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$1,409,000
$6,000Reward *
328 W 8th Street, Long Beach, CA 90813Listing ID 26633867

328 W 8th Street, Long Beach, CA 90813

Active
Time on site: 217 days • Last updated: Aug 3, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bathrooms
Bathrooms
8
Square Feet
Square Feet
3,714
Acres
Acres
0.06
Days on Site
Days on Site
211
Cooling
Cooling
None
Heating
Heating
Wall Furnace
Year Built
Year Built
1923
Stories
Stories
2
Parking
Parking
None

PRICE REDUCED AND READY TO SELL AT 9.5 GRM. 8 units (all studios) in Long Beach NOT subject to local rent control, only subject to AB 1482 rent control - maximum annual increase of 5% + CPI (currently 8.7%). NO Local Rent Control in Long Beach. Located on a beautiful, quiet, tree lined street just blocks from Downtown Long Beach. All units have been updated including new kitchens, baths and paint. Electrical subpanels were updated in 2024. The main panel is 200 AMPS (Buyer to verify). The property is professionally managed and well maintained. All units have W/Ds in them. Upside in rents to a 9.2 GRM. Anduril Industries, a cutting-edge defense technology company specializing in AI applications announced that it is commencing a $1 billion redevelopment of land adjacent to the LB Airport. The project is planned to be completed in mid-2027 and is expected to create 5,500 new direct jobs at the site plus thousands of indirect construction and supply-chain service jobs. Qualified Buyers can put down as little as 25% with excellent bank financing fixed at 5.4% for 5-years.

Property Information

Property Details

Location

Address
328 W 8th Street
County
Los Angeles
City
Long Beach
Zip Code
90813
MLS Area
4 - Downtown Area, Alamitos Beach

Interior Features

Heating and Cooling

Cooling
None
Heating
Wall Furnace

Building

Building Information

Square Feet
3,714
Year Built
1923
Stories
2

Financial

Special Conditions
Standard
Jonathan Swire • The Agency, (424) 230-3700

Market Report for 90813

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-X52994