501 W 8th Street, Long Beach, CA 90813
- $900,000
- Sold Price
- $900,000
- List Price
- $950,000
- Closing Date
- Oct 03, 2025
- Status
- CLOSED
- MLS#
- SB25172198
- Year Built
- 1946
- Lot Size
- 4,498
- Acres
- 0.10
- Lot Location
- 0-1 Unit/Acre, Front Yard, Sprinkler System
- Days on Market
- 46
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Willmore District (Wm)
Property Description
We are pleased to present the exclusive opportunity to acquire to 4 units withing walking distance to Prime Downtown Long Beach. The property is comprised of 4 units with an ideal unit mix of (3) 1 bed 1 baths & (1) 2 bed 2 baths and a bonus room & kitchenette area. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for vacations, business trips and urban young professionals making it a unique opportunity for short-and long-term rentals alike. This is an incredible opportunity for a first time home buyer to take advantage of the generous City, State, and private Down Payment Assistance Grants while having their tenants subsidize their mortgage. Ask us how you can begin your generational wealth journey today!
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $78,273
- Operating Expense
- 21446
- Garage Spaces
- 1
- Levels
- Two
- Parking Spaces
- 1
Listing courtesy of Listing Agent: Austin Longwell (ALEstateInvestments@gmail.com) from Listing Office: West Shores Realty, Inc..
Listing sold by Marc Habib from Buckingham Investments, Inc
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.