1620 Chestnut, Long Beach, CA — listing photo 1
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FOR SALENew Listing

1620 Chestnut

Long Beach, CA 90813
7,505 Lot Sq Ft
Built 1917
$1,350,000

Property Overview

Simple, easy-to-own investment property with a great unit mix of (3) 2 bed/1 bath and (1) 3 bed/1 bath. Each unit nicely sized with the building totaling 4,028 sqft overall. Offered at a 12.68 GRM and 4.7% cap rate on current rents, which are at or near market. Updated electrical, most windows replaced, and all units separately metered. Large 7,500 sqft lot with a central courtyard and 4 single-car garages with ADU potential. Just 8 blocks north of Downtown Long Beach and its $8B+ in new development, with the Metro A Line (Blue Line), PCH and the 710 Fwy a few blocks away for easy access to the waterfront, Port and LA.

Home Details

Property type
Residential Income - Quadruplex
Year built
1917
Lot size
7,505 sq ft
Parking
4 spaces
Garage
4 spaces
Stories
2
Days on market
0
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Zero To One Unit Acre
  • Yard

Community, Schools & Utilities

Community

Subdivision
Wrigley Area (WR)

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1620 Chestnut

Long Beach, CA 90813

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Frequently Asked Questions About 1620 Chestnut

Property type: Residential Income

The current asking price is $1,350,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1620 Chestnut. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1917. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Long Beach, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Long Beach property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Kristen Mussenden
MLS ID: SBMUSSKRI

Available property

$1,350,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.