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Price Reduced Listing
$1,295,000
 $6,952 est/mo Sourced by Back At You

318 320 E Market Street,Long Beach, CA 90805

Long Beach, CA 90805

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Description

318-320 East Market Street is a turnkey 4-unit income property featuring 3 residential units and 1 commercial storefront. All 3 residential units will be delivered occupied with tenants paying at or above market rates. The commercial storefront will be delivered vacant so you can ask full market rent from your new tenant. At the list price, the property has outstanding fundamentals with a pro forma 5.3 CAP RATE and 12.8 GRM. To make this one even better, all units are in good marketable condition, with upgrades by the current owner including new 200 amp electrical panels; updated plumbing; updated sprinkler and irrigation, and updated interior finishes and design in the residential units. The seller is motivated. This is one you don't want to miss.

Details

MLS #P1-28074
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1940
Days On Site61
Listing Provided ByCOMPASS | Teresa Fuller

Features

SQ Feet2,160
Story(s)2
Building(s)2
ZoningLBCMR
Acreage0.13
Property ViewNone

Interior

CoolingNone
Heating Yes / NoYes
Cooling Yes / NoNo
AppliancesWater Heater
Fireplace Yes / NoNo

Parking

Parking FeaturesDriveway
Garage Yes / NoNo

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountyLos Angeles
CityLong Beach
Zip Code90805
Area7 North Long Beach
Community NameNot Applicable
Listing VS Median (in Not Applicable)
Price:
$1,295,000
low | high
Med:
$95,000
100% of Average
sqft:
2,160
low | high
Med:
700
100% of Average
$ / sqft:
$600
low | high
Med:
$136
100% of Average
On site:
61
low | high
Med:
68
89.705882352941% of Average
Sourced by Back At You

Market Activity 90805

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90805
Area7 North Long Beach
Community NameNot Applicable
Listing VS Median (in Not Applicable)
Price:
$1,295,000
low | high
Med:
$95,000
100% of Average
sqft:
2,160
low | high
Med:
700
100% of Average
$ / sqft:
$600
low | high
Med:
$136
100% of Average
On site:
61
low | high
Med:
68
89.705882352941% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $971K - $1.618M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
180 E 55th Property Photo 1
$750,000
180 E 55th
Long Beach, CA 90805
Listing Updated: September 8, 2026 at 11:54:40 AM PDT

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