3723 E 8th Street
Long Beach, CA 90804
Map
- – beds
- – baths
- – sqft
- 6,098 sqft lot
- 1964 build
- – on site
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3723 East 8th Street is an 8-unit multifamily investment property located in Long Beach, CA. 3723 East 8th Street offers an attractive mix of one and two-bedroom floor plans as well as 4 garage parking spaces, providing additional income potential. Long Beach’s strong rental metrics, including a 2021 vacancy rate of just 1.8 percent and year-over-year rent growth of 12.1 percent, are evidence of the substantial demand for rental units in the area. With current rents below market rates, 3723 East 8th Street represents an attractive value-add opportunity for a new owner. 3723 East 8th Street is situated in the desirable Eastside neighborhood of Long Beach where residents enjoy convenient access to everyday needs as well as a plethora of retail, dining, and entertainment options at the Los Alamitos Traffic Circle, located within 1 mile of the property. 3723 East 8th Street is in close proximity to all levels of schooling including Willard Elementary, Jefferson Middle, and Woodrow Wilson High. Additionally, the property benefits from its location within 0.90 miles of Pacific Coast Highway and 1.50 miles from State Route 22, connecting residents to employment hubs throughout Los Angeles and Orange Counties.
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Last updated Aug 19, 2023
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MLS# OC23013563 —
The Building
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Year Built:1964
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:6852.00
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Building Area Units:Square Feet
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Total Number Of Units:8
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# of Buildings:1
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Stories Total:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:8
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# of Separate Electric Meters:8
Interior
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Levels:Two
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Laundry:Community
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Laundry:1
Location
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Directions:Nearby Cross Streets: East 8th Street & Euclid Avenue
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Latitude:33.77741500
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Longitude:-118.14868000
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR3S
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Lot Features:Level with Street
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Lot Size Area:0.1400
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Lot Size Acres:0.1400
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Lot Size SqFt:6098.40
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:5770.00
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Tax Tract:577...
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Tax Lot:13
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7254015015
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/7/23
Jun 7, 2023
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Sold | CRMLS_CA | $2,200,000 | |
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5/1/23
May 1, 2023
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Pending | CRMLS_CA | $2,200,000 | |
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3/24/23
Mar 24, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $2,200,000 |
