1273 Chestnut Ave, Long Beach, CA 90813
FOR SALE
Listed by Joshua Hammond, Compass, (310) 241-3038

1273 Chestnut Ave
Long Beach, CA 90813

Willmore City
  • 8 Beds
  • 4 Baths
  • 3,042 sqft

$1,199,000

Est. Mortgage $7,292/mo*
Get Pre-Qualified

$1,199,000

Est. Mortgage $7,292/mo*
Get Pre-Qualified
8 Beds
4 Baths
3,042 sqft

Local Information

  • Map ViewExplore the area around 1273 Chestnut Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$394
Listed
36 days ago

Home Details for 1273 Chestnut Ave

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4
Appliances & Utilities
Laundry: Outside
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1

Exterior Features

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

Days on Market

Cumulative Days on Market: 2Days on Market: 36

Property Information

Year Built
Year Built: 1928
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 7272002030

Price & Status

Price
List Price: $1,199,000Price Per Sqft: $394

Active Status

MLS Status: Active

Location

Direction & Address
City: Long BeachCommunity: Other

Agent Information

Listing Agent
Listing ID: SB26124554

Building

Building Area
Building Area: 3042 Square Feet

Community

Community Features: SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 3674 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Submit

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: SB26124554Living Area Range Units: Square FeetAttribution Contact: 424-903-9319Common Interest: NoneUniversal Property Id: US-06037-N-7272002030-R-N

Additional Information

SidewalksSource Internet Entire Listing Display
Last check for updates: 38 minutes ago
Listing Provided by: Joshua Hammond DRE #01815056, (424) 903-9319
Compass
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB26124554
Also Listed on CRMLS.

Market trends in Long Beach

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$806K
$21.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$662
$8MoM
Available listings
798
50MoM

Price History for 1273 Chestnut Ave

DatePriceEventSource
06/09/2026$1,199,000Listed For SaleCRMLS #SB26124554
03/20/2019$842,000Sold
N/A
01/07/2004$455,000Sold
N/A
12/27/2002$310,000Sold
N/A
08/01/2002$225,000Sold
N/A
06/01/2000$235,000Sold
N/A
09/03/1999$126,500Sold
N/A
02/04/1997$150,307Sold
N/A

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Property Tax and Assessment

Year2025
Tax$12,798
Assessment$939,261
Home facts updated by county records

Comparable Sales for 1273 Chestnut Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1452 Pacific Ave, Long Beach, CA
0.25
Multi-Family Home
$1,097,000
08/13/25
7
4
3,180
1146 Daisy Ave, Long Beach, CA
0.18
Multi-Family Home
$920,000
05/26/26
5
4
2,668
1636 Pacific Ave, Long Beach, CA
0.43
Multi-Family Home
$780,000
03/06/26
7
4
2,667
855 Chestnut Ave, Long Beach, CA
0.32
Multi-Family Home
$760,000
10/09/25
5
3
2,248
501 W 8th St, Long Beach, CA
0.39
Multi-Family Home
$900,000
10/03/25
4
5
2,592
529 W 10th St, Long Beach, CA
0.25
Multi-Family Home
$1,425,000
03/13/26
8
6
3,616
1471 Chestnut Ave, Long Beach, CA
0.24
Multi-Family Home
$1,195,000
12/12/25
10
8
4,276
1727 Pine Ave, Long Beach, CA
0.49
Multi-Family Home
$925,000
10/20/25
8
6
3,423
717 E 8th St, Long Beach, CA
0.55
Multi-Family Home
$1,020,125
01/23/26
7
6
3,432
1526 Cedar Ave, Long Beach, CA
0.33
Multi-Family Home
$1,105,000
01/22/26
7
6
4,464

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1273 Chestnut Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 74 % 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

LGBTQ Local Legal Protections

Joshua Hammond, Compass
Agent Phone: (424) 903-9319
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 2026-07-14 07:27:46 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
1273 Chestnut Ave, Long Beach, CA 90813 is a 8 bedroom, 4 bathroom, 3,042 sqft multi-family built in 1928. 1273 Chestnut Ave is located in Willmore City, Long Beach. This property is currently available for sale and was listed by CRMLS on Jun 9, 2026. The MLS # for this home is MLS# SB26124554.