1070 Chestnut Ave, Long Beach, CA 90813
Property image
Property image
FOR SALE
Listed by Robert Stepp, Keller Williams Realty Downey, (310) 463-2916

$2,800,000

  • 12 Beds
  • 12 Baths
  • 6,480 sqft

1070 Chestnut Ave, Long Beach, CA 90813

Willmore City
Est. Mortgage $17,536/mo*
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Home Highlights

Condo
Built in 1956
$432/sqft
6 Parking Spaces

Local Information

  • Map ViewExplore the area around 1070 Chestnut Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

1070 Chestnut Avenue is a 12-unit multifamily asset located in the Long Beach, California within the Willmore Historic District submarket. The property consists entirely of 1 bedroom / 1 bath units, offering a functional and consistent unit mix with a combination of original character and select interior upgrades. Condo Conversion Optionality: Each unit has a separate APN, creating the potential for future individual condominium sales. The property has benefited from several recent capital improvements, reducing near-term maintenance exposure and enhancing operational stability. These include: New roof, windows, and upgraded electrical system, Line-X sewer line replacement, Recently installed individual water heaters, and Upgraded wall-mounted furnaces in select units. Each unit is individually metered for gas and electricity and features its own water heater, supporting efficient utility management and expense control. The asset produces stable, reliable cash flow, with a majority of tenants participating in subsidized housing programs through Housing Authority of the City of Los Angeles and Housing Authority of the City of Long Beach. This structure provides consistent rental income and mitigates vacancy risk. Additional income is generated through on-site laundry facilities. The property also offers multiple avenues for further revenue growth: Parking Income: Six (6) rear parking spaces present an immediate opportunity to implement parking fees with no additional capital investment, ADU Potential: The rear parking area may support future ADU development, and allowing for increased density and rental income. Situated in Willmore Historic District, the property benefits from convenient access to major transportation corridors, including the nearby 710 Freeway, providing connectivity to employment centers throughout Long Beach and greater Los Angeles.

Home Details for 1070 Chestnut Ave

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 12
Appliances & Utilities
Laundry: Common Area
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Number of Stories: 2Entry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Open Parking Spaces: 6No GarageParking Spaces: 6
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 1Days on Market: 136

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Condominium
Building
Not a New ConstructionAttached To Another StructureHas Additional Parcels
Property Information
Parcel Number: 7272006047Additional Parcels Description: 7272006046, 72720060475, 7272006044, 7272006043, 7272006042, 7272006041, 7272006040, 7272006039, 7272006038, 7272006037, 7272006036

Price & Status

Price
List Price: $2,800,000Price Per Sqft: $432

Active Status

MLS Status: Active

Location

Direction & Address
City: Long BeachCommunity: Willmore District (Wm)

Agent Information

Listing Agent
Listing ID: PW26099843

Building

Building Area
Building Area: 6480 Square Feet

Community

Community Features: UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7477 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, 1031 Exchange

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW26099843Living Area Range Units: Square FeetAttribution Contact: 310-463-2916Common Interest: CondominiumUniversal Property Id: US-06037-N-7272006047-R-N

Additional Information

UrbanSource Internet Entire Listing Display

Around this home

Neighborhood Overview

Willmore City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Willmore City

At least 159 Trulia users voted on each feature.

  • 95 % Say there are sidewalks

  • 82 % Say it's dog friendly

  • 75 % Say it's walkable to restaurants

  • 75 % Say it's walkable to grocery stores

  • 65 % Say car is needed

  • 55 % Say there's holiday spirit

  • 53 % Say streets are well-lit

  • 51 % Say yards are well-kept

  • 50 % Say kids play outside

  • 48 % Say neighbors are friendly

  • 45 % Say people would walk alone at night

  • 44 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 34 % Say it's quiet

  • 31 % Say there are community events

  • 15 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • John Shipp
    "There are great schools. There is an elementary school and a high school school for the performing arts."
    0
    Flag
  • Brittany Williams
    "There’s a fire station on my block makes us feel safe and special. My child walks to school so the area is a safe area for families. "
    3
    Flag
  • Trulia User
    "Dog friendly neighborhood where most people clean up after themselves but there is a lot of trash pets might pick up"
    0
    Flag
  • Trulia User
    "homeless activity it hight here now. wish that was under control better. Parking is horrible, too populated "
    16
    Flag
  • V.selene5
    "It’s a nice neighborhood. But I absolutely hate like that there is no parking. Anywhere!!! They made too many apartments with not enough parking smh"
    1
    Flag
  • Katherine E. W.
    "Access to public transportation is good but A line needs better cleaning service and more security presence. Lots of sketchy opportunistic predators on certain stretches. Local transit is well maintained but schedules don't coordinate well with other lines. "
    2
    Flag
  • Katherine E. W.
    "The local bus service is not coordinated well with the train. The A line to Los Angeles is very unsafe with lots of sketchy characters who will steal your phone when you're not looking."
    1
    Flag
  • Bridget H.
    "Stray small dogs and poop often found around. There are a few dog walkers and they seem to take good care of the dogs."
    0
    Flag
  • Arian M.
    "we need more street lights or stop signs. too many car accidents are happening we also need more parking parking is really hard to find after 5 P.M"
    2
    Flag
  • Bridget H.
    "Aside of alcoholics and murderers nearby people often urinate and defecate in the alleys. This is not a safe area for kids... or even adults after dark. walk with pepper spray."
    6
    Flag
  • Bret R.
    "The blue line is a close walk. The 710 is a mile away. The area is easily accessible. I drive or take the train to compton which takes 15-20 minutes. "
    1
    Flag
  • Marina D.
    "Its pretty densely populated in this area, which means traffic very much depends on the day. Most the time it’s not too bad. I avoid the 710 at all costs and take 7th street always. "
    0
    Flag
  • V.selene5
    "It’s nice to live here. What sucks the most is the parking!! There is NEVER PARKING! People are selfish and the city of Long Beach does not care about the parking situation. That’s a huge issue in this city. Besides that it’s a good place to live in. "
    1
    Flag
  • V.selene5
    "Usually at the Drake park. Or like on Halloween the whole entire neighborhood is out enjoying the time. One thing I hate the most is when cars save parking for each other it’s not fair. Long Beach needs to make more parking!!!"
    3
    Flag
  • Bridget H.
    "Lots of homeless. Dont walk down most alleys past 7pm. It is dangerous. Lots of drunks. Urine in alleys and sometimes feces. I have lived here for 1 year."
    137
    Flag
  • V.selene5
    "They have special summer events at the park. Besides that it’s walking distance to downtown LongBeach and the beach also the The Pike Outlets. I love living here. "
    2
    Flag
  • Sil_ramirez1
    "Lived in this neighborhood for 2 years and there’s no parking, never! People are friendly and walk their dogs everyday. "
    3
    Flag
  • Kjmitch39
    "My neighborhood is quiet, friendly and diverse. It's close to everything, including the Metro train to LA, and the water."
    2
    Flag
  • Kythompson52
    "that we get along well and I know the grocery store people by first name base it's very friendly people who live in this neighborhood "
    1
    Flag

Market trends in Long Beach

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$820K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$649
$3MoM
Available listings
825
28MoM

Home Value

Trulia Estimate
$2.57M
Since last month
Increased$8K (+0.3%)
Since last year
Decreased$469K (-15.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +17% in the last 10 years
MonthEstimated value
2026
September 2026$2.56M
August 2026$2.55M
May 2026$2.68M
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1140 Pacific Ave #19, Long Beach, CA
0.16
Condo
$300,000
04/15/26
2
2
869
1140 Pacific Ave #10, Long Beach, CA
0.16
Condo
$360,000
09/25/25
1
2
731
505 Cedar Ave #2A, Long Beach, CA
0.49
Condo
$390,000
06/08/26
2
2
989
869 Magnolia Ave, Long Beach, CA
0.24
Condo
$510,000
11/19/25
2
2.5
1,056
838 Pine Ave #303, Long Beach, CA
0.30
Condo
$640,000
11/18/25
3
2
1,310
849 Pine Ave #C, Long Beach, CA
0.27
Condo
$640,000
12/30/25
1
1.5
1,539
801 Pine Ave #407, Long Beach, CA
0.30
Condo
$610,000
10/24/25
2
2
1,035
801 Pine Ave #104, Long Beach, CA
0.30
Condo
$560,000
07/01/26
2
2
969
801 Pine Ave #304, Long Beach, CA
0.30
Condo
$504,500
12/26/25
2
2
969
421 W 6th St #208, Long Beach, CA
0.41
Condo
$500,000
07/22/26
2
2
896

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1036 Chestnut Ave, Long Beach, CA 90813
0.04
-
7
7
3,770
Off Market
422 W 11th St, Long Beach, CA 90813
0.05
$722,600
2
1
1,364
Off Market
411 W 11th St, Long Beach, CA 90813
0.05
$883,900
3
2
1,450
Off Market
1123 Cedar Ave, Long Beach, CA 90813
0.04
$2,499,999
17
11
8,350
For Sale
1044 Cedar Ave, Long Beach, CA 90813
0.08
-
12
7
4,766
Off Market
1040 Cedar Ave, Long Beach, CA 90813
0.08
$2,300,000
19
16
8,818
Recently Sold
435 W 11th St, Long Beach, CA 90813
0.07
$1,890,000
14
9
6,395
Recently Sold
326 W 10th St, Long Beach, CA 90813
0.11
$1,125,000
3
2.5
2,120
Recently Sold
1135 N Electric Ct, Long Beach, CA 90813
0.09
$618,300
2
1
825
Off Market
451 W 10th St, Long Beach, CA 90813
0.12
$739,000
2
3
1,306
For Sale
1021 Pacific Ave, Long Beach, CA 90813
0.12
$1,330,000
11
6
4,860
Recently Sold

Price and Tax history

DateEventPrice
May 7, 2026
Source: CRMLS #PW26099843
Listed For Sale
$2,800,000
Mar 27, 2025
Source: CLAW #25494519
ListingRemoved
$3,200,000
Feb 5, 2025
Source: CLAW #25494519
Listed For Sale
$3,200,000

LGBTQ Local Legal Protections

Robert Stepp, Keller Williams Realty Downey
Agent Phone: (310) 463-2916
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-20 01:38:43 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Frequently asked questions about 1070 Chestnut Ave

  • What is the estimated monthly payment for 1070 Chestnut Ave?
    Based on a $2,800,000 list price with 20% down at today's rates, the estimated monthly payment for 1070 Chestnut Ave in Long Beach, CA is approximately $18,009 (about $15,181 principal & interest, $2,753 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1070 Chestnut Ave compare to homes in Long Beach?
    1070 Chestnut Ave in Long Beach, CA is listed at $2,800,000, about 241% above the $820K median sale price in Long Beach.
  • What do residents say about the Willmore City neighborhood?
    Residents describe the Willmore City neighborhood in Long Beach, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Willmore City, Long Beach.
  • What are the closest schools to 1070 Chestnut Ave?
    The closest schools to 1070 Chestnut Ave in Long Beach, CA are Cabrillo High School (rated 3/10), International Elementary School (rated 5/10), Washington Middle School (rated 4/10).
  • Does 1070 Chestnut Ave have laundry facilities?
    Yes, 1070 Chestnut Ave in Long Beach, CA has laundry facilities.
  • Does 1070 Chestnut Ave have parking?
    Yes, 1070 Chestnut Ave in Long Beach, CA has on-site parking.
1070 Chestnut Ave, Long Beach, CA 90813 is a 12 bedroom, 12 bathroom, 6,480 sqft condo built in 1956. 1070 Chestnut Ave is located in Willmore City, Long Beach. This property is currently available for sale and was listed by CRMLS on May 7, 2026. The MLS # for this home is MLS# PW26099843.