532 Chestnut Ave, Long Beach, CA 90802
Property image
Property image
FOR SALE
Listed by Monique Gandy, BERKSHIRE HATH HM SVCS CA PROP, (909) 980-3100

532 Chestnut Ave
Long Beach, CA 90802

Downtown
  • 8 Beds
  • 6 Baths
  • 4,638 sqft

$1,300,000

Original price: $1,325,000
Est. Mortgage $7,920/mo*

$1,300,000

Original price: $1,325,000
Est. Mortgage $7,920/mo*
8 Beds
6 Baths
4,638 sqft

Local Information

  • Map ViewExplore the area around 532 Chestnut Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Located in the desirable West Village neighborhood of Downtown Long Beach, 532–534 Chestnut Avenue presents a rare opportunity to acquire a charming 6-unit multifamily property with strong rental potential. Originally built in the 1920s, the property features classic architectural character, mature landscaping, and a well-maintained courtyard setting.
The unit mix includes five 1-bedroom / 1-bath units and one spacious 3-bedroom / 1-bath unit, providing a desirable combination of layouts that appeal to a wide range of renters. Each unit is equipped with a stove and refrigerator, and residents have access to a coin-operated community washer and dryer on site.
The property offers garage and street parking, along with inviting outdoor areas including lush greenery, mature fruit trees, and shared courtyard spaces that enhance the residential environment.
Ideally situated near Downtown Long Beach, local dining, shopping, transportation, and coastal amenities, this property offers both convenience and long-term investment appeal.
Importantly, the property is not subject to local Long Beach rent control and falls under California AB 1482 (CPI + 5% annual rent increase guidelines).
This property presents an excellent opportunity for investors seeking a well-located, character-rich asset in one of Long Beach’s most established neighborhoods.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$280
Listed
114 days ago

Home Details for 532 Chestnut Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 6
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Gas Range, Dryer, WasherDryerLaundry: Common Area,Laundry RoomWasher
Heating & Cooling
Heating: Wall FurnaceNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
Fireplace: Gas, Living RoomSpa: NoneHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: Front Door

Exterior Features

Exterior Home Features
Other Structures: Two On A LotNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageNo Attached GarageParking Spaces: 3Parking: Garage,On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 77Days on Market: 114

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 7280002008

Price & Status

Price
List Price: $1,300,000Price Per Sqft: $280
Status Change & Dates
Off Market Date: Thu May 21 2026

Active Status

MLS Status: Active

Location

Direction & Address
City: Long Beach

Agent Information

Listing Agent
Listing ID: CV26052460

Building

Building Area
Building Area: 4638 Square Feet

Community

Community Features: Street Lights, SidewalksNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7505 sqft

Listing Info

Special Conditions: Standard, Trust

Offer

Contingencies: This will be a seller 1031 exchange and the buyer will need to cooperate.Listing Terms: 1031 Exchange

Business

Expense
Tenant Pays: Parking Fee

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: CV26052460Living Area Range Units: Square FeetAttribution Contact: 909-257-8154Activation Date: Thu Mar 12 2026Back On Market Date: Tue Jun 02 2026Common Interest: NoneStart Showing Date: Thu Mar 12 2026Universal Property Id: US-06037-N-7280002008-R-N

Additional Information

Street LightsSidewalksSource Internet Entire Listing Display
Last check for updates: about 1 hour ago
Listing Provided by: Monique Gandy DRE #01939272, (909) 257-8154
BERKSHIRE HATH HM SVCS CA PROP
Originating MLS: California Regional MLS

Market trends in Long Beach

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$806K
$21.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$662
$8
MoM
Available listings
798
50
MoM

Price History for 532 Chestnut Ave

DatePriceEventSource
06/09/2026$1,300,000PriceChange
CRMLS #CV26052460
06/03/2026$1,325,000PendingToActiveCRMLS #CV26052460
05/22/2026$1,325,000PendingCRMLS #CV26052460
03/12/2026$1,325,000Listed For SaleCRMLS #CV26052460
02/09/2005$655,000Sold
N/A
07/17/2003$442,500Sold
N/A

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Property Tax and Assessment

Year2025
Tax$12,912
Assessment$913,398
Home facts updated by county records

Comparable Sales for 532 Chestnut Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Multi-Family Home
$1,346,000
03/25/26
6
5
2,765
0.31
Multi-Family Home
$1,400,000
02/26/26
8
4
5,308
0.22
Multi-Family Home
$1,365,000
02/12/26
9
9
7,190
0.42
Multi-Family Home
$1,425,000
03/13/26
8
6
3,616
0.43
Multi-Family Home
$1,020,125
01/23/26
7
6
3,432
0.39
Multi-Family Home
$1,625,000
05/28/26
7
5
3,577
0.25
Multi-Family Home
$900,000
10/03/25
4
5
2,592
0.06
Multi-Family Home
$1,050,000
08/15/25
4
4
2,688
0.19
Multi-Family Home
$2,590,000
10/03/25
14
10
8,945

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 532 Chestnut Ave.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

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

  • 27 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Monique Gandy, BERKSHIRE HATH HM SVCS CA PROP
Agent Phone: (909) 257-8154
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 2026-07-16 11:41:24 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
532 Chestnut Ave, Long Beach, CA 90802 is a 8 bedroom, 6 bathroom, 4,638 sqft multi-family built in 1922. 532 Chestnut Ave is located in Downtown, Long Beach. This property is currently available for sale and was listed by CRMLS on Mar 12, 2026. The MLS # for this home is MLS# CV26052460.