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… Read More 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. Read Less
Property listed by BERKSHIRE HATH HM SVCS CA PROP, Monique Gandy 310-259-7556
Listing Snapshot
Days Online
19
Last Updated
Property Type
SingleFamilyResidence
Lot Size
0.17 Acres
Year Built
1922
MLS Number
CV26052460
Additional Details
Appliances & Equipment
GasRange, Dryer, Washer
Building
Built in 1922, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: Front Door
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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