High income totally updated 4 unit property in Downtown Long Beach with a 4 bed, 2.5 bath front house full of character plus three 1 bed, 1 bath units in the rear. All units recently updated, newer roof, replaced stairs, landscaping and exterior refresh completed. Very well priced on income at 11.3X GRM on actuals and a 5.7% cap rate with upside to 10.7X GRM and a 6.1% cap rate on market rents. 2 garages in rear structure plus driveway parking for 3 cars by the front house. Potential for ADU conversion in rear garages. Separately metered for gas and electric, allowing a low expense building. Great location right in Downtown Long Beach just North of the East Village Arts District. Blocks away from St. Mary's hospital, Museum of Latin American Art, rail lines, and $8 billion of new development. Only 8 blocks to the beach.
MLS #
CRSB25232103
MLS Source
California Regional MLS
Days on Site
63
Laundry
None
Roof
Composition
Pool
None
Garage/Parking
Garage, Garage: 2 Car(s)
Listing Agent
Anthony Walker
Buckingham Investments, Inc
License #: 01908153
Phone: –
Co-Listing Agent
Josh Ess
Buckingham Investments, Inc
License #: 02035659
Phone: (310) 982-7055
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
717 E 8th is a Residential Income in Long Beach, CA 90813. This – square foot property sits on a 5,001 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,095,000 and was built in 1910. This address can also be written as 717 E 8th, Long Beach, CA 90813.
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This listing information is up-to-date as of November 07, 2025. For the most current information, please contact Anthony Walker