E 8th Lot 3
Long Beach, CA, 90813
$1,095,000
Beds
0 Baths
0 SqFt
0.11 Acres
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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.

Property Details

Price:
$1,095,000
MLS #:
SB25232103
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Downtown DT
Neighborhood:
4
Listed Date:
Nov 7, 2025
Total Sq Ft:
3,432
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1910
4Downtown Dt

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Schools

Interior

Laundry Features
NO

Exterior

Community Features
SUB
Parking Spots
5
Roof
CMP

Financial

Gross Operating Income
$92,340
Maintenance Fee
$3,630
Net Operating Income
$62,862

Map

Community

Subdivisions in Long Beach

Market Summary

Current real estate data for Single Family in Long Beach as of Nov 09, 2025
401
Single Family Listed
49
Avg DOM
538
Avg $ / SqFt
$1,012,680
Avg List Price

Property Summary

    Located in the Downtown (DT) subdivision, E 8th Lot 3 Long Beach CA is a Single Family for sale in Long Beach, CA, 90813. It is listed for $1,095,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1910. The average price per square foot for Single Family listings in Long Beach is $538. The average listing price for Single Family in Long Beach is $1,012,680.

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