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1273 Chestnut Ave

Long Beach CA 90813

8
4
3674 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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

8 bedrooms
4 bathrooms
3674 sq. ft. lot size
Multi-Family

Property history for 1273 Chestnut Ave

2019
Sold
$825,000
24 Mar 2019

Happy sellers in Long Beach

~%

We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.

Local market activity for 8 bedroom multi families in Long Beach

In the last 12 months, 4 eight-bedroom multi families similar to 1273 Chestnut Ave, have been sold.

This represents a 33% decrease in eight-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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