OFF MARKET

Off market oct 2019 for $687K

$840,290

Est. refi paymentEst. refi $4,328/mo

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— ba

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sq ft

515 W 8th St, Long Beach, CA 90813

About this home

Turnkey opportunity! This clean and well-maintained triplex is currently performing at 13.2 GRM, with a 5.4% Cap Rate - cash flowing and outperforming the local market! The property consists of three large 1bed/1bath units, one 1car garage, and a community laundry room. Each unit is in great condition, offers a functional layout, and is separately metered for gas and electricity. The first floor unit has a larger bonus room, which adds value for the tenants and increases rent. The building is in great condition with recent improvements made, adding plenty of value for the new owner. Long Beach's first designated historic district, Willmore City / Drake Park Historic District, is a community rich in history, character, and charm. This dense rental market is perfect for investors who enjoy low vacancy rates, high market rental rates, and strong long-term appreciation. Close proximity to Downtown Long Beach provides maximum accessibility, with plenty of public transportation, freeway access, and a high walk score. The beach, parks, and other community amenities/ attractions like the Queen Marry and Aquarium are just minutes away! Long Beach is resurging due to hundreds of millions of dollars invested in private and public developments, a growing local economy with strong employment, and the increasing demand to "live, work, and play" in this remarkable community. This easy to own asset is a great addition to any portfolio!

Multi-familyProperty Type

1922Year Built

1,750 sq ftLot Size

Bought with • SANDICOR, Inc.

Redfin checked: a few seconds ago

•Source:SDMLS #301764958

Redfin Estimate

$840,290

$153K since sold in October 2019$11K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 23.9% higher than the average sale price ($678K) of 6 comparable homes.

SOLD JUN 26, 2026
$900,000
A
3 beds3.5 baths1,706 sq ft
1148 Locust Ave, Long Beach, CA 90813
SOLD MAY 7, 2026
$455,000
B
2 beds2 baths1,724 sq ft
1584 Elm Ave, Long Beach, CA 90813
SOLD AUG 19, 2026
$835,500
C
3 beds2 baths1,772 sq ft
1130 E Appleton, Long Beach, CA 90802
SOLD OCT 13, 2026
$750,000
D
5 beds2 baths1,816 sq ft
724 Elm Ave, Long Beach, CA 90813
SOLD BY REDFIN OCT 14, 2026
$750,000
E
3 beds2 baths1,345 sq ft
1754 Linden Ave, Long Beach, CA 90813
SOLD MAY 7, 2026
$379,000
F
3 beds2 baths1,485 sq ft
402 E 16th St, Long Beach, CA 90813

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Earn from this home

Sell

$321,677

Est. take-home

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Refinance

Est. cash available

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Market trends in 90813, CA

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.4%

2.0% MoM

Median sale price

$686K

$24K MoM

Avg. days on market

56d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SAT, 11AM TO 1PM
$838,888
3 beds2 baths1,172 sq ft
1334 E 9th St, Long Beach, CA 90813
NEW 9 HRS AGO
$450,000
2 beds2 baths1,031 sq ft
941 Elm #14, Long Beach, CA 90813
EARLY ACCESS
$389,000
2 beds1 bath861 sq ft
840 Cedar Ave, Long Beach, CA 90813
COMING SOON
$835,000
4 beds2 baths2,016 sq ft
811 Lime Ave, Long Beach, CA 90813
FOR SALE BY OWNER
$2,795,000
14 beds7 baths5,468 sq ft
1113 Pacific Ave, Long Beach, CA 90813
$5,150,000
28 beds23 baths16,624 sq ft
830 Elm Ave, Long Beach, CA 90813
$329,000
1 bed1 bath611 sq ft
728 Cedar #29, Long Beach, CA 90813
$1,899,000
2 beds12 baths5,036 sq ft
1208 Daisy Ave, Long Beach, CA 90813
$445,000
1 bed1 bath910 sq ft
1598 Long Bch #401, Long Beach, CA 90813
$545,000
2 beds2.5 baths1,230 sq ft
1598 Long Bch #407, Long Beach, CA 90813
See all

Provided by Redfin

Sale history for 515 W 8th St

Date

Event

Price

SDMLS #301764958

Oct 16, 2019

Sold

$687,500

Aug 24, 2019

Listed

$700,000

Greater Lansing AoR #SB19202951

Oct 16, 2019

Sold

$687,500

Sep 16, 2019

Contingent

—

Aug 24, 2019

Listed

$700,000

Public Records

May 22, 2018

Sold

$595,000

SDMLS #301711685

May 27, 2016

Sold

$420,000

Mar 21, 2016

Listed

$399,900

Located near Los Angeles River and Drake Park, this 3 unit building is priced competitively for the market. Easy access from the 710 freeway. This property has: 2 One bedroom One bath units and 1 Two bedroom Two bath unit. Laundry income potential. Income from the 1 car garage. Terrific cash flow and long term investment. Current Actual Income GRM 10.1! Due to the asking price, come on out and take a look today!

CRMLS #PW13079817

Dec 14, 2013

Listing Removed

—

May 2, 2013

Listed

$350,000

CRMLS #PW13034019

May 1, 2013

Listing Removed

—

Mar 1, 2013

Listed

$350,000

Public Records

May 15, 2009

Sold

$178,000

CRMLS #S312336

Jun 1, 2003

Sold

$111,000

Apr 1, 2003

Listed

$114,900

Oct 24, 2001

Price Changed

$114,900

Oct 24, 2001

Price Changed

$114,900

Oct 24, 2001

Price Changed

$114,900

Oct 24, 2001

Price Changed

$114,900

Oct 24, 2001

Price Changed

$114,900

Oct 23, 2001

Price Changed

$485,000

Oct 23, 2001

Price Changed

$485,000

Oct 23, 2001

Price Changed

$485,000

Oct 23, 2001

Price Changed

$485,000

Public Records

Jan 17, 2002

Sold

$111,000

CRMLS #Y94388

Feb 28, 2000

Listing Removed

—

Oct 1, 1999

Listed

$145,000

Public Records

Jan 24, 1997

Sold

$84,000

Public Records

Jan 24, 1997

Sold

$176,000

Year

Property tax

Land + Additions

Assessment*

2025

$10,135 (+4.6%)

$496,404 + $270,512

$766,916

2024

$9,686 (+1.7%)

$486,671 + $265,208

$751,879

2023

$9,520 (+6.6%)

$477,129 + $260,008

$737,137

2022

$8,935 (+2.1%)

$467,774 + $254,910

$722,684

2021

$8,753 (+0.3%)

$458,602 + $249,912

$708,514

2020

$8,731 (+11.0%)

$449,610 + $245,012

$694,622

2019

$7,865 (+37.5%)

$445,000 + $242,500

$687,500

2018

$5,722 (+1.1%)

$428,400 + $178,500

$606,900

2017

$5,661 (+65.2%)

$295,800 + $132,600

$428,400

2016

$3,426 (+4.0%)

$295,800 + $132,600

$428,400

2015

$3,295 (+0.3%)

$184,928 + $76,145

$261,073

2014

$3,285 (+1.5%)

$178,583 + $73,533

$252,116

2012

$3,236 (+4.1%)

$177,776 + $73,201

$250,977

2011

$3,109 (+1.1%)

$174,291 + $71,766

$246,057

2010

$3,074 (+51.0%)

$170,874 + $70,359

$241,233

2009

$2,036 (+7.2%)

$169,597 + $69,834

$239,431

2008

$1,899

$53,982 + $95,595

$149,577

Tax history for 515 W 8th St

Year

Property tax

Land + Additions

Assessment*

2025

$10,135 (+4.6%)

$496,404 + $270,512

$766,916

2024

$9,686 (+1.7%)

$486,671 + $265,208

$751,879

2023

$9,520 (+6.6%)

$477,129 + $260,008

$737,137

2022

$8,935 (+2.1%)

$467,774 + $254,910

$722,684

2021

$8,753 (+0.3%)

$458,602 + $249,912

$708,514

2020

$8,731 (+11.0%)

$449,610 + $245,012

$694,622

2019

$7,865 (+37.5%)

$445,000 + $242,500

$687,500

2018

$5,722 (+1.1%)

$428,400 + $178,500

$606,900

2017

$5,661 (+65.2%)

$295,800 + $132,600

$428,400

2016

$3,426 (+4.0%)

$295,800 + $132,600

$428,400

2015

$3,295 (+0.3%)

$184,928 + $76,145

$261,073

2014

$3,285 (+1.5%)

$178,583 + $73,533

$252,116

2012

$3,236 (+4.1%)

$177,776 + $73,201

$250,977

2011

$3,109 (+1.1%)

$174,291 + $71,766

$246,057

2010

$3,074 (+51.0%)

$170,874 + $70,359

$241,233

2009

$2,036 (+7.2%)

$169,597 + $69,834

$239,431

2008

$1,899

$53,982 + $95,595

$149,577

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

1,750 Sq. Ft.

Year renovated

1922

Sq. Ft.

1,844

Year built

1922

Style

Multi-Family (2-4 Unit)

County

Los Angeles County

APN

7272016023

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 6, 2026.

Property details

Interior

Multi-Unit Information
# of Units: 3
Annual Expense (Actual): $13,230
Net Operating Income (Actual): $38,022
Tenant Pays: Electricity, Gas/Propane

Unit 1 Information
Unit Number: 1
# of Bedrooms: 1
# of Baths (Total): 1
Rent (Actual): $1,600

Unit 2 Information
Unit Number: 2
# of Bedrooms: 1
# of Baths (Total): 1

Unit 3 Information
Unit Number: 3
# of Bedrooms: 1
# of Baths (Total): 1
Rent (Actual): $1,350

Exterior

Building Information
# of Buildings: 1
Year Built: 1922
Total Stories: 2

Property Information
Res Income 2-4 Units

Lot Information
# of Acres (Approximate): 0.0402
Lot Size: 1-3,999 Sq. Ft.
Lot Size Source: Assessor Record
Curbs, Sidewalks

Utilities

Water Information
Meter on Property

Public facts

Beds: 4
Baths: 3.0
Sq. Ft.: 1,844
Stories: —
Lot Size: 1,750 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1922
Year Renovated: 1922
County: Los Angeles County
APN: 7272016023

Home facts updated by county records on Oct 6, 2026

Around this home

Schools

K - 12
Preschool & daycare

Edison Elementary School

Public K-5 • Assigned • 0.2mi

3/10

Washington Middle School

Public 6-8 • Assigned • 1.8mi

4/10

Cabrillo High School

Public 9-12 • Assigned • 1.6mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...
5 days ago • Los Angeles County
Sang Ur
Redfin Premier agent
123 deals
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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, 23 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)

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

Provided by Shadowmap

Estimated sale price

$799,000 – $967,000

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Easy freeway access • Ocean views • 6,362 sq ft lot

New listings for sale in 90813

OPEN SAT, 11AM TO 1PM

$838,888

3 beds2 baths1,172 sq ft

1334 E 9th St, Long Beach, CA 90813

New plumbing • New electrical panel • New wiring

NEW 9 HRS AGO3D WALKTHROUGH

$450,000

2 beds2 baths1,031 sq ft

941 Elm #14, Long Beach, CA 90813

Private balcony • Wood-style flooring • Ample cabinetry

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

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Gated community • Built 1962

COMING SOON

$835,000

4 beds2 baths2,016 sq ft

811 Lime Ave, Long Beach, CA 90813

Laundry hook-ups • Off-street parking • 2,200 sq ft lot

FOR SALE BY OWNER

$2,795,000

14 beds7 baths5,468 sq ft

1113 Pacific Ave, Long Beach, CA 90813

Recently renovated • Built 1907 • Listed 5 days

$5,150,000

28 beds23 baths16,624 sq ft

830 Elm Ave, Long Beach, CA 90813

Deck improvements • Copper re-piping • Wood framing

$329,000

1 bed1 bath611 sq ft

728 Cedar #29, Long Beach, CA 90813

Ground level condo • Updated lighting • Modern appliances

$1,899,000

2 beds12 baths5,036 sq ft

1208 Daisy Ave, Long Beach, CA 90813

12 units • Completely remodeled • New electrical

$445,000

1 bed1 bath910 sq ft

1598 Long Bch #401, Long Beach, CA 90813

Private balcony • Fitness center • Inviting lobby

Home values near 515 W 8th St

Data from public records.

Address	Redfin Estimate
539 West 8th St, Long Beach, CA 3 Beds \| 2 Baths \| 1138 Sq. Ft.	$612,088
501 West 8th St, Long Beach, CA 4 Beds \| 5 Baths \| 2592 Sq. Ft.	$1,076,205

Address	Redfin Estimate
529 West 8th St, Long Beach, CA 2 Beds \| 2 Baths \| 1214 Sq. Ft.	$711,067
530 West 8th St, Long Beach, CA 2 Beds \| 1 Baths \| 972 Sq. Ft.	$543,554

Address	Redfin Estimate
525 West 8th St, Long Beach, CA 3 Beds \| 1.5 Baths \| 1516 Sq. Ft.	$768,506
528 West 8th St, Long Beach, CA 3 Beds \| 2.5 Baths \| 1609 Sq. Ft.	$772,658

Property information provided by SDMLS when last listed in 2019. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 90813, CA

Sale history for 515 W 8th St

Tax history for 515 W 8th St

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90813

Home values near 515 W 8th St

More real estate resources