1471 Chestnut Ave, Long Beach, CA 90813
SOLD
DEC 12, 2025
Listed by Anthony Walker, Buckingham Investments, Inc, (310) 561-4776 . Bought with Buckingham Investments, Inc

$1,195,000

Last sold price
  • 10 Beds
  • 8 Baths
  • 4,276 sqft

1471 Chestnut Ave, Long Beach, CA 90813

Washington School
Est. Refi. Payment $7,630/mo*
Refinance Your Home
Currently Off Market - Sold Dec 12, 2025 for $1,195,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
1526 Cedar Ave, Long Beach, CA
0.14
Multi-Family Home
$1,105,000
01/22/26
7
6
4,464
1430 Chestnut Ave, Long Beach, CA
0.07
Multi-Family Home
$2,140,000
11/13/25
12
12
6,402
1415 Cedar Ave, Long Beach, CA
0.11
Multi-Family Home
$2,020,000
04/29/26
14
10
6,922
1700 Pacific Ave, Long Beach, CA
0.25
Multi-Family Home
$1,900,000
12/19/25
11
10
6,423
1727 Pine Ave, Long Beach, CA
0.30
Multi-Family Home
$925,000
10/20/25
8
6
3,423
1021 Pacific Ave, Long Beach, CA
0.45
Multi-Family Home
$1,330,000
07/27/26
11
6
4,860
529 W 10th St, Long Beach, CA
0.46
Multi-Family Home
$1,425,000
03/13/26
8
6
3,616
1636 Pacific Ave, Long Beach, CA
0.25
Multi-Family Home
$780,000
03/06/26
7
4
2,667
412 E 16th St, Long Beach, CA
0.53
Multi-Family Home
$1,066,000
05/07/26
4
7
4,452

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
1495 Henderson Ave, Long Beach, CA 90813
0.06
-
6
5
4,132
Off Market
1462 Henderson Ave, Long Beach, CA 90813
0.02
$974,900
14
8
2,894
Off Market
1486 Magnolia Ave, Long Beach, CA 90813
0.07
-
4
6
3,027
Off Market
1454 Magnolia Ave, Long Beach, CA 90813
0.07
$979,000
4
-
2,800
For Sale
455 W Cowles St, Long Beach, CA 90813
0.07
$893,400
4
3
1,819
Off Market
1495 Cedar Ave, Long Beach, CA 90813
0.07
$2,191,600
2
14
5,276
Off Market
1584 Chestnut Ave, Long Beach, CA 90813
0.10
$996,300
5
2
2,132
Off Market
1600 Magnolia Ave, Long Beach, CA 90813
0.13
$1,116,800
8
5
3,366
Off Market
1430 Chestnut Ave, Long Beach, CA 90813
0.07
$2,114,900
12
12
6,402
Off Market
1600 Chestnut Ave, Long Beach, CA 90813
0.11
$1,763,200
13
11
7,220
Off Market
1604 Magnolia Ave, Long Beach, CA 90813
0.13
$1,108,800
1
8
3,428
Off Market

Local Information

  • Map ViewExplore the area around 1471 Chestnut Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1925
4,276 sqft
$279/sqft
Garage

About this House

Cheapest full sized 5 unit in the whole city at only $279/square foot. 100% 2 bedroom units: three with 2 baths, two with 1 bath. Average unit size of over 850 square feet. Skip the smaller properties and go straight to commercial positive leverage with rates in the high 5%'s and a 6.2% cap rate on actual rents. Very strong in-place income at 9.8X GRM on actuals with 13% upside to 8.7X GRM and a market cap rate of 7.4%. Electrical main panels and sub-panels replaced in 2000. 3 out of 5 units remodeled and leased in the last 2 years. 5 garages in rear for 1:1 parking ratio.

Convenient location in the Washington neighborhood 1 block from Washington Middle School, currently undergoing a massive $176M reconstruction project. Excellent transit access only a few blocks to the metro blue line rail station, PCH, and the 710 freeway. Just 7 blocks North of Downtown Long Beach, with ongoing new developments of over $8 billion. Over 60% of households within 5 miles are renters with an average household income of over $94,000 (CoStar).
1471 Chestnut Ave, Long Beach, CA 90813 is a 10 bedroom, 8 bathroom, 4,276 sqft multi-family in Washington School, built in 1925. It last sold for the $1,195,000 asking price on Dec 12, 2025. More recently, it was listed as a rental in December 2025 with an asking price of $1,895 per month. That rental listing was removed on January 27, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $3,972/month.

Home Details for 1471 Chestnut Ave

Interior Features

Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 8
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedLaundry: None
Heating & Cooling
No CoolingAir Conditioning: None
Fireplace & Spa
Fireplace: NoneSpa: NoneNo FireplaceNo Spa
Gas & Electric
Electric: Standard
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: FlatFencing: Wrought IronFoundation: RaisedNo Private Pool
Parking & Garage
Number of Garage Spaces: 5Number of Covered Spaces: 5Has a GarageNo Attached GarageParking Spaces: 5Parking: Garage Faces Rear
Pool
Pool: None
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 7

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 7269040030

Price & Status

Price
List Price: $1,195,000Price Per Sqft: $279/sqft
Status Change & Dates
Off Market Date: Mon Oct 13 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: Long BeachCommunity: Downtown (Dt)

Building

Building Area
Building Area: 4276 Square Feet

Community

Community Features: SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 4768 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash to New Loan

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: SB25233625Living Area Range Units: Square FeetAttribution Contact: 310-561-4776Common Interest: NoneUniversal Property Id: US-06037-N-7269040030-R-N

Additional Information

Suburban

Price and Tax history

DateEventPrice
Jan 27, 2026
Source: Zillow Rentals
ListingRemoved
$1,895
Dec 30, 2025
Source: Zillow Rentals
Listed For Rent
$1,895
Dec 12, 2025
Source: CRMLS #SB25233625
Sold
$1,195,000
Dec 4, 2025
Source: CRMLS #SB25233625
Pending
$1,195,000
Oct 13, 2025
Source: CRMLS #SB25233625
Contingent
$1,195,000

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

Around this home

Neighborhood Overview

Washington School
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Washington School

At least 1 Trulia users voted on each feature.

  • 100 % Say neighbors are friendly

  • 100 % Say yards are well-kept

  • 100 % Say it's walkable to grocery stores

  • 100 % Say there are sidewalks

  • 100 % Say it's dog friendly

  • 67 % Say streets are well-lit

  • 67 % Say it's walkable to restaurants

  • 50 % Say kids play outside

  • 50 % Say car is needed

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there's holiday spirit

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Great Cleaner uppers! Lots of changes in 50 years. We definatley need to Address the parking thing. "
    0
    Flag
  • Trulia User
    "We Have Alot of families, Children, & Pets in Our Washington Neighborhood. It Includes About 6, Really Great Picker- uppers here. Also added the occasional tree chained trashcan! I, Would like to see a BLOCK party on Locust! Carnival Style, for the kids. Games, Prizes, Hotdogs, tacos, ect. Would a Before Halloween event, on a block or 2 be permitted? Early Trick or Treat, and carnival games? LOVE IT! "
    0
    Flag
  • Trulia User
    "large community areas with public parks available at convenience. very nice, quite and warm home feeling. secured and well patrolled"
    0
    Flag
  • Crystal M.
    "People do not even stop at stop signs when driving. Ppl do not pick up after their dog nor have them on a leash"
    11
    Flag
  • Miyamoto M.
    "owners do not leach their dogs and sometimes they jump at you besides that they don’t pick up the dog poop and you have a tendency for stepping on it from time to time"
    24
    Flag

LGBTQ Local Legal Protections

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 2026-09-21 01:40:39 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

Frequently asked questions about 1471 Chestnut Ave

  • What is the price history for 1471 Chestnut Ave?
    1471 Chestnut Ave in Long Beach, CA last sold for $1,195,000 in December 2025.
  • Is Long Beach a buyer's or seller's market?
    Long Beach is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Long Beach?
    The median sale price in Long Beach is $820K. That is up $3.33K from the prior month.
  • What are the closest schools to 1471 Chestnut Ave?
    The closest schools to 1471 Chestnut Ave in Long Beach, CA are Cabrillo High School (rated 3/10), Edison Elementary School (rated 3/10), Washington Middle School (rated 4/10).

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