Listed by Michael Hickman, Seven Gables Real Estate . Bought with NONMEMBER MRML
$1,102,100
- 1 Bed
- 7 Baths
- 4,262 sqft
321 Chestnut Ave, Long Beach, CA 90802
Est. Refi. Payment $6,825/mo*
Refinance Your HomeCurrently Off Market - Sold May 29, 2024 for $951,000
Home Value
Trulia Estimate
$1.1MSince last month
Decreased$11K (-1%)Since last year
Increased$168K (+18%)Since last sale
Increased$151K (+15.9%)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 +16% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.1M |
| August 2026 | $1.1M |
| July 2026 | $1.11M |
| June 2026 | $1.13M |
| May 2026 | $1.12M |
| April 2026 | $1.12M |
| March 2026 | $1.2M |
| February 2026 | $1.17M |
| January 2026 | $1.07M |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.04 | Multi-Family Home | $1,365,000 | 02/12/26 | 9 | 9 | 7,190 | |
0.41 | Multi-Family Home | $900,000 | 10/03/25 | 4 | 5 | 2,592 | |
0.27 | Multi-Family Home | $1,346,000 | 03/25/26 | 6 | 5 | 2,765 | |
0.56 | Multi-Family Home | $1,020,125 | 01/23/26 | 7 | 6 | 3,432 | |
0.94 | Multi-Family Home | $945,000 | 03/27/26 | 1 | 4 | 1,846 | |
0.17 | Multi-Family Home | $760,000 | 11/12/25 | 3 | 2 | 1,426 | |
0.46 | Multi-Family Home | $760,000 | 10/09/25 | 5 | 3 | 2,248 | |
0.49 | Multi-Family Home | $1,625,000 | 05/28/26 | 7 | 5 | 3,577 | |
0.64 | Multi-Family Home | $930,000 | 06/18/26 | 2 | 2 | 1,926 | |
0.46 | Multi-Family Home | $1,400,000 | 02/26/26 | 8 | 4 | 5,308 |
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 |
|---|---|---|---|---|---|---|
0.02 | $515,100 | 2 | 2 | 910 | Off Market | |
0.02 | $514,600 | 2 | 2 | 1,010 | Off Market | |
0.02 | $519,200 | 2 | 2 | 960 | Off Market | |
0.02 | $528,100 | 2 | 2 | 1,010 | Off Market | |
0.02 | $533,100 | 2 | 2 | 1,010 | Off Market | |
0.02 | $345,100 | 1 | 1 | 564 | Off Market | |
0.02 | $382,700 | 1 | 1 | 497 | Off Market | |
0.03 | $172,000 | Studio | 1 | 240 | Off Market | |
0.04 | $1,650,000 | 9 | 9 | 7,190 | For Sale | |
0.04 | $384,600 | 1 | 1 | 833 | Off Market | |
0.05 | $185,000 | Studio | 1 | 340 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1922
Living Area
4,262 sqft
Price/Sqft
$259
HOA
None
About this House
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!
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!
321 Chestnut Ave, Long Beach, CA 90802 is a 1 bedroom, 7 bathroom, 4,262 sqft multi-family in Downtown, built in 1922. It last sold for the $949,000 asking price on May 29, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,102,100, with a rent estimate of $2,331/month.
Home Details for 321 Chestnut Ave
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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 |
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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 |
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Cumulative Days on Market: 11 |
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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 |
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Price List Price: $949,000 |
Status Change & Dates Off Market Date: Mon May 06 2024 |
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MLS Status: Closed |
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Direction & Address City: Long BeachCommunity: Downtown (Dt) |
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Building Area Building Area: 4262 Square Feet |
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Community Features: SuburbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 2780 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash to New Loan |
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Expense Tenant Pays: Electricity |
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Has Rent Control |
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Mls Number: PW24082445Living Area Range Units: Square FeetCommon Interest: NoneUniversal Property Id: US-06037-N-7280013030-R-N |
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Suburban |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 29, 2024 Source: CRMLS #PW24082445 | Sold | $951,000 |
Market trends in Long Beach
Last updated July 2026
Avg. sale price
$818K
$12.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$646
$17MoM
Available listings
797
3MoM
Around this home
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
27 % Say kids play outside
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 2026-09-02 12:59:00 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 2026-09-02 12:59:00 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 321 Chestnut Ave
- What is 321 Chestnut Ave estimated to be worth?Trulia's estimated value for 321 Chestnut Ave in Long Beach, CA is $1,102,100.
- What is the price history for 321 Chestnut Ave?321 Chestnut Ave in Long Beach, CA last sold for $951,000 in May 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 $818K. That is up $12.5K from the prior month.