725 E. 8th St

1278000

Investment Highlights

Executive Summary

Beautiful “Spanish style” impeccably maintained Asset! With incredible design and architecture, this 1932 classic is a true ‘Pride Of Ownership’ building! Along with incredible curb appeal, every individual unit has impressive high ceilings, beautiful built-ins, original hardwood flooring, handcrafted stained glass windows, lovely grounds, onsite laundry and onsite garages/parking! Comprised of four large units – 2 two bedroom x 1 bathroom units & 2 one bedroom x 1 bathroom units. All units are large and have a nice open feel. Located in Downtown Long Beach just North of East village/Arts district, only short distance to everything that’s great about living in an urban environment… Minutes away from the Beach, The Pike, Restaurants, Shopping, Parks, Schools, Belmont Shores “2nd street” and much much more!!

Property
Information

725 E. 8th St
1278000 List Price
4 Units
3512 Sq.Ft
5002 Lot Size (Sq.Ft)
6 Bedrooms
4 Full Bathrooms
4.39% Cap Rate
15.17 GRM (Gross Rent Multiplier)
319500 Per Door
363.90 Per Square Foot
319500 Per Unit

Year Built:
1932
Property Type:
Investment, Fourplex, Multifamily, Apartment