310 West 8th Street

Long Beach, CA 90813

$2,799,000
Price
14
Beds
10
Baths
8,945 Sq. Ft.
$313 / Sq. Ft.
8,945
Sq. Ft.
$313
per Sq. Ft.

Description

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...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.
  1. Listed by Jonathan Swire • DRE #01336277 • Brokerage DRE #01738973 • The Agency

Property Details for 310 West 8th Street

Zoning
LBPD10
Parcel Number
7272019009
Total Units
8.0
Living Area
8945
Source Living Area
Vendor Enhanced
Area
Downtown Area, Alamitos Beach (4)
Vacancy Rate
0%
Lot Size Area
7506
LISTING UPDATED: 02/07/2025 12:01 AM

Property Details for 310 West 8th Street

StatusActive
MLS #25491925
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1929
Lot Size0.17 AC / 7,506 SF
CountyLos Angeles County

Building Information for 310 West 8th Street

Stories2Residences-Year Built1929Building Size-Lot Size0.17 AC / 7,506 SF

Property Information for 310 West 8th Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Income
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $250,000
  • Net Operating Income: $165,000.00
  • Gross Income: $250,000
  • Cap Rate: 5.90%
  • Gross Rent Multiplier: $11.10
  • Total Annual Expense: 78000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1723
  • Lot Size Square Feet: 7506
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 8
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 4
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-30-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,183,246.00
  • Assessed Improvement Percent: 35.12
  • Assessed Land Value: $2,186,088.00
  • Assessed Land Percent: 64.88
  • Assessed Total Value: $3,369,334.00

Property History for 310 West 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 310 West 8th Street

Taxable ValueLand$2,186,088Additions$1,184,046Total$3,370,134
Tax Record2024$43,884 ($3,657 / month)
Home Facts
Total Finished SqFt8,945 SqFtAbove Grade Finished SqFt8,945 SqFtLot Size7,504 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningLBPD10CountyLOS ANGELESAPN7272-019-009

Schools near 310 West 8th Street

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
International Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Cabrillo High School
Public9 to 12

Renaissance High School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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310 West 8th Street is a multi-family home for sale in Long Beach, CA 90813. This property was listed for sale on January 30, 2025 by The Agency, it's currently listed at $2,799,000. It has been on the market for a total of 36 days and was last sold on January 14, 2021. This listing's school district is Long Beach Unified School District. Nearby schools include International Elementary School, Washington Middle School and Cabrillo High School. 310 West 8th Street is a 14-bed, 10-bath, 8,945 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Jonathan Swire, DRE #01336277

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.