717 E 8th, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
717 E 8th,Long Beach, CA 90813
$1,095,000
  • 7 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:anthony walker
Office:buckingham investments, inc
MLS#:SB25232103
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,095,000

About this home

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.

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Home facts

  • Listing ID #:SB25232103
  • Added:684 day(s) ago
  • Updated:October 06, 2025 at 02:05 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:6

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$1,095,000
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