? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.