Listed by Tyler Leeson, Marcus & Millichap RE Invest, (714) 713-9086 . Bought with Marcus & Millichap RE Invest
$1,720,500
- 13 Beds
- 11 Baths
- 7,220 sqft
1600 Chestnut Ave, Long Beach, CA 90813
Est. Refi. Payment $10,887/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 20, 2024 for $1,850,000
Home Value
Trulia Estimate
$1.72MSince last month
Decreased$11K (-0.6%)Since last year
Decreased$108K (-5.9%)Since last sale
Decreased$130K (-7%)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 decreased by -16% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.72M |
| August 2026 | $1.71M |
| July 2026 | $1.73M |
| June 2026 | $1.72M |
| May 2026 | $1.69M |
| April 2026 | $1.64M |
| March 2026 | $1.65M |
| February 2026 | $1.67M |
| January 2026 | $1.55M |
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 |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $2,020,000 | 04/29/26 | 14 | 10 | 6,922 | |
0.16 | Multi-Family Home | $2,140,000 | 11/13/25 | 12 | 12 | 6,402 | |
0.17 | Multi-Family Home | $1,900,000 | 12/19/25 | 11 | 10 | 6,423 | |
0.36 | Multi-Family Home | $2,280,000 | 10/06/25 | 15 | 12 | 7,166 | |
0.30 | Multi-Family Home | $1,960,000 | 12/17/25 | 19 | 9 | 7,176 | |
0.23 | Multi-Family Home | $2,700,000 | 05/14/26 | 16 | 14 | 7,780 | |
0.29 | Multi-Family Home | $1,700,000 | 06/30/26 | 17 | 8 | 6,523 | |
0.47 | Multi-Family Home | $1,600,000 | 04/14/26 | 11 | 11 | 7,226 | |
0.47 | Multi-Family Home | $1,890,000 | 05/13/26 | 14 | 9 | 6,395 | |
0.11 | Multi-Family Home | $1,195,000 | 12/12/25 | 10 | 8 | 4,276 |
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 |
|---|---|---|---|---|---|---|
0.01 | $1,008,400 | 5 | 2 | 2,132 | Off Market | |
0.01 | $1,522,900 | 8 | 6 | 2,750 | Off Market | |
0.06 | $1,904,200 | 12 | 10 | 7,357 | Off Market | |
0.08 | $1,105,000 | 7 | 6 | 4,464 | Recently Sold | |
0.07 | $660,000 | 3 | 2 | 965 | Off Market | |
0.10 | $2,223,500 | 2 | 14 | 5,276 | Off Market | |
0.11 | $1,195,000 | 10 | 8 | 4,276 | Recently Sold | |
0.12 | - | 6 | 5 | 4,132 | Off Market | |
0.11 | $1,130,300 | 8 | 5 | 3,366 | Off Market | |
0.11 | $1,125,100 | 1 | 8 | 3,428 | Off Market | |
0.11 | $638,100 | 3 | 2 | 1,410 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1948
7,220 sqft
$238/sqft
Garage
About this House
1600 Chestnut Avenue is an 11-unit multifamily investment opportunity located in Long Beach, CA. Situated on a 0.17-acre parcel, 1600 Chestnut Avenue features a mix of 9, one-bedroom units and 2, two-bedroom units above 4 garage spaces in the rear of the property. The property offers an attractive range of amenities including an on-site laundry facility, gated pedestrian access, and three garage spaces in the rear of the property. These garage spaces offer ownership the opportunity for significant additional income. The property represents a unique value-add opportunity with ample upside. With current rents well below market rates, new ownership could complete a comprehensive renovation of the units, allowing them to achieve significant rental premiums compared to non-renovated units. 1600 Chestnut Avenue benefits from its excellent location, just North of Downtown Long Beach, providing residents with convenient access to an abundance of retail, dining, and entertainment options, as well as employers. 1600 Chestnut Avenue is available in conjunction with the adjacent 2-unit property located at 1584 Chestnut Avenue.
1600 Chestnut Ave, Long Beach, CA 90813 is a 13 bedroom, 11 bathroom, 7,220 sqft multi-family in Washington School, built in 1948. It last sold for $1,850,000 on Mar 20, 2024 (8% below the $2,000,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,720,500, with a rent estimate of $3,258/month.
Home Details for 1600 Chestnut Ave
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Beds & Baths Number of Bedrooms: 13Number of Bathrooms: 11 |
Appliances & Utilities Laundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: First Level |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageParking Spaces: 3Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 2 |
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Year Built Year Built: 1948 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 7269039008 |
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Price List Price: $2,000,000 |
Status Change & Dates Off Market Date: Sun Feb 18 2024 |
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MLS Status: Closed |
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Direction & Address City: Long Beach |
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Building Area Building Area: 7220 Square Feet |
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Community Features: Curbs, Gutter(s), SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7405.2 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
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No Rent Control |
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Mls Number: OC24033371Living Area Range Units: Square FeetAttribution Contact: 714-713-9086Common Interest: Community ApartmentUniversal Property Id: US-06037-N-7269039008-R-N |
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CurbsGutter(s)Sidewalks |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 20, 2024 Source: CRMLS #OC24033371 | Sold | $1,850,000 |
Mar 13, 2024 Source: CRMLS #OC24033371 | Pending | $2,000,000 |
Feb 19, 2024 Source: CRMLS #OC24033371 | Contingent | $2,000,000 |
Feb 16, 2024 Source: CRMLS #OC24033371 | Listed For Sale | $2,000,000 |
Market trends in Long Beach
Last updated August 2026
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
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.
LGBTQ Local Legal Protections
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 2026-09-18 00:45:26 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-18 00:45:26 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 1600 Chestnut Ave
- What is 1600 Chestnut Ave estimated to be worth?Trulia's estimated value for 1600 Chestnut Ave in Long Beach, CA is $1,720,500.
- What is the price history for 1600 Chestnut Ave?1600 Chestnut Ave in Long Beach, CA last sold for $1,850,000 in March 2024.
- 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.
- Does 1600 Chestnut Ave have laundry facilities?Yes, 1600 Chestnut Ave in Long Beach, CA has laundry facilities.