3 units property located in Historic Downtown Long Beach that consist of 1-Three bedroom unit and 2-One bedroom units. The Three bedroom unit is two stories with hardwood floors and built-in storage. With recent tasteful remodel, this 3 units has been preserved and has the character details throughout the property. Units are fully rented with stable tenants. All three units have their own gas and electric meters. There is some room to increase rents to generate additional income. Great corner location, close to entertainment, restaurants and downtown businesses. Walking distance to Edison Elementary School, Metro Blue Line and Long Beach Convention Center.
3 units property located in Historic Downtown Long Beach that consist of 1-Three bedroom unit and 2-One bedroom units. The Three bedroom unit is two stories with hardwood floors and built-in storage. With recent tasteful remodel, this 3 units has been preserved and has the character details throughout the property. Units are fully rented with stable tenants. All three units have their own gas and electric meters. There is some room to increase rents to generate additional income. Great corner location, cl
3 units property located in Historic Downtown Long Beach that consist of 1-Three bedroom unit and 2-One bedroom units. The Three bedroom unit is two stories with hardwood floors and built-in storage. With recent tasteful remodel, this 3 units has been preserved and has the character details throughout the property. Units are fully rented with stable tenants. All three units have their own gas and electric meters. There is some room to increase rents to generate additional income. Great corner location, close to entertainment, restaurants and downtown businesses. Walking distance to Edison Elementary School, Metro Blue Line and Long Beach Convention Center.
CRMLS #PW14051978
Jun 3, 2014
Sold
$478,000
$185/sq ft
May 30, 2014
Pending
—
Mar 13, 2014
Listed
$488,000
$189/sq ft
+17
Income Triplex In Historic Downtown Long Beach Consisting of One 3BR Unit and Two 1BR Units. The 3BR Unit Is Two Stories, With Hardwood Floors, Built-In Storage, and Two Bathrooms. The Two 1BR Units are 1BR/1BA Each. Tasteful Remodel Has Preserved The Character Details Throughout. Units Fully Rented, With Stable Tenants. All Three Units Have Their Own Gas and Electric Meters. Great Location -- Close to Entertainment/Restaurants, New Downtown Businesses, and A Short Walk to the Ocean. Walking Distance to the Supermarket and Public Transportation.
CRMLS #PW13175880
Mar 11, 2014
Listing Removed
—
Sep 12, 2013
Price Changed
$499,000
$193/sq ft
Aug 29, 2013
Listed
$595,000
$230/sq ft
Public Records
Jul 1, 2003
Sold
$332,000
$128/sq ft
CRMLS #P333659
Jul 1, 2003
Sold
$331,900
$128/sq ft
Mar 7, 2003
Listed
$329,900
$128/sq ft
CRMLS #P323307
Jan 23, 2003
Listing Removed
—
Dec 14, 2002
Listed
$329,900
$128/sq ft
CRMLS #S177458
May 19, 2000
Listing Removed
—
Mar 26, 2000
Listed
$249,900
$97/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,951 (+4.6%)
$461,679 + $204,650
$666,329
2024
$8,558 (+1.7%)
$452,627 + $200,638
$653,265
2023
$8,411 (+6.5%)
$443,752 + $196,704
$640,456
2022
$7,899 (+2.2%)
$435,051 + $192,848
$627,899
2021
$7,732 (+0.3%)
$426,521 + $189,067
$615,588
2020
$7,711 (+1.2%)
$418,158 + $185,360
$603,518
2019
$7,621 (+2.6%)
$413,871 + $183,460
$597,331
2018
$7,426 (+1.1%)
$405,756 + $179,863
$585,619
2017
$7,347 (+19.1%)
$390,000 + $172,880
$562,880
2016
$6,168 (+4.1%)
$390,000 + $172,880
$562,880
2015
$5,924 (+22.5%)
$341,726 + $153,259
$494,985
2014
$4,834 (+11.1%)
$168,173 + $216,884
$385,057
2012
$4,352 (−4.8%)
$148,500 + $191,500
$340,000
2011
$4,572 (+1.1%)
$148,500 + $191,500
$340,000
2010
$4,521 (+0.7%)
$160,913 + $207,521
$368,434
2009
$4,488 (+7.3%)
$159,711 + $205,971
$365,682
2008
$4,183
$160,091 + $206,461
$366,552
Tax history for 401 W 8th St
Year
Property tax
Land + Additions
Assessment*
2025
$8,951 (+4.6%)
$461,679 + $204,650
$666,329
2024
$8,558 (+1.7%)
$452,627 + $200,638
$653,265
2023
$8,411 (+6.5%)
$443,752 + $196,704
$640,456
2022
$7,899 (+2.2%)
$435,051 + $192,848
$627,899
2021
$7,732 (+0.3%)
$426,521 + $189,067
$615,588
2020
$7,711 (+1.2%)
$418,158 + $185,360
$603,518
2019
$7,621 (+2.6%)
$413,871 + $183,460
$597,331
2018
$7,426 (+1.1%)
$405,756 + $179,863
$585,619
2017
$7,347 (+19.1%)
$390,000 + $172,880
$562,880
2016
$6,168 (+4.1%)
$390,000 + $172,880
$562,880
2015
$5,924 (+22.5%)
$341,726 + $153,259
$494,985
2014
$4,834 (+11.1%)
$168,173 + $216,884
$385,057
2012
$4,352 (−4.8%)
$148,500 + $191,500
$340,000
2011
$4,572 (+1.1%)
$148,500 + $191,500
$340,000
2010
$4,521 (+0.7%)
$160,913 + $207,521
$368,434
2009
$4,488 (+7.3%)
$159,711 + $205,971
$365,682
2008
$4,183
$160,091 + $206,461
$366,552
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
5
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
2,514
Year renovated
1921
Sq. Ft.
2,584
Year built
1921
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
7272015029
Parking Spaces
—
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Oct 10, 2023.
Property details
Parking
Parking / Garage Information
Street
Interior
Heating Information
Wall Heater
Has Heating
Interior Features
Entry Location: Ground Level With Steps
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 1443450
Listing Key Numeric: 13911624
Actual Rent: $1,800
Total # of Baths: 1
Total # of Beds: 3
Furnished: Unfurnished
Total Rent: $1,800
Total # of Units: 805
Unit Type 2 Information
Unit Key Numeric: 1443451
Listing Key Numeric: 13911624
Actual Rent: $900
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $900
Total # of Units: 401
Unit Type 3 Information
Listing Key Numeric: 13911624
Unit Key Numeric: 1443452
Actual Rent: $800
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $800
Total # of Units: 403
Expenses
Maintenance: $1,000
Insurance: $1,800
Water Sewer: $1,800
New Taxes: $7,112
Multi-Unit Information
Net Operating Income: $30,288
Average 3 Bed Area: 1,224
Average 2 Bed Area: 680
Average 1 Bed Area: 680
Sq. Ft.
Total Building Area: 2,584
Gross Scheduled Income: $42,000
Gross Multiplier: 13.33
Gross Income: $3,500
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
# Of Buildings: 1
Exterior
Exterior Information
Roof: Composition
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre
Property Information
Total # of Units: 1,609
Common Walls: 2+ common walls
Parcel Number: 7272015029
Attached Property
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $11,712
Tenant Pays: Electricity, Gas
Total Actual Rent: $3,500
Utilities
Utilities Information
Sewer Available
Water Source: District/Public
Location
Neighborhood Information
Community Features: Urban
Location Information
Latitude: 33.77672600
Longitude: -118.19657100
Directions: Cross Streets: W 8th St and Chestnut Ave
Subdivision Name: Other (OTHR)
Zoning: LBPD10
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 2,584
Stories: —
Parking Spaces: —
Basement: No
Accessible: No
Lot Size: 2,514 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1921
Year Renovated: 1921
County: Los Angeles County
APN: 7272015029
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Oct 10, 2023
Other
Listing Information
Days Active in MLS: 76
Continuous Days Active in MLS: 76
Listing Agent Information
List Agent First Name: Abel
List Agent Last Name: Bratton
Listing Office Information
List Office Name: RE/MAX 2000
Selling Agent Information
Buyer Agent First Name: Kristine
Buyer Agent Last Name: Ng
Around this home
Schools
Edison Elementary School
Public K-5 • Assigned • 0.3mi
3/10
Washington Middle School
Public 6-8 • Assigned • 1.7mi
4/10
Cabrillo High School
Public 9-12 • Assigned • 1.6mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 88° expected this year, 24 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Long Beach, CA • 90813
Average low and high temperatures (°F)
69
50
69
52
72
55
71
56
73
60
75
63
80
65
81
66
79
67
75
60
70
54
67
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.1 hrs
6.9 hrs
JuneDecember
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