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4,028 sqft

$1,350,000

1620 Chestnut, Long Beach CA, 90813

Price per sqft$335.15
Built in1917
Property size4,028 sqft
Property typeMulti-family
Listed by Kristen Mussenden CA DRE# 02096276 with Buckingham Investments, Inc 407-341-3254

Overview

Active

Listed Nov 11, 2026

Updated 3h ago

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.

$8,982/mo

Est. mortgage payment based on a $1,350,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SB26242198

Interior Features

Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Maintenance Expense
$3,559
Garage
Yes
55+/Senior Community
No
MLS provider logo

Listed by Kristen Mussenden CA DRE# 02096276 with Buckingham Investments, Inc 407-341-3254

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/12/2026 at 2:17 PM UTC Last Checked: 2:17 PM UTC

 

 

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