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328 W 8th St, Long Beach, CA 90813

$880,000

Last sold 07/31/2016 after 59 Days

—
bed
1
bath

House not for sale

About 328 W 8th St

Property type House

Neighborhood

Year built 1923

HOA fee $0/month

Lot size 2,400 Sqft

Rental estimate

Property description

This value add property is located between Chestnut Avenue and Cedar Avenue, and it is conveniently located near the 710 Freeway and downtown Long Beach. This Spanish style property consists of one building two-stories tall and is constructed on a raised foundation, wood-framed stucco, with a flat roof. The property has a total of eight units that consists of all studios. This property is in a great location, low maintenance, easy to lease and has the opportunity to add value by raising the rents. The bui

Listed by

Listing Agent - George Bustamante

Listing Office - Coldwell Banker Commercial

Source: San Diego MLS

MLS#PW16118606 • last updated 6 years ago

Movoto checked San Diego MLS for data 7 minutes ago

Overview
Cooling/AC	N/K
Levels/Style	2 Story
Status	SOLD
SubType	Res Income 2-4 Units
MLS #	PW16118606
Lot Size (SqFt)	2400
Year Built	1923

Exterior
Lot Desc	Sidewalks

Amenities / Utilities
Water Heater	Gas
Sewer/ Septic	Sewer Connected
Water Source	Meter On Property
Pool Desc	N/K

Location
Neighborhood	Willmore District (WM)
County	Los Angeles
APN	7272019004
Directions	East Of Pacific Ave

Multifamily Details
Unit 1: # Total Baths	1
Tenant Pays	Cable TV
# of Units w/Refrigerator	8
Total # of Units	8
# of Units w/Range/Oven	8
Gross Rent Multiplier (Actual)	11.5
Gross Scheduled Income	76440

Rental est.: $1,344/month

• Gross rent multiplier: 54.6

Lower your payment with the loan terms that fit you.

Apr 2026
MLS # 26633867
Apr 8, 2026 Pending
—
Mar 30, 2026 Price Change
$1,447,700
Mar 23, 2026 Price Change
$1,448,000
Mar 13, 2026 Price Change
$1,449,000
Jan 6, 2026 Listed
$1,450,000 (-4.7%)
Feb 2019
MLS # RS18268001
Feb 24, 2019 Sold
$1,521,000
Feb 22, 2019 Sold
$1,521,000
Feb 10, 2019 Pending
—
Dec 28, 2018 Active
—
Dec 27, 2018 Price Change
$1,550,000 (-4.3%)
Nov 13, 2018 Price Change
$1,620,000 (+4.5%)
Nov 6, 2018 Listed
$1,550,000 (-9.9%)
Nov 6, 2018 Listed
$1,720,000 (+95.5%)
Feb 2019
Public Records
Feb 21, 2019 Sold
$1,521,000 (-1.9%)
Aug 2016
MLS # PW16118606
Aug 1, 2016 Sold
$880,000
Jul 31, 2016 Sold
$880,000
Jun 20, 2016 Pending
—
Jun 2, 2016 Listed
$880,000
Jun 2, 2016 Listed
$880,000 (+36.4%)
Jul 2016
Public Records
Jul 29, 2016 Sold
$880,000
Sep 2013
MLS # S723087
Sep 9, 2013 Sold
$645,000
Jan 15, 2013 Listed
$650,000 (-5.8%)
Sep 2013
Public Records
Sep 6, 2013 Sold
$645,000 (-0.8%)
Apr 2005
Public Records
Apr 22, 2005 Sold
$690,000

Year Property taxes Tax assessment
2024
$21,960 +1.8%

$1,664,552 +2.0%
2023
$21,579 +6.6%

$1,631,937
2022
$20,251 +2.1%

$1,631,937 +4.04%
2021
$19,838 +0.3%

$1,568,612
2020
$19,787

$1,568,612

328 W 8th St
$880K
Willmore City
$621K +41% y/y
90813
$550K +10% y/y
Long Beach
$699K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
743 N Del Rey Ct, Long Beach, CA 90813	$603,000	2/2	803	0.01
746 Chestnut Ave, Long Beach, CA 90813	$806,000	2/2	1,274	0.02
735 Cedar Ave #26, Long Beach, CA 90813	—	1/1	203	0.02
711 Cedar Ave, Long Beach, CA 90813	$967,000	3/2	1,531	0.05
337 W 7th St, Long Beach, CA 90813	$947,000	5/2	1,394	0.05
750 Cedar Ave, Long Beach, CA 90813	$713,000	3/1	1,014	0.06
347 W 7th St, Long Beach, CA 90813	$946,000	4/2	1,764	0.06
701 Cedar Ave, Long Beach, CA 90813	$1,127,000	8/3	2,666	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.