321 Chestnut Ave, Long Beach, CA 90802
OFF MARKET
Listed by Michael Hickman, Seven Gables Real Estate, (714) 731-3777 . Bought with NONMEMBER MRML

321 Chestnut Ave
Long Beach, CA 90802

Downtown
  • 1 Bed
  • 7 Baths
  • 4,262 sqft

$1,115,000

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $5,728/mo*
Refinance Your Home

$1,115,000

Trulia Estimate
as of Jun 14, 2026
Est. Refi. Payment $5,728/mo*
Refinance Your Home
1 Bed
7 Baths
4,262 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to this charming 7-unit apartment building nestled in the heart of downtown Long Beach! Built in 1922, this classic architectural gem offers a unique value-add investment opportunity for those looking to reimagine its potential. With a total of 7 units spread across 4,262 square feet, this property presents a mix of 6 cozy studio units and one spacious 1-bedroom, 1-bathroom unit.
Each studio unit offers a comfortable living space, ideal for urban dwellers seeking simplicity and convenience. The one 1-bedroom unit provides a touch of luxury with additional space and privacy, perfect for a small family or a couple looking for a little extra room.
This historic building exudes character with its timeless architecture, showcasing the charm of a bygone era. From the elegant facade to the intricate detailing, this property captures the essence of classic Long Beach architecture. While the building retains its historic charm, it is in need of updating and renovation, offering a blank canvas for investors to create a modern oasis in a prime downtown location.
Situated in downtown Long Beach, residents will enjoy easy access to a vibrant array of dining, entertainment, and cultural attractions. With its proximity to public transportation, major highways, and bustling city life, this property offers an unbeatable location for urban living.
This is a rare value-add deal, providing investors the opportunity to increase the property's value through renovation, repositioning, and rental optimization. Don't miss out on the chance to own a piece of Long Beach history and transform it into a lucrative investment. Embrace the potential of this 7-unit apartment building and make your mark on downtown Long Beach living!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 31, 2024

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 321 Chestnut Ave

Interior Features

Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 7
Appliances & Utilities
Laundry: None
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: front door

Exterior Features

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

Days on Market

Cumulative Days on Market: 11

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Mixed Use
Building
Not a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 7280013030

Price & Status

Price
List Price: $949,000
Status Change & Dates
Off Market Date: Mon May 06 2024

Active Status

MLS Status: Closed

Location

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

Building

Building Area
Building Area: 4262 Square Feet

Community

Community Features: SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 2780 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash to New Loan

Business

Expense
Tenant Pays: Electricity

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW24082445Living Area Range Units: Square FeetCommon Interest: NoneUniversal Property Id: US-06037-N-7280013030-R-N

Additional Information

Suburban
Last check for updates: about 3 hours ago
Listed by Michael Hickman DRE #01410360
Seven Gables Real Estate
Jerry Jervis DRE #01185627
Seven Gables Real Estate
Bought with: General NONMEMBER DRE #02017092, NONMEMBER MRML
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW24082445

Price History for 321 Chestnut Ave

DatePriceEventSource
05/29/2024$951,000Sold
CRMLS #PW24082445

Market trends in Long Beach

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$828K
$11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$654
$16MoM
Available listings
846
79MoM
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Homeowner tools

Estimated monthly rent$2,294/mo
List your home for rent

Comparable Sales for 321 Chestnut Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
334 W 5th St, Long Beach, CA
0.13
Multi-Family Home
$1,050,000
08/15/25
4
4
2,688
617 W 3rd St, Long Beach, CA
0.04
Multi-Family Home
$1,365,000
02/12/26
9
9
7,190
501 W 8th St, Long Beach, CA
0.41
Multi-Family Home
$900,000
10/03/25
4
5
2,592
237 W 6th St, Long Beach, CA
0.27
Multi-Family Home
$1,346,000
03/25/26
6
5
2,765
717 E 8th St, Long Beach, CA
0.56
Multi-Family Home
$1,020,125
01/23/26
7
6
3,432
1604 Magnolia Ave, Long Beach, CA
1.13
Multi-Family Home
$1,130,000
07/18/25
1
8
3,428
440 N Zona Ct, Long Beach, CA
0.94
Multi-Family Home
$945,000
03/27/26
1
4
1,846
2740 Easy Ave, Long Beach, CA
0.17
Multi-Family Home
$760,000
11/12/25
3
2
1,426
618 W 6th St, Long Beach, CA
0.28
Multi-Family Home
$755,000
06/27/25
4
2
1,354
855 Chestnut Ave, Long Beach, CA
0.46
Multi-Family Home
$760,000
10/09/25
5
3
2,248

Nearby homes

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Assigned Schools

These are the assigned schools for 321 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

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

What Locals Say about Downtown

At least 253 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 93 % Say there are sidewalks

  • 90 % Say it's walkable to restaurants

  • 83 % Say it's walkable to grocery stores

  • 75 % Say streets are well-lit

  • 59 % Say people would walk alone at night

  • 54 % Say car is needed

  • 53 % Say there's holiday spirit

  • 49 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 35 % Say there are community events

  • 32 % Say yards are well-kept

  • 31 % Say parking is easy

  • 29 % Say there's wildlife

  • 28 % Say it's quiet

  • 28 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Mdavis1894
    "I live downtown Long Beach. It’s lively,diverse, a little loud. Easily accessible to multiple modes of transportation, bars, and restaurants. Great spot for young adults, not so much families."
    0
    Flag
  • Nhbcfm85tf
    "Lots of pop ups and street parties in downtown Long Beach Lots of restaurants and activities plus dog parks and the beach "
    0
    Flag
  • Rhon Richardson
    "Like it. I’ve enjoyed my stay here. There is lots to do. Restaurants are nearby as well as grocers. The weather is perfect. And there are so many events here to enjoy."
    0
    Flag
  • Marcsd39
    "Thing change very quickly from 1 block to the next. There are nice hotels and good restaurants. But just be careful walking in areas not very well lit. But yes there are some amazing sights to see and things to do both day and night. "
    1
    Flag
  • Taylor.woodson4
    "As usual , keep your kids close by. Other than that downtown is solid. A lot of different places for different races with solid vibes."
    0
    Flag
  • Trulia User
    "Dog friendly, but watch your step and don't be surprised by the stench. Street cleaners can't keep up, but even worse businesses/apartment complexes don't ever rinse their buildings to assist in keeping the city nice. "
    0
    Flag
  • Trulia User
    "We have the Jazz festivals come every year,The Gospel Fest, entertainment,The Aquarium, The theater, bike rentals, you can go walking on a trail, wow looking at a an amazing Scenery ,the ocean, the beaches, shoreline Village, Lots of shopping shops etc. gorgeous exotic view beautiful sunsets need I say more it is a lot to do nice neighborhood clean just fabulous"
    5
    Flag
  • Trulia User
    "There are many dog owners in the area. It’s definitely dog friendly. They are building a new park on the block "
    0
    Flag
  • Mildred H.
    "Long Beach is a Pet Friendly city love it to death love my pets so for all the pet lovers this is the place to be"
    6
    Flag
  • Maggie F.
    "Within walking distance of multiple train stops. Busses come regularly. Very easy to get around without a car. I commuted to downtown LA for 3 months straight for work. "
    2
    Flag
  • Gene C.
    "Great dog park in the neighborhood and lots of friendly dog owners to socialize with. Plenty of vets and pet services available too. "
    1
    Flag
  • Mallory N.
    "A lot of Dog parks and open grassy areas to walk dogs and allow dogs to play. Many apartment communities allow pets in the home."
    2
    Flag
  • Donna W.
    "Lots to do, walking distance to beach, restaurants, shopping, coffee shops, etc. Multi ethnic groups. "
    15
    Flag
  • Porshatlw
    "It’s extremely dog friendly. There are so many dog owners in this neighborhood that you’ll make friends (2 & 4 legged) easily."
    0
    Flag
  • Nancy C.
    "Walking distance to the Promenade and all sorts of cute cafes and boutiques! Also the Waterfront, boardwalk, and Pike Outlets. I live at Camden Harbor View and it’s great."
    0
    Flag
  • James L.
    "my commute walking around the corner block to vons thats i use public transit which is easy access to except during current pandemic "
    0
    Flag
  • Kelly O.
    "Vegan food fest, Monday night market, taste of DTLB, first fridays, movie nights on pine and on the beach"
    0
    Flag
  • Brett R.
    "Has good access to public transportation but everyone feels unsafe on the trolley train. So I don't use it, to many homeless, drug seeking or psychiatric cases along Long Beach Blvd. and Ocean Ave."
    2
    Flag
  • Kelly O.
    "Lots of pups and parks! Sidewalks aren’t crowded and they are well lit. Most pup owners are courteous and clean up after their pups."
    0
    Flag
  • Kelly O.
    "Vegan food festivals monthly Monday night market Taste of Long Beach Dine Lbc week Pow wow lbc Love festival Music feels good Day parties on the Belmont pier"
    0
    Flag
  • Rabab A.
    "I’ve worked in LA (South Bay Area) and now the OC. Long Beach is one of those magical places where it doesn’t matter which direction you take on the 405. Either way your drive is terrible."
    2
    Flag
  • Nathan J.
    "I take public transit to work every day, transferring from the A Line to the Green Line. LA Metro has lots of annoying delays, but it’s still faster than sitting in traffic all day."
    0
    Flag
  • Judy T.
    "Not enough places for dogs to play off leash . We need larger dog parks downtown.Not enough grass either. And the city does not maintain the dog park anyway. And leash laws are not enforced!"
    0
    Flag
  • Julia
    "I don’t know if many “family” events, but I do see some cool stuff happening in Pine Ave. every now and then "
    1
    Flag
  • Sam D.
    "Very lively and diverse. Great restaurants and shops as well as outdoor activities. Perfect for riding bikes on weekends or beach activities."
    1
    Flag
  • Pamelagreen000
    "Residents love to live, work, and play in their own community. Its vibrant , mature, friendly, and the ocean is right there."
    0
    Flag
  • lucalalee
    "There is always something going on at the Convention Center and Downtown Long Beach has a beautiful night life."
    0
    Flag
  • Trulia User
    "It’s close to 2 really good elementary-schools close to court and police station lots of things to do"
    0
    Flag
  • Heidy
    "There are always events like the Toyota Grand Prix, lobster fest, zombie fest and Long Beach Pride. "
    0
    Flag
  • Marcos G. O.
    "Downtown lifestyle, tons of fun things to do in walking distance. Great diversity of people and tolerance."
    24
    Flag
  • Designsbyrhonda
    "Downtown Long Beach is always bustling with things to do. Food, drinks, movies, entertainment and the convention center are all in my back yard!"
    3
    Flag
  • Unspecified
    "Lived in downtown Long Beach over 10 years I love the environment and the people are very nice. Dog friendly which is a plus! Street parking is difficult."
    3
    Flag
  • Matthew G.
    "The definition of city living. Plenty of places to eat, drink, walk. Don’t count on parking however."
    0
    Flag
  • Kat
    "I’ve lived in this area for a little over two years. It’s very diverse, and friendly and neighbors look out for one another. "
    1
    Flag
  • Therealcaioo
    "It has dirty streets, with no parking space. A lot of people walk with their dogs, but few clean their poop. Trash around everywhere, also the street sweeping doesn’t work well, but they will give you a fine if you leave your car there. "
    4
    Flag

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Homes for sale near 321 Chestnut Ave

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Off Market Homes Near 321 Chestnut Ave

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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 2026-02-09 09:51:42 PST 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
321 Chestnut Ave, Long Beach, CA 90802 is a 1 bedroom, 7 bathroom, 4,262 sqft multi-family built in 1922. 321 Chestnut Ave is located in Downtown, Long Beach. This property is not currently available for sale. 321 Chestnut Ave was last sold on May 29, 2024 for $951,000 (0% higher than the asking price of $949,000). The current Trulia Estimate for 321 Chestnut Ave is $1,115,000.