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1708 E 8th St Long Beach, CA 90813

$685,000 Sold Price as of 05/21/2021

4 Beds
2 Baths
1,600 Sq.Ft.

Sold

$685,000 Sold Price as of 05/21/2021 Refinance Your Mortgage

Map preview of 1708 E 8th St, Long Beach, CA 90813

Property Overview: 1708 E 8th St Long Beach, CA has 4 bedrooms, 2 bathrooms, 1,600 living square feet and 1,557 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Property consist of 2 units, one unit is upstairs and 2nd unit is downstairs. Each unit is 2 bedrooms 1 bath total living space is 1600 Sqft. What a great opportunity, This is perfect for a 1st time home buyer who wants to live in one unit and rent the other. It's also a great opportunity for investors to expand on their portfolio. The Property is located just a 4-minute drive to the ocean and minutes from all the fine dining that the city of long beach brings! One of the units is completely move-in ready with new flooring, paint, bathroom tile. Not to mention in-unit laundry hookups. Come take a look for yourself!

Listed by Roberto Araya | BRE #01965339 | Excellence RE Real Estate

Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft: 1,557
HOA Dues: $0/mo
Year built: 1929
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: DW21070683
City: Long Beach
County: Los Angeles
Time on Site: 1263 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 1
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 2

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $2,000

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $3,600
Net Operating Income: $2,500
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $1,100
Electric: $290
Gas/Fuel: $150
New Taxes: $0
Trash: $200
Insurance: $200
Water/Sewer: $250
Other Expenses: $640

Virtual Tour

Use the following link to view this property's virtual tour:

Virtual Tour URL (external link)

Property Details for 1708 E 8th St

Interior Features

Laundry Information

Has Laundry
Inside

Fireplace Information

No Fireplace
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

No
Parking Features: None

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 1 Common Wall
Total # of Units: 2
Parcel Number: 7267029014
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Major innersections is Gaviota & 7th street

Neighborhood Information

Community Features: Biking, Sidewalks, Street Lights

View more facts & features

Local Long Beach Agent

Sale History for 1708 E 8th St

Last sold for $685,000 on May 21st, 2021

May, 2021
May 21, 2021

Date

Sold

CRMLS: DW21070683

$685,000

Price
Apr 15, 2021

Date

Pending

CRMLS: DW21070683

$649,998

Price
Apr 8, 2021

Date

Active

CRMLS: DW21070683

$649,998

Price
Apr 5, 2021

Date

Coming Soon

CRMLS: DW21070683

$649,998

Price
March, 2020
Mar 18, 2020

Date

Sold (Public Records)

Public Records

$480,000

Price
October, 2010
Oct 21, 2010

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1708 E 8th St

Assessed Value (2020): $269,432

Year	Land Value	Improved Value	Assessed Value
2020	$117,143	$152,289	$269,432

Home Value Compared to the Market

This property vs the competition

1708 E 8th St sold on May 21, 2021 for 20.64% lower than the current median sold price for the city of Long Beach which is $819,000. The median sold price per/sqft for Long Beach is $628 and this home is sold at $406.25 per/sqft which puts the price per square foot 35.31% lower than the current median sale per square foot for the city of Long Beach.

About 1708 E 8th St

Detailed summary of property

1708 E 8th St is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,600 living square feet, and sits on an approximately 1,557 square foot lot. 1708 E 8th St was first listed on ArdentRealEstateGroup.com on April 5, 2021. The homeowner sold the property for $685,000. Home in Long Beach are selling for a median price of $819,000 and a median price per square foot of $628. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 20.64% lower than the current median priced home. Local homes that are currently for sale include 2015 E 105th St, 1503 E 109th St and 734 E 112th St. While the average home in Long Beach, CA is selling in 62 days, 1708 E 8th St has a days on market of 7 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 1708 E 8th St Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1708 E 8th St

Public county record property details

Beds: 4
Baths: 2
Year built: 1929
Sq. Ft.: 1,600
Lot Size: 1,556
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 14
APN: 7267-029-014

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$560,000

Median List Price/Sq.Ft.

$553

Median Sold Price

$495,000

Median Sold Price/Sq.Ft.

$587

Total Inventory

Median Sale to List Price %

99.02%

Avg Days on Market

Loan Type

Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.