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Every listing shows your estimated rebate.

The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.

At a glance

1940 Chestnut Avenue, Long Beach, CA, 90806

$3,125,000·14 bd·CLAW #26901565

Estimated Arrivva buyer rebate$52,000 to $84,000

Every completed rebate is published: see all 253 closings.

Listing data from CLAW. Listing courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc. Rebate estimate calculated by Arrivva.

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$3,125,000
38 Days On Site

1940 Chestnut Avenue
Long Beach, CA 90806

For Sale|Residential Income|Active
14
Beds
14
Total Baths
9,437
SqFt
$331
/SqFt
1946
Built
County:
Los Angeles
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
1940 Chestnut Avenue1940 Chestnut Avenue1940 Chestnut Avenue1940 Chestnut Avenue
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1940 Chestnut Ave | 14-Unit Stabilized Multifamily in Long Beach. 1946-built asset totaling 9,437 SF on an 8,152 SF lot in an established residential corridor one block from major employment and transit corridors in one of Los Angeles' most durable rental submarkets. The property features a (10) 2+1 / (2) Studio / (2) 3+2 unit mix averaging 674 SF with separate utility metering - a cost-efficiency advantage in this dense urban environment. Twelve units are currently occupied and every occupied unit is below market, with in-place rents averaging $1,899.64/month against market rents of $2,003.57, and two units positioned to lease at market rate with zero capital expenditure. Offered at $3,125,000 ($223,214/unit | $331.14/SF) with a 7.08% in-place cap rate, the real story is what's underneath - a 7.62% pro forma cap and $16,904 in incremental annual NOI as two market-ready vacant units lease through straightforward execution with no renovation required.

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Listing Snapshot
Price 
$3,125,000
Days On Site 
38 Days
Bedrooms 
14
Inside Area (SqFt) 
9,437 sqft
Total Baths 
14
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.187 Acres
Year Built 
1946
MLS® Number 
26901565
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoPrice changed to $3,125,000
a month agoListing first seen on site
General Features
Acres 
0.187
Levels 
Multi/Split
Parking 
Driveway
Parking Spaces 
14
Special Circumstances 
Standard
SqFt Total 
9437
Zoning 
LBR2N
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Community Features
MLS Area 
5 - Wrigley Area
Listing courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc.

Based on information from the The MLS as of 2026-10-05 11:34 PM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

Questions about this listing

How much could a buyer get back on 1940 Chestnut Avenue, Long Beach, CA, 90806?
Arrivva estimates a buyer rebate of $52,000 to $84,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
Who is the listing brokerage for 1940 Chestnut Avenue, Long Beach, CA, 90806?
Listing courtesy of Taylor Avakian of Lyon Stahl Investment Real Estate, Inc, per CLAW listing #26901565. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
How do I schedule a tour of 1940 Chestnut Avenue, Long Beach, CA, 90806?
Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk

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