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328 W 8th Street

Long Beach, CA 90813
  • $1,449,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: 26633867
Price Reduced
$1,449,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,714
    SQFT
  • $390
    $/SQFT
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Jonathan Swire of The Agency (424-230-3700)


Description

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. nit. 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 30%. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171774161
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328 W 8th Street Long Beach, CA 90813

  • Price: $1,449,000
  • Status: Active
  • On Site: 69 Days
  • ID#: 26633867
0
Beds
0
Baths
0
½ Baths
0.06
Acres
3,714
SQFT
$390
$/SQFT
1923
Built
Neighborhood:
4 - Downtown Area, Alamitos Beach
County:
Los Angeles
Area:
4 - Downtown Area, Alamitos Beach
Property Description
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. nit. 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 30%. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Exterior Features

Parking Features None Parking Total 0

Interior Features

Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 6 Gross Income 149000 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 86000 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LBPD10



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-17T00:27:14.963. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_410392748-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_410392748-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_410392748-2.jpg
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Jonathan Swire of The Agency (424-230-3700)