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1833 E 8th St, Long Beach, CA 90813
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1833 E 8th St Long Beach, CA 90813

$1,000,000 Sold Price as of 02/23/2021
  • 4 Beds
  • 4 Baths
  • 3,040 Sq.Ft.
Sold
$1,000,000 Sold Price as of 02/23/2021 Refinance Your Mortgage
Map preview of 1833 E 8th St, Long Beach, CA 90813

Property Overview: 1833 E 8th St Long Beach, CA has 4 bedrooms, 4 bathrooms, 3,040 living square feet and 2,937 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present The 8th Street apartments, located South of Anaheim St. in a zip code that has seen a tremendous increase in apartment sales year-over-year. The property is comprised of four large 1-bedroom units that are prime for a conversion into 2-bedroom units. The building is located between two well-respected Historic neighborhoods, Rose Park and Craftsman Village, while also being just North of the trendy Retro Row. With a WalkScore of 98, tenants are sure to love the location and the ability to walk to all of the amenities they need. The property has just undergone new exterior paint in November of 2020, is submetered for both gas and electric, and has been professionally managed by Ernst and Haas for the last 5 years. With a price well below the average for the City of Long Beach, this property won't last.

Listed by Juan Huizar | BRE #01417642 | Sage Real Estate
Co-listed by Caleb Baldwin | BRE #02056751 | Sage Real Estate
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
2,937
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW20245338
City
Long Beach
County
Los Angeles
Time on Site
1338 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: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,288
  • Total Rent: $1,288
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,339
  • Total Rent: $1,339
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.14
  • Gross Scheduled Income: $65,004
  • Net Operating Income: $39,908
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,096
  • Licenses: $230
  • New Taxes: $13,112
  • Trash: $0
  • Gardener: $680
  • Insurance: $1,376
  • Maintenance: $4,046
  • Professional Management: $4,297
  • Water/Sewer: $1,017
  • Other Expenses: $503
  • Other Expense Description: Misc.

Virtual Tour

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Property Details for 1833 E 8th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Flat, Spanish Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Off Street, On Site, Parking Space
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7267016029
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: From PCH or Anaheim St., head South on Cherry Ave. until 8th St, head West on 8th St., property is on the right
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Long Beach Agent

Sale History for 1833 E 8th St

Last sold for $1,000,000 on February 23rd, 2021

  • February, 2021

  • Feb 23, 2021

    Date

    Sold

    CRMLS: PW20245338

    $1,000,000

    Price

  • Feb 10, 2021

    Date

    Pending

    CRMLS: PW20245338

    $1,049,000

    Price

  • Jan 5, 2021

    Date

    Active Under Contract

    CRMLS: PW20245338

    $1,049,000

    Price

  • Nov 23, 2020

    Date

    Active

    CRMLS: PW20245338

    $1,049,000

    Price

  • January, 2020

  • Jan 27, 2020

    Date

    Expired

    CRMLS: PW19198248

    $1,075,000

    Price

  • Jan 27, 2020

    Date

    Withdrawn

    CRMLS: PW19198248

    $1,075,000

    Price

  • Jan 26, 2020

    Date

    Hold

    CRMLS: PW19198248

    $1,075,000

    Price

  • Jan 26, 2020

    Date

    Active

    CRMLS: PW19198248

    $1,075,000

    Price

  • Sep 20, 2019

    Date

    Active Under Contract

    CRMLS: PW19198248

    $1,075,000

    Price

  • Sep 3, 2019

    Date

    Active

    CRMLS: PW19198248

    $1,075,000

    Price

  • Aug 30, 2019

    Date

    Active Under Contract

    CRMLS: PW19198248

    $1,075,000

    Price

  • Aug 19, 2019

    Date

    Active

    CRMLS: PW19198248

    $1,075,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity where your strong tenant base is very conveniently located within minutes of local neighborhood restaurants, shops, Rose Park, Carroll Park, Alamitos Beach, bike paths, downtown, 4th Street 'Retro Row' and Belmont Shore. The beach is within about 10 minutes!!! Very convenient to transportation, freeways and California State University Long Beach. Each spacious 1 bedroom unit has washer/dryer hook-ups. Two upstairs units have their own balcony to enjoy. Two units have beautiful original wood floors. All units have tile counter tops in kitchen. Laundry facilities in each unit. Shared water heater by all units. Faux fireplaces are beautifully adorned with original Batchelder tiles!!! (in 2 units the tiles are covered over or painted). This is a great property and has been professionally managed by a prominent local management company since 2013.

  • May, 2013

  • May 20, 2013

    Date

    Sold (Public Records)

    Public Records

    $495,004

    Price

  • April, 2013

  • Apr 17, 2013

    Date

    Sold (Public Records)

    Public Records

    $288,000

    Price

Show More

Tax History for 1833 E 8th St

Assessed Value (2020): $557,355
Year Land Value Improved Value Assessed Value
2020 $394,091 $163,264 $557,355

Home Value Compared to the Market

This property vs the competition

1833 E 8th St sold on February 23, 2021 for 28.08% 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 $345.07 per/sqft which puts the price per square foot 45.05% lower than the current median sale per square foot for the city of Long Beach.

About 1833 E 8th St

Detailed summary of property

1833 E 8th St is a fourplex that recently sold in Long Beach, CA 90813. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 3,040 living square feet, and sits on an approximately 2,937 square foot lot. 1833 E 8th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,000,000. 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 28.08% higher than the current median priced home. Local homes that are currently for sale include 777 Obispo Ave, 2251 E 20th Street and 765 Loma Ave. While the average home in Long Beach, CA is selling in 62 days, 1833 E 8th St has a days on market of 43 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 1833 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 1833 E 8th St

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
3,040
Lot Size
2,937
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
7267-016-029

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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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.

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