717 E 8th, Long Beach, CA 90813

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
717 E 8th,Long Beach, CA 90813
$1,095,000
  • - Beds
  • - Baths
  • 3,432 sq. ft.
  • Multi-family
  • Active
Listed by: anthony walker, josh ess
Office: buckingham investments, inc
MLS#:SB25232103
Source:CRMLS

Price summary

  • Price:$1,095,000
  • Price per sq. ft.:$319.06

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

  • Year built:1910
  • Listing ID #:SB25232103
  • Added:887 day(s) ago
  • Updated:December 02, 2025 at 11:46 AM

Rooms and interior

  • Living area:3,432 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1910
  • Building area:3,432 sq. ft.
  • Lot area:0.11 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,095,000
  • Price per sq. ft.:$319.06
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