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Spanish-Style Fourplex
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2472 Chestnut Avenue, Long Beach, CA 90806

Four separately metered residences feature one-bedroom plans with flexible den or dining space and shared laundry amenities.

Property SizeContact for details
Days on Market17

Property Features for 2472 Chestnut Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning Public Rec

Building Details

Buildings 2
Units 4
Listing Agency: Seven Gables Real Estate
Listed By: Jack Harriman · License #01920575
Source: Crexi
Added: Aug 21 Changed: Sep 3 Last Checked: Sep 1 at 9:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Seven Gables Real Estate

Investment Insights

Based on property information with market context.

This four-unit residential income property presents a Spanish-style exterior with updated building systems and practical tenant features. Each residence is configured with one bedroom plus a separate den or dining area, providing additional functional space. The rear unit includes a private backyard.

Recent improvements include copper plumbing throughout, updated pressure lines, interior valves, and the main water line, along with ABS waste lines serving all four units. Utilities are separately metered for each residence. The property also includes two garages, two additional off-street parking spaces, and a dedicated laundry room equipped with coin-operated machines. Automatic irrigation serves the grounds. The property is located at 2472 Chestnut Avenue in Long Beach, California, and is identified with Public Rec zoning.

Key Highlights

  • Four‑unit property with one‑bedroom residences
  • Separate den or dining area in every unit
  • Copper plumbing and ABS waste line updates serving all four units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center (Bike/Boat/Book/etc) Store HVAC Service Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,423
Businesses Nearby

Demographics for 90806, CA

41,611
Population
13,106
Households
3.2
Avg Household Size
35
Median Age
22%
College-Educated
72%
High-School Grad
4.9 sq mi
ZIP Area
8,492
Density / Sq Mi
$73,674
Median Household Income
$36,691
Median Earnings
$1,672
Median Rent
$699,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered residences feature one-bedroom plans with flexible den or dining space and shared laundry amenities.
Where is this quadplex located?
The property is located at 2472 Chestnut Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Four‑unit property with one‑bedroom residences; Separate den or dining area in every unit; Copper plumbing and ABS waste line updates serving all four units
More about this property
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