532 Chestnut Ave Long Beach, CA 90802
4,638 Sq. Ft. / 7,505 Sq. Ft., 0.172 acres lot size / Single Family
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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 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.
property details
Type
Single Family
Status
Active
County
Los Angeles
Year Built
1922
Sq. Ft.
4,638
Lot Size
7,505 Sq. Ft., 0.2 acres
Listing Id
CV26052460
Courtesy Of
Monique Gandy - BERKSHIRE HATH HM SVCS CA PROP 909-257-8154
List Office Phone
+1 (909) 980-3100
Interior Features
Living Area Units
Sq. Ft.
Fireplace
Gas
Living Room
Living Room
Appliances
Gas Range
Dryer
Washer
Dryer
Washer
Exterior Features
Parking
Garage
On Street
On Street
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Wall Furnace
Building Area Total
4,638 Sq. Ft.
Architectural Style
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
06/09/2026
06/09/2026
|
Active |
$1,300,000
|
CA Regional MLS (CRMLS) |
|
06/03/2026
06/03/2026
|
Active |
$1,325,000
|
CA Regional MLS (CRMLS) |
|
05/22/2026
05/22/2026
|
Pending |
$1,325,000
|
CA Regional MLS (CRMLS) |
|
03/12/2026
03/12/2026
|
Active |
$1,325,000
|
CA Regional MLS (CRMLS) |
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Market Trends
Source: Constellation1
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