717 E 8th, Long Beach, CA 90813
- $1,020,125
- 7
- BD
- 6
- BA
Listing courtesy of Listing Agent: Anthony Walker (310-561-4776) from Listing Office: Buckingham Investments, Inc.
Selling Office: None MRML.- Sold Price
- $1,020,125
- List Price
- $1,095,000
- Status
- CLOSED
- Days on Market
- 112
- Closing Date
- Jan 23, 2026
- MLS#
- SB25232103
- Subtype
- Residential Income
- Bedrooms
- 7
- Bathrooms
- 6
- Lot Size
- 5,001
- Acres
- 0.11
- Subdivision
- Downtown (Dt)
- Neighborhood
- Downtown (Dt)
Property Description
High income totally updated 4 unit property in Downtown Long Beach with a 4 bed, 2.5 bath front house full of character plus three 1 bed, 1 bath units in the rear. All units recently updated, newer roof, replaced stairs, landscaping and exterior refresh completed. Very well priced on income at 11.3X GRM on actuals and a 5.7% cap rate with upside to 10.7X GRM and a 6.1% cap rate on market rents. 2 garages in rear structure plus driveway parking for 3 cars by the front house. Potential for ADU conversion in rear garages. Separately metered for gas and electric, allowing a low expense building. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 8 blocks to the beach. High income totally updated 4 unit property in Downtown Long Beach with a 4 bed, 2.5 bath front house full of character plus three 1 bed, 1 bath units in the rear. All units recently updated, newer roof, replaced stairs, landscaping and exterior refresh completed. Very well priced on income at 11.3X GRM on actuals and a 5.7% cap rate with upside to 10.7X GRM and a 6.1% cap rate on market rents. 2 garages in rear structure plus driveway parking for 3 cars by the front house. Potential for ADU conversion in rear garages. Separately metered for gas and electric, allowing a low expense building. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 8 blocks to the beach.
Additional Information
- Zoning
- Assessor
- Levels
- Two
- Roof
- Composition
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