345 W 8th Street
Property Description
EXCEPTIONAL MULTI-UNIT INVESTMENT OPPORTUNITY IN A PRIME LONG BEACH LOCATION! Ideally situated where Metro Row meets Downtown Long Beach, this exceptional property offers an outstanding opportunity for investors or owner-occupants looking to generate rental income. Unit 345: Beautifully updated 1-bedroom, 1-bathroom unit featuring abundant natural light, a comfortable living room, kitchen, and indoor laundry area, bonus room in the basement, not included in the reported square footage, offers flexibility for a home office, media room, or additional storage. Unit 347: Updated 1-bedroom, 1-bathroom unit featuring a kitchen equipped with a stove and refrigerator, along with indoor laundry hookups. Third Unit: Located on the side of the building, this additional 1-bedroom, 1-bathroom unit features a newly updated kitchen and bathroom, stove, refrigerator, and its own laundry area with washer and dryer. Property also features beautifully converted basement area currently configured as an additional living space, offering a kitchen, 1 bedroom 1 bathroom and laundry are. Additional features include a gated driveway, garage, and rear access. All 2 units offer comfortable living spaces and individual laundry amenities, making this property an attractive income-producing opportunity. Perfect for an owner-occupant looking to live in one unit while generating rental income from the other two, or for investors seeking to expand their real estate portfolio. Conveniently located near Downtown Long Beach, the beach, shopping, restaurants, schools, and major freeways. Whether you are an investor or a first-time multi-unit property buyer, this is an excellent opportunity to own an income-producing property in a desirable Long Beach location. Don't miss out!
Broker Details
CENTURY 21 ASTRO (562) 924-3381
MLS ID: RLARCNUR State License Number: 01190723
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $775,000 |
| No. of Units: | 2 |
| Year Built: | 1940 |
| Opportunity Zone: | No |
| Price per unit: | $387,500 |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 2 |
ID: 3yd-MRMLSCA-RS26237073
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