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About This Home
This 0-bedroom, 8-bathroom residential multi family at 328 W 8th St in Long Beach, CA is listed for $1,447,500 ($390 per sqft). Built in 1923, the home offers 3,714 sqft of living space on a 0.06 acres lot.
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.
Key Features
- Built in 1923
- 0.06 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$7,742/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
328 W 8th St
Long Beach, CA 90813
Questions & Answers
This 0-bedroom, 8-bathroom residential multi family at 328 W 8th St is listed at $1,447,500 ($390/sqft). The estimated monthly payment is $6,273 based on 20% down at 6.5% interest.
Key features include: Built in 1923, 0.06 acre lot, 2 stories.
This property is listed by Jonathan Swire and can be reached at 3109482631 or jon@jonswire.com.
