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328 W 8th St, Long Beach, CA, 90813

--beds
8baths
3,714sqft
$1,447,500
$390price/sqft
$9,204/moest. monthly cost
$368,160/yrincome needed

About This Home

PRICED TO SELL AT 9.7 GRM. 8 units (all studios) in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.0%). NO Local Rent Control in Long Beach. Located on a beautiful, quiet, tree lined street just blocks from Downtown Long Beach. All units have been updated including new kitchens, baths and paint. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). The property is professionally managed and well maintained. All units have W/Ds in them. There is no onsite parking, but there is a lot of street parking. Qualified Buyers can put down as little as 25% with excellent bank financing. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

Getting Around

90
WalkingWalker's Paradise
72
TransitExcellent Transit
89
BikeVery Bikeable

Schools

4/10
Washington Middle SchoolGrades 6-80.6 mi
3/10
Cabrillo High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1923

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bathrooms: 8

Heating & Cooling

  • Heating features: Wall
  • Cooling features: None

Interior Area

  • Total structure area: 3,714
  • Total interior livable area: 3,714 sqft

Property

Details

  • Zoning: LBPD10
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 2,400 sqft

Parking

  • Parking features: None