1822 E 8th St, Long Beach, CA 90813
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1822 E 8th St Long Beach, CA 90813

$1,099,888 Sold Price as of 12/09/2020
  • 8 Beds
  • 4 Baths
  • 3,120 Sq.Ft.
Sold
$1,099,888 Sold Price as of 12/09/2020 Refinance Your Mortgage

Map preview of 1822 E 8th St, Long Beach, CA 90813

Property Overview: 1822 E 8th St Long Beach, CA has 8 bedrooms, 4 bathrooms, 3,120 living square feet and 2,417 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great income property in desirable area, close to Downtown, Belmont Shore and the Ocean. Quiet neighborhood and very well kept Units with recent upgrades. new roofing, Cooperative tenants. very spacious units. all units are same size. 2bedrooms plus den. The dens are being used as an extra 3rd bedrooms, units are being very well taking care of. hardwood flooring and newly painted. Portable heater and AC, High ceilings, Fresh exterior paint. Possible to make a driveway in the east side of the building to accommodate up to 3 cars.

Listed by Amir Mafakher | BRE #02016506 | Century 21 Masters
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
2,417
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC20195920
City
Long Beach
County
Los Angeles
Time on Site
1461 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $6,600
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,800
  • Net Operating Income: $67,040
  • Gross Operating Income: $79,200
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $12,160
  • Electric: $0
  • Gas/Fuel: $600
  • Licenses: $200
  • New Taxes: $8,000
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $360
  • Insurance: $1,200
  • Water/Sewer: $1,800

Property Details for 1822 E 8th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
  • Den, Family Room, Kitchen, Living Room
Interior Features
  • Balcony, Living Room Balcony
  • Window Features: Wood Frames
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Flat, Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Parking Features: None, Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 7267030025
  • Year Built Source: Assessor
  • Architectural Style: Spanish, Traditional
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Take left from Gardenia to 8th st
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Long Beach Agent

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Sale History for 1822 E 8th St

Last sold for $1,100,000 on December 9th, 2020
  • December, 2020

  • Dec 11, 2020

    Date

    Sold

    CRMLS: OC20195920

    $1,099,888

    Price

  • Oct 22, 2020

    Date

    Pending

    CRMLS: OC20195920

    $1,099,888

    Price

  • Oct 13, 2020

    Date

    Active

    CRMLS: OC20195920

    $1,099,888

    Price

  • Sep 23, 2020

    Date

    Pending

    CRMLS: OC20195920

    $1,099,888

    Price

  • Sep 19, 2020

    Date

    Active

    CRMLS: OC20195920

    $1,099,888

    Price

  • Sep 19, 2020

    Date

    Coming Soon

    CRMLS: OC20195920

    $1,099,888

    Price

  • December, 2020

  • Dec 9, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • October, 2018

  • Oct 22, 2018

    Date

    Canceled

    CRMLS: PW18192993

    $999,500

    Price

  • Aug 9, 2018

    Date

    Active

    CRMLS: PW18192993

    $999,500

    Price

  • Listing provided courtesy of CRMLS

    Classic Spanish style Income property in highly desirable area. Large units, could be used as 3 Bedrooms. It was remodeled with hardwood floors. Two units have individual laundry rooms. Market rents are higher.

  • August, 2018

  • Aug 1, 2018

    Date

    Expired

    CRMLS: SB17212218

    $998,888

    Price

  • Mar 3, 2018

    Date

    Price Change

    CRMLS: SB17212218

    $998,888

    Price

  • Mar 2, 2018

    Date

    Active

    CRMLS: SB17212218

    $1,025,000

    Price

  • Mar 1, 2018

    Date

    Expired

    CRMLS: SB17212218

    $1,025,000

    Price

  • Oct 19, 2017

    Date

    Active

    CRMLS: SB17212218

    $1,025,000

    Price

  • Sep 27, 2017

    Date

    Active Under Contract

    CRMLS: SB17212218

    $1,025,000

    Price

  • Sep 23, 2017

    Date

    Price Change

    CRMLS: SB17212218

    $1,025,000

    Price

  • Sep 13, 2017

    Date

    Active

    CRMLS: SB17212218

    $945,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer this rare opportunity for a corner lot income property in the city of Long Beach. This is a well maintained classic Spanish style building with very large units. Income producing 4-plex in an easy to rent neighborhood in Long Beach close to CSULB with NO RENT CONTROL. Each unit is approximately 750 SF with two bedrooms, one bath plus a bonus room. Each unit has a private 6 X 6 room inside (currently allowed to be used only as storage). All units are spacious with a combination of hardwood floors and tile. The building has an original character and is maintained with low overhead. The property is situated in a quiet, desirable area with high rental demand. There is a side yard for common tenant use. The interior of the property was partially updated in 2010. The property has separate meters for electricity.

  • November, 2004

  • Nov 17, 2004

    Date

    Sold (Public Records)

    Public Records

    $730,000

    Price

Show More

Tax History for 1822 E 8th St

Assessed Value (2020): $930,960
Year Land Value Improved Value Assessed Value
2020 $369,619 $561,341 $930,960

Home Value Compared to the Market

This property vs the competition

1822 E 8th St sold on December 9, 2020 for 34.3% higher 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 $352.53 per/sqft which puts the price per square foot 43.86% lower than the current median sale per square foot for the city of Long Beach.

About 1822 E 8th St

Detailed summary of property

1822 E 8th St is a multi family that recently sold in Long Beach, CA 90813. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,120 living square feet, and sits on an approximately 2,417 square foot lot. 1822 E 8th St was first listed on ArdentRealEstateGroup.com on September 19, 2020. The homeowner sold the property for $1,099,888. 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 34.3% higher than the current median priced home. Local homes that are currently for sale include 1010 Lime Ave, 777 Obispo Ave and 2251 E 20th Street. While the average home in Long Beach, CA is selling in 62 days, 1822 E 8th St has a days on market of 3 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 1822 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 1822 E 8th St

Public county record property details
Beds
8
Baths
4
Year built
1929
Sq. Ft.
3,120
Lot Size
2,416
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
7267-030-025

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
35
Median Sale to List Price %
99.02%
Avg Days on Market
24
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.