444 Chestnut Ave
Long Beach, CA 90802
Downtown- 9 Beds
- 19 Baths
- 11,928 sqft
9 Beds
19 Baths
11,928 sqft
Local Information
-- mins to
Description
Priced to sell - 9.5 GRM and 6.4% CAP. EARN OVER A 9% CASH ON CASH RETURN AGAINST IN PLACE RENTS. 19 units located blocks from Downtown Long Beach in the Historic District. All units were completely redone in 2018/2019 and are beautifully remodeled. The interior hallways were redone as well and the Seller spent over $400K on CAP EX. New Water Heater in 2023 and over 100 feet of sewer line replaced. No work remains to be done. The building is a two-story walkup with no onsite parking, however, there are parking structures within blocks that tenants can rent from. The building also features onsite laundry in the basement. The building offers an excellent unit mix of Studio, 1 and 2 bed units. The property is Professionally Managed and very well maintained and features onsite laundry. It features a Walk score of 95 and is located just blocks from the bars and restaurants in Downtown Long Beach on Pine Ave. The building is master-metered for all utilities and a new owner could implement a RUBS program increasing the returns. Downtown Long Beach is in the middle of an $8BB Redevelopment with brand new Class A apartments and retail being developed within blocks of this location. Qualified Buyers can put down as little as 27%. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. The Long Beach Airport is undergoing a $37MM remodel for the 2028 Olympics.
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$310
Listed
128 days ago
Home Details for 444 Chestnut Ave
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Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 19 |
Dimensions and Layout Living Area: 11928 Square Feet |
Heating & Cooling Heating: WallNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 3Levels: Multi/Split |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking: None |
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Days on Market: 128 |
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Year Built Year Built: 1927 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 7280011008 |
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Price List Price: $3,697,000Price Per Sqft: $310 |
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MLS Status: Active |
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Direction & Address City: Long Beach |
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Listing Agent Listing ID: 26659109 |
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Building Area Building Area: 11928 Square Feet |
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Lot Area: 7505.388 sqft |
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Special Conditions: Standard |
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Mls Number: 26659109 |
Last check for updates: 1 day ago
Listing courtesy of Jonathan Swire DRE # 01336277, (310) 948-2631
The Agency, (424) 230-3700
Source: CLAW, MLS#26659109

Also Listed on CRMLS.
Market trends in Long Beach
Last updated May 2026
Avg. sale price
$828K
$11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$654
$16MoM
Available listings
846
79MoM
Price History for 444 Chestnut Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/10/2026 | $3,697,000 | PriceChange | CLAW #26659109 |
| 03/30/2026 | $3,698,000 | PriceChange | CLAW #26659109 |
| 03/04/2026 | $3,699,000 | Listed For Sale | CLAW #26659109 |
| 09/26/2022 | ListingRemoved | Zillow Rental Manager | |
| 08/27/2022 | $2,900 | Listed For Rent | Zillow Rental Manager |
| 10/04/2016 | $1,195 | ListingRemoved | Agent Provided |
| 06/20/2016 | $995 | ListingRemoved | Agent Provided |
| 12/01/2012 | $750 | ListingRemoved | Agent Provided |
| 11/01/2012 | $750 | PriceChange | Agent Provided |
| 10/17/2012 | $825 | Listed For Rent | Agent Provided |
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Comparable Sales for 444 Chestnut Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $1,365,000 | 02/12/26 | 9 | 9 | 7,190 | |
0.12 | Multi-Family Home | $3,949,753 | 07/29/25 | 26 | 24 | 10,150 | |
0.26 | Multi-Family Home | $2,590,000 | 10/03/25 | 14 | 10 | 8,945 | |
0.22 | Multi-Family Home | $2,010,000 | 06/15/26 | 14 | 12 | 6,366 | |
0.59 | Multi-Family Home | $1,650,000 | 06/30/26 | 9 | 9 | 7,131 | |
0.77 | Multi-Family Home | $2,450,000 | 05/18/26 | 14 | 16 | 10,464 | |
0.55 | Multi-Family Home | $2,600,000 | 03/06/26 | 3 | 22 | 8,543 | |
0.15 | Multi-Family Home | $1,346,000 | 03/25/26 | 6 | 5 | 2,765 | |
0.35 | Multi-Family Home | $1,400,000 | 02/26/26 | 8 | 4 | 5,308 | |
0.59 | Multi-Family Home | $4,700,000 | 12/05/25 | 24 | 28 | 14,376 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 444 Chestnut Ave.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jonathan Swire, The Agency, (424) 230-3700
Agent Phone: (310) 948-2631

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-07-09 13:11:02 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.

