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  • Bedroom
  • Living
  • Other
  • Bath
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345 W 8th St, Long Beach, CA 90813

$775,000
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    bed

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    bath

Multi-family for sale 7 hours

About 345 W 8th St

Property type Multi-family
Neighborhood
Year built 1940
HOA fee $0/month
Lot size 2,500 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
EXCEPTIONAL MULTI-UNIT INVESTMENT OPPORTUNITY IN A PRIME LONG BEACH LOCATION! Ideally situated where Metro Row meets Downtown Long Beach, this exceptional property offers an outstanding opportunity for investors or owner-occupants looking to generate rental income. Unit 345: Beautifully updated 1-bedroom, 1-bathroom unit featuring abundant natural light, a comfortable living room, kitchen, and indoor laundry area, bonus room in the basement, not included in the reported square footage, offers flexibility for a home office, media room, or additional storage. Unit 347: Updated 1-bedroom, 1-bathroom unit featuring a kitchen equipped with a stove and refrigerator, along with indoor laundry hookups. Additional 1-bedroom, 1-bathroom unit features a newly updated kitchen and bathroom, stove, refrigerator, and its own laundry area with washer and dryer. the Property also features beautifully converted basement area currently configured as an additional living space, offering a kitchen, 1 bedroom 1 bathroom and laundry area with washer and dryer. This space provides flexibility and potential for a variety of uses Additional features include a gated driveway, garage, and rear access. All 2 units offer comfortable living spaces and individual laundry amenities, making this property an attractive income-producing opportunity. Perfect for an owner-occupant looking to live in one unit while generating rental income from the other two, or for investors seeking to expand their real estate portfolio. Conveniently located near Downtown Long Beach, the beach, shopping, restaurants, schools, and major freeways. Whether you are an investor or a first-time multi-unit property buyer, this is an excellent opportunity to own an income-producing property in a desirable Long Beach location. Don’t miss out!
Listed by
Listing Agent - Nurimar Larco
Listing Agent Contact: 562-896-5842
Listing Office - C-21 Astro
Source: CRMLS mls logo
MLS#RS26237073 • last updated 15 hours ago
Movoto checked CRMLS for data 6 minutes ago
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Overview
Levels/Style One, Contemporary
Type Residential Income
SubType Duplex
Status Active
Lot Size (Acres) 0.0574
Lot Size (SqFt) 2500
Year Built 1940
Interior
Appliances Disposal, Refrigerator, Gas Water Heater, Vented Exhaust Fan, Range Hood, Gas Range
Interior Features Ceramic Counters, Granite Counters
Window Features Blinds, Screens
Exterior
Building Area Square Feet, 1462
Parking Driveway
# Parking Spaces 1
# Garage Spaces 1
Lot Description 2-5 Units/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Curbs, Sidewalks
Subdivision Downtown (DT), Downtown (DT)
Directions 8th And Chestnut
APN 7272014014
Multifamily Details
Vacancy Allowance 5
Expense: Trash 3480
Operating Expense 10630
Expense: Insurance 160005
Total Expenses 10630
Expense: Water/ Sewer 810
Gross Income 48370
Expense: Electric 4140
Gross Scheduled Income 59000
Expense: Gardener 600
Lot/ Land Details
Road Frontage City Street
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

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