West Village Multifamily Investment
For Sale
Contact for pricing
Pending
532 Chestnut, Long Beach, CA 90802
Charming 6-unit property in Long Beach's desirable West Village.
Property SizeContact for details
Days on Market158
Property Features for 532 Chestnut
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
2
Stories
2
Units
6
Listing Agency:
BERKSHIRE HATH HM SVCS CA PROP
(909) 980-3100
Listed By:
Monique Gandy · License #01939272
Source:
Crexi
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 6:37AM
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 BERKSHIRE HATH HM SVCS CA PROP
Investment Insights
Based on property information with market context.
Located in the West Village neighborhood of Downtown Long Beach, the property at 532 Chestnut Avenue is a 6-unit multifamily property constructed in the 1920s. The property retains classic architectural character and features mature landscaping, along with a well-maintained courtyard. The unit mix includes five 1-bedroom / 1-bath units and one 3-bedroom / 1-bath unit. Each unit is equipped with a stove and refrigerator. Residents have access to a coin-operated community washer and dryer on site. Garage and street parking are available. The property includes outdoor areas with greenery, mature fruit trees, and shared courtyard spaces. The property is situated near Downtown Long Beach, local dining, shopping, transportation, and coastal amenities. The property is not subject to local Long Beach rent control and falls under California AB 1482 (CPI + 5% annual rent increase guidelines).
Key Highlights
- Located in the desirable West Village neighborhood of Downtown Long Beach.
- Not subject to local Long Beach rent control; falls under California AB 1482 (CPI + 5% annual rent increase guidelines).
- Charming 6‑unit multifamily property with strong rental potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,886
Businesses Nearby
Explore this area
Business Placement
Demographics for 90802, CA
41,686
Population
25,055
Households
1.7
Avg Household Size
37
Median Age
44%
College-Educated
88%
High-School Grad
6.5 sq mi
ZIP Area
6,413
Density / Sq Mi
$72,152
Median Household Income
$52,011
Median Earnings
$1,855
Median Rent
$546,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Charming 6-unit property in Long Beach's desirable West Village.
Where is this apartment building located?
The property is located at 532 Chestnut Long Beach, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Located in the desirable West Village neighborhood of Downtown Long Beach.; Not subject to local Long Beach rent control; falls under California AB 1482 (CPI + 5% annual rent increase guidelines).; Charming 6‑unit multifamily property with strong rental potential.
