532 Chestnut Ave Long Beach, CA 90802
West Village NeighborhoodHighlights
- 0.17 Acre Lot
- 4-minute walk to Pacific Station
- Laundry Room
- Lawn
- Two Homes on a Lot
- 3 Car Garage
About This Home
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.
Listing Agent
BERKSHIRE HATH HM SVCS CA PROP Brokerage Phone: 909-257-8154 License #01939272 Listed on: 03/12/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1922
Lot Details
- 7,505 Sq Ft Lot
- Lawn
- Back and Front Yard
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- On-Street Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,638 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Living Room with Fireplace
- Gas Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Two Homes on a Lot
Listing and Financial Details
- Legal Lot and Block 12 / 59
- Tax Tract Number 575902
- Assessor Parcel Number 7280002008
- $1,320 per year additional tax assessments
Community Details
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Additional Features
- 6 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,327 | $912,998 | $607,740 | $305,258 |
| 2024 | $12,327 | $895,097 | $595,824 | $299,273 |
| 2023 | $12,113 | $877,547 | $584,142 | $293,405 |
| 2022 | $11,387 | $860,341 | $572,689 | $287,652 |
| 2021 | $11,135 | $843,472 | $561,460 | $282,012 |
| 2020 | $11,105 | $835,224 | $555,703 | $279,521 |
| 2019 | $10,976 | $818,856 | $544,807 | $274,049 |
| 2018 | $10,670 | $802,809 | $534,125 | $268,684 |
| 2016 | $9,809 | $771,252 | $513,385 | $257,867 |
| 2015 | $9,427 | $759,668 | $505,674 | $253,994 |
| 2014 | $9,385 | $744,788 | $495,769 | $249,019 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $1,325,000 | -- | $286 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $655,000 | Chicago Title Co | |
| Grant Deed | $442,500 | Ltc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $286,000 | Commercial | |
| Previous Owner | $309,750 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26052460
APN: 7280-002-008
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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. Properties may or may not be listed by the office/agent presenting the information
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