$10,000 Closing Credit¹
#24457513, Ben Shirvanian, Listing Office: Shirvan Group Inc
#25494519·
Listing Office: Matthews Real Estate Investment Services·
Listing Agent: Kamfar Kyle Mirrafati·
Listing Office Phone: 866-889-0550
1070 Chestnut Ave Long Beach, CA 90813
$3,200,000 List price
12 beds
12 baths
6,571 sqft
0.2 acres
$487 / sqft
House
Property details
About 1070 Chestnut Ave
We are pleased to offer 1070 Chestnut Avenue, a 12-unit condo tract map building located in the heart of the Willmore neighborhood, just north of Downtown Long Beach. This two-story, secured and gated property offers a strong unit mix, comprised of (12) one-bedroom, one-bathroom condominium units each with individual parcel numbers allowing for flexibility to sell units separately. Built in 1956, the property boasts 6,571 rentable square feet on a 7,477 square-foot lot including six (6) parking spaces in the back with tandem parking potential and on-site laundry facility, ensuring tenant convenience. Recent upgrades include a brand-new pitched roof, new sewer lining with Line-X, and new windows, enhancing the property's appeal and efficiency. Each unit is equipped with its own water heater and is separately metered for gas and electricity, reducing operational costs. The tenant profile at 1070 Chestnut Avenue further strengthens the property's stability, with a majority participating in subsidized programs (HACLA or HACLB), ensuring smooth and reliable rent collection. Low operating expenses combined with pride of ownership make this a well-maintained and efficient asset. Whether you choose to hold it as a stabilized investment or sell the condominiums individually, this asset presents a unique opportunity to acquire a well position property in one of Long Beach most densely populated areas with significant long-term growth.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size6,571 sqft
Lot size0.1716 Acres
Year built1956
ParkingPrivate
MLS #25494519
Summary
- MLS Number: 25494519
- MLS Name: CRMLS
- Office Name: Matthews Real Estate Investment Services
- Office Phone: (866) 889-0550
- Listing Agent: Kamfar Kyle Mirrafati
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/14/2025, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,200,000
1070 Chestnut Ave
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Price information
Property sales
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Tax history
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Nearby schools
5
Oropeza Elementary School
Public District KG-5
0.4 mi
•700 Locust Ave
6
Edison Elementary School
Public District KG-5
0.5 mi
•625 Maine Ave
6
Roosevelt Elementary School
Public District KG-5
0.7 mi
•1574 Linden Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,667. Residents of Long Beach, CA typically earn less than $<35k each year. The most common type of family is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
53%
<35k
44%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
26%
Single, with Kids
9%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
30%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1070 Chestnut Ave
This home is located at 1070 Chestnut Ave in Long Beach, CA and zip code 90813 in the The Harbor neighborhood. This 6,571 square foot home, which was built in 1956, sits on a 0.17 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $3,200,000.
Over 63 listings were sold over their listed price in January 2025 in Long Beach, CA. In the same period over 53 listings were sold below the listed price and 35 listings were sold for the listed price. Between December and January 2025, Long Beach, CA real estate market has seen increase in the number of listings by 5.6%. In January 2025 median list price was $825,147 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.