Long Beach Duplex Investment
For Sale
$800,000
411 E 8th Long, Long Beach, CA 90813
Duplex in Long Beach near downtown, schools, and transportation.
Property Size1,768 SF
Lot Size0.09 Acres
Days on Market263
Property Features for 411 E 8th Long
General Information
Standard status
Active
Size
1,768 SF
Lot size
0.09 Acres
Property subtype
Duplex
Site & Location
Neighborhood
Saint Marys
Amenities
Wall Furnace
Natural Gas Connected
Building Details
Building Size
1,768 SF
Year Built
1906
Stories
2
Listing Agency:
Realty One Group West
Listed By:
Mark Ballin · License #01397137
(562) 618-1833
Source:
Kw
Added: Feb 8
Changed: Oct 27
Last Checked: Oct 28 at 1:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group West
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Investment Insights
Based on property information with market context.
Located at 411 E 8th Street in Long Beach, this duplex was built in 1906. The property features two separate units, offering a combined total of 4 bedrooms and 2 bathrooms. The bottom unit includes 2 bedrooms and 1 bathroom. The upper unit also has 2 bedrooms and 1 bathroom and features its own separate entrance. The property sits on a 3901 square foot lot. The location is near downtown Long Beach, schools, major transportation routes, Metro rail, and shopping. This property is suitable for homeowners or investors and has income-producing potential.
Key Highlights
- Prime location near downtown Long Beach, schools, transportation, and shopping.
- Income‑producing duplex with two separate units.
- Each unit features 2 bedrooms and 1 bathroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,637
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,740
$812.7K
Cap Rate 7%
$580,529
$580.5K
Cap Rate 9%
$451,522
$451.5K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$60.5K $34.20/SF
− Vacancy
−$2.4K −$1.36/SF
EGI
$58.1K $32.84/SF
− OpEx
−$17.4K −$9.85/SF
NOI
$40.6K $22.98/SF
Area
ZIP 90813
Vacancy
3.99%
Lease Rate
$34.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,740
Cap Rate 7%
$580,529
Cap Rate 9%
$451,522
Alternative Uses
Best Use
Multifamily LT 5
$580.5K
$508.0K – $677.3K
NOI $40,637 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$535.0K
$468.1K – $624.2K
NOI $37,449 @ 7.0% cap · market cap 4.68%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
5,153
Businesses Nearby
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Business Placement
Demographics for 90813, CA
54,565
Population
18,603
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
63%
High-School Grad
3.1 sq mi
ZIP Area
17,602
Density / Sq Mi
$50,302
Median Household Income
$31,450
Median Earnings
$1,578
Median Rent
$543,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Long Beach near downtown, schools, and transportation.
Where is this duplex located?
The property is located at 411 E 8th Long Long Beach, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime location near downtown Long Beach, schools, transportation, and shopping.; Income‑producing duplex with two separate units.; Each unit features 2 bedrooms and 1 bathroom.
