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$900,000
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Property Description
We are pleased to present the exclusive opportunity to acquire to 4 units withing walking distance to Prime Downtown Long Beach. The property is comprised of 4 units with an ideal unit mix of (3) 1 bed 1 baths & (1) 2 bed 2 baths and a bonus room & kitchenette area. With excellent proximity to shopping, entertainment districts and restaurants, this community is an attractive destination for vacations, business trips and urban young professionals making it a unique opportunity for short-and long-term rentals alike. This is an incredible opportunity for a first time home buyer to take advantage of the generous City, State, and private Down Payment Assistance Grants while having their tenants subsidize their mortgage. Ask us how you can begin your generational wealth journey today!
Full Property Details
Full Property Details for 501 W 8th St
General
- Sold For: $900,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB25172198
- Added to Site: 169 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
- Parking Features: None
- Parking: None
Location
- Area: 4 - Downtown Area, Alamitos Beach
- County: Los Angeles
- Development Name: 4 - Downtown Area, Alamitos Beach
- Driving Directions: 8th and Magnoila
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: first floor
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,592
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.1033
- Lot Size Source: Assessor
- Zoning: LBPD10
- Lot Description: 0-1 Unit/Acre, Front Yard, Sprinkler System
Green Features
- Walk Score: 86
Financial Considerations
- Price Per Sq. Ft.: $347.22
- Price Per Unit: 237500
Listed by West Shores Realty, Inc., Austin Longwell
Sold by Buckingham Investments, Inc, Marc Habib
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Schools
Schools serving 501 W 8th St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School, Long Beach, CA 625 Maine Avenue, Long Beach, CA 90802 | K-5 | 0.2 mi |
Washington Middle School, Long Beach, CA 1450 Cedar Avenue, Long Beach, CA 90813 | 6-8 | 0.6 mi |
Cabrillo High School, Long Beach, CA 2001 Santa Fe Avenue, Long Beach, CA 90810 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 W 8th St
Date
Details
Price
Change
Source
10/03/2025
Sold
$900,000
-5.26%
MLS
7/31/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 W 8th Street, Long Beach, CA 90813 (MLS# SB25172198) is a Multi-Family property that was sold at $900,000 on October 03, 2025. Want to learn more about 501 W 8th Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

