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Sold on 01/23/2026
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717 E 8th, Long Beach, CA 90813

  • $1,020,125

    Last sold 01/23/2026 after 134 Days

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    bed

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    bath

Multi-family not for sale
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About 717 E 8th

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 5,001 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
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.
Listed by
Listing Agent - Anthony Walker
Listing Agent Contact: 310-561-4776
Listing Office - Buckingham Investments, Inc
Source: CRMLS mls logo
MLS#SB25232103 • last updated 4 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Quadruplex
Status Closed
Lot Size (Acres) 0.1148
Lot Size (SqFt) 5001
Year Built 1910
Interior
Laundry None
Exterior
Building Area Square Feet, 3432
Roof Composition
Parking Garage Faces Rear
# Uncovered Spaces 3
# Parking Spaces 5
# Garage Spaces 2
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Electric Standard
Pool None
Location
County Los Angeles
Community Features Suburban
Subdivision Downtown (DT), Downtown (DT)
Directions North Of 8th, East Of Atlantic
APN 7274021011
Multifamily Details
Vacancy Allowance Rate 5
Expense: Trash 442
Operating Expense 29479
Cap Rate 5.7
Expense: Insurance 4290
Total Expenses 29479
Expense: Maintenance 3630
Expense: Water/ Sewer 442
Gross Income 97200
Gross Operating Income 92340
Expense: Electric 11
Gross Multiplier 11.3
Gross Scheduled Income 97200
Expense: Fuel 398
Expense: Gardener 325
$1.03M
Range: $952K-$1.11M
Last 30 days 
Rental est.: $1,295/month
Gross rent multiplier: 70.4
  • Jan 2026
    mls logo MLS # SB25232103
  • Jan 23, 2026 Sold
    $1,020,125 (-6.8%)
  • Dec 17, 2025 Pending
    —
  • Nov 6, 2025 Listed
    —
  • Oct 15, 2025 Active
    —
  • Sep 11, 2025 Listed
    $1,095,000
  • Mar 2021
    mls logo MLS # DW21023400
  • Mar 23, 2021 Sold
    $1,095,500
  • Mar 10, 2021 Pending
    —
  • Mar 9, 2021 Listed
    —
  • Feb 22, 2021 Pending
    —
  • Feb 3, 2021 Listed
    $1,095,000 (+26.6%)
  • Mar 2020
    mls logo MLS # IV20003970
  • Mar 9, 2020 Sold
    $865,000
  • Mar 9, 2020 Sold
    $865,000 (+1.8%)
  • Jan 16, 2020 Pending
    —
  • Jan 16, 2020 Pending
    —
  • Jan 7, 2020 Listed
    $850,000
  • Jan 7, 2020 Listed
    $850,000
  • 717 E 8th
    $1.02M
  • Saint Mary
    $530K -1% y/y
  • 90813
    $549K 0% y/y
  • Long Beach
    $700K -2% y/y
No chart available
Statistics calculated by Movoto

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5/10
Stevenson Elementary School
public Grades K-5
Long Beach Unified School District
6/10
Polytechnic High School
public Grades 9-12
Long Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/4/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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