821 Chestnue Avenue is a four-unit apartment property located in the Willmore City neighborhood of Long Beach, California. Long Beach is an attractive rental market with numerous employment drivers, including California State University, Long Beach and the Port of Long Beach. Additionally, apartments in Long Beach are not subject to rent control restrictions. The offering is a two-story building that comprises four one-bedroom/one-bathroom units. Two of the units have large den room areas that could function as second bedrooms. The building is situated on a large 7,500-square foot lot that offers ample tenant parking, which is accessible via a side alley. The property also boasts strong curb appeal. 821 Chestnut Avenue is an excellent opportunity for a value-add investor to rehabilitate and reposition the asset in order to realize significant rental upside.