Keegan Cin | Realtor® | License # DRE 01971604

Property

Long Beach, CA 90813 310 W 8th Street

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Presented By: Jonathan Swire with The Agency;
  • MLS# 25491925
  • 01/30/2025
  • Request Tour
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  • Beds • 14
  • Baths • 10
  • SQFT • 8,945
  • Garage • 4
  • Year Built • 1929

Home Details

PRICED TO SELL. 10 units located blocks from Downtown Long Beach where over $8BB in Redevelopment is happening. Subject to AB 1482 Rent Control (5% + CPI increases). 3 structures on a the lot. All units have been heavily remodeled with new kitchens, baths, flooring and W/D's. 5.9% CAP and only $313/SF. Property has new windows, landscaping, lighting and garage doors and is professionally managed. Electrical was redone in 2020. All units have W/D's in them. 4 garages with additional parking for 4 cars outside. Garages are leased for $675/month total. EMAIL LISTING AGENT FOR MORE INFO INCLUDING A RENT ROLL AND OM.
Presented By: Jonathan Swire with The Agency;

Interior Features for 310 W 8th Street

Bedrooms

Total Bedrooms14

Bathrooms

Half Baths0
Total Baths10
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 310 W 8th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.9
Carport Y/NNo
CityLong Beach
CoolingNone
CountyLos Angeles
Directions8 units close to Downtown Long Beach.
Electric On Property Y/NNo
Full Baths
Garage Spaces4.0
Garage Y/NYes
Gross Income250000.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7506.0
Lot Size UnitsSquareFeet
MLS Area4 - Downtown Area, Alamitos Beach
MobileHomeRemainsYNNo
Net Operating Income165000.0
New ConstructionNo
Number Of Units Total8
Open Parking Spaces4.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1929
ZoningLBPD10

Exterior for 310 W 8th Street

Building Area Total8945.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1723
Lot Size Area7506.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking8.0

Additional Details

Price History

Keegan Cin

Team Lead
Price $2,799,000
MLS#25491925
List Date 01/30/2025
Property Type Multi-Family
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