Yvette Watson - Coldwell Banker Commercial Real Estate Solutions Logo
New Listing
$1,350,000
 $7,247 est/mo Sourced by Back At You

1620 Chestnut,Long Beach, CA 90813

Long Beach, CA 90813

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Description

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.

Details

MLS #SB26242198
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1917
Days On Site4
Listing Provided ByBuckingham Investments, Inc | Kristen Mussenden

Features

SQ Feet4,028
Garage4
Story(s)2
Units4
Building(s)2
Acreage0.17

Exterior

Lot FeaturesZero To One Unit Acre, Yard

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesStreet Lights

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,350,000
low | high
Med:
$1,490,000
39.62962962963% of Average
sqft:
4,028
low | high
Med:
3,039
74.553128103277% of Average
$ / sqft:
$335
low | high
Med:
$490
3.71113792305% of Average
On site:
4
low | high
Med:
33
12.121212121212% of Average
Sourced by Back At You

Market Activity 90813

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Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90813
Area5 Wrigley Area
Community NameWrigley Area (WR)
Listing VS Median (in Wrigley Area (WR))
Price:
$1,350,000
low | high
Med:
$1,490,000
39.62962962963% of Average
sqft:
4,028
low | high
Med:
3,039
74.553128103277% of Average
$ / sqft:
$335
low | high
Med:
$490
3.71113792305% of Average
On site:
4
low | high
Med:
33
12.121212121212% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.012M - $1.687M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
1876 Henderson Avenue Property Photo 1
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310 W 14th Street Property Photo 1
$1,299,000
310 W 14th Street
Long Beach, CA 90813
426 E 17th Property Photo 1
$1,650,000
426 E 17th
Long Beach, CA 90813
Listing Updated: November 12, 2026 at 6:41:39 AM PST

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions