532 Chestnut, Long Beach, CA 90802
532 Chestnut, Long Beach, CA 90802
532 Chestnut, Long Beach, CA 90802
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$1,325,000
Est. payment /mo
6 Beds
4 Baths
7,505 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26052460

Bedrooms 6

Lot Size 7,505 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the desirable West Village neighborhood of Downtown Long Beach, 532534 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 Beachs most established neighborhoods.

Location

State CA

County Los Angeles

Zoning Assessor

Direction w Sixth Street and Chestnut Avenue

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 7280002008

Acceptable Financing Exchange

Listing Terms Exchange

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MLS Router / San Diego MLS
Listed by Monique Gandy, DRE#01939272 BERKSHIRE HATH HM SVCS CA PROP 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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