About 310 8th Street
PRICED REDUCED AND READY TO SELL. 10.7 GRM and 6.2% CAP against in place rents. 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. 10.7 GRM and 6.2% CAP and only $302/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.
Features of 310 8th Street
| MLS® # | 25491925 |
|---|---|
| Price | $2,699,000 |
| Sold Price | $2,590,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 8,945 |
| Lot Sqft | 7,506 |
| Acres | 0.17 |
| Year Built | 1929 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 8 |
Community Information
| Address | 310 8th Street |
|---|---|
| Area | 4 - Downtown Area, Alamitos Beach |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90813 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Assigned |
| # of Garages | 4 |
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | January 30th, 2025 |
|---|---|
| Date Sold | October 3rd, 2025 |
| Days on Market | 202 |
| Zoning | LBPD10 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jonathan Swire |
|---|---|
| Office | The Agency |