$3,300,000 - 310 W 8th Street, Long Beach

  • 0Beds
  • Baths
  • 8,945SQ. Feet
  • 0.17Acres

310 W. 8th Street in a meticulously renovated investment asset in up-and-coming Willmore City Historic District in booming Downtown Long Beach. The property offers ten spacious, bright one and two-bedroom units with open floor plans. Nine of the ten units have been completely renovated with recessed lighting, in-unit washer/dryers and high- end fixtures and finishes throughout. Exterior renovations include fresh paint, drought-resistant landscaping and stunning modern lighting, all providing incredible curb appeal. The building's electrical and plumbing systems have been updated. Eight parking spaces comprised of four garages and four tandem spaces, as well as newly built storage units provide additional income. With a Walkscore of 90, the property is conveniently accessible to copious employment opportunities and all of the shopping, dining and nightlife amenities available in thriving Downtown Long Beach. Additionally, the 7th Street entrance to the 710 freeway is just around the corner, providing quick and easy access out of the city. 310 W. 8th Street offers a new buyer a turn-key asset in a rapidly changing and dynamic Downtown Long Beach location, with 8%+/- rental upside potential by renovating the 10th unit and leveling rents.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW20018427
  • Price:$3,300,000
  • Bathrooms:0.00
  • Square Footage:8,945
  • Acres:0.17
  • Year Built:1929
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:310 W 8th Street
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Willmore District (WM)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90813

Amenities

  • Parking Spaces:8
  • # of Garages:4

Interior

  • Appliances:Stackable

Exterior

  • Lot Description:6-10 Units/Acre

Additional Information

  • Date Listed:January 27th, 2020
  • Days on Market:61
  • Zoning:LBPD10

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Similar Neighborhoods to "Willmore District (WM)" in Long Beach, California

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  • City:
    Long Beach
  • Price Range:
    $530,000 - $7,250,000
  • Current Listings:
    30
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $340

Downtown (dt)

  • City:
    Long Beach
  • Price Range:
    $1,425,000 - $3,300,000
  • Current Listings:
    6
  • HOA Dues:
    $
  • Average Price per Square Foot:
    $417
  • Link:
    Downtown (DT) Homes For Sale
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Provided By: Robert Stepp(01456379), Keller Williams Pacific Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of March 30th, 2020 at 7:46am CDT. 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.