328 W 8th St, Long Beach, CA 90813
328 W 8th St, Long Beach, CA 90813
328 W 8th St, Long Beach, CA 90813
328 W 8th St, Long Beach, CA 90813
328 W 8th St, Long Beach, CA 90813
328 W 8th St, Long Beach, CA 90813
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$ 1,439,000
Est. payment | /mo

8 Baths

3,714 SqFt


Save
$ 1,439,000
Est. payment | /mo
Save

8 Baths

3,714 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,714 sqft

Price per Sqft $387

MLS Listing ID 26633867

Year Built 1923

Lot Size 2,400 Sqft

Acres 0.0551

Property Sub-Type Multi-Family

Property Description

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 8.7%). 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. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Qualified Buyers can put down as little as 25% with excellent bank financing.

Location

State CA

County Los Angeles

Area Downtown Area, Alamitos Beach

Zoning LBPD10

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by The Agency

Nearby Locations

Eddie Arnez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 305-1314

earnez@rodeore.com

12345 Ventura Blvd, Studio City, CA, 91604, USA

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328 W 8th St