1620 Chestnut, Long Beach, CA 90813

Long Beach
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1620 Chestnut,Long Beach, CA 90813
$1,350,000
  • 9 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kristen mussenden, matthew mahowald
Office: buckingham investments, inc
MLS#:SB26242198
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,350,000

About this home

Simple, easy-to-own investment property with a great unit mix of (3) 2 bed/1 bath and (1) 3 bed/1 bath. Each unit nicely sized with the building totaling 4,028 sqft overall. Offered at a 12.68 GRM and 4.7% cap rate on current rents, which are at or near market. Updated electrical, most windows replaced, and all units separately metered. Large 7,500 sqft lot with a central courtyard and 4 single-car garages with ADU potential. Just 8 blocks north of Downtown Long Beach and its $8B+ in new development, with the Metro A Line (Blue Line), PCH and the 710 Fwy a few blocks away for easy access to the waterfront, Port and LA.

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Home facts

  • Subdivision & Development:Wrigley Area (WR)
  • Listing ID #:SB26242198
  • Added:1 day(s) ago
  • Updated:November 12, 2026 at 11:31 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,350,000
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