Compass
Listed by Compass
$1,199,000
1273 Chestnut
Details
APN 7272002030
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 2
Acreage 0.084
Zoning Assessor
Multifamily | 4 Units
Marketing 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.
Listing Contacts
Compass
Listed by Compass
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Zoning
CCA CommercialRetail CommercialCommunity Commercial Automobile Oriented
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View all 155 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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