$1,249,000
 $6,705 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. 2 of the 4 units are currently occupied with tenants paying at or above market rates. 2 of the 4 units are currently vacant. At the list price, the property has outstanding fundamentals with a pro-forma 6.5 CAP RATE and 12.35 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 Site118
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:
$1,249,000
low | high
Med:
$7,600
100% of Average
sqft:
2,160
low | high
Med:
2,869
17.199074074074% of Average
$ / sqft:
$578
low | high
Med:
$3
100% of Average
On site:
118
low | high
Med:
26
100% of Average
Sourced by Back At You

Market Activity 90805

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Additional Information

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Contact

Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityLong Beach
Zip Code90805
Area7 North Long Beach
Community NameNot Applicable
Listing VS Median (in Not Applicable)
Price:
$1,249,000
low | high
Med:
$7,600
100% of Average
sqft:
2,160
low | high
Med:
2,869
17.199074074074% of Average
$ / sqft:
$578
low | high
Med:
$3
100% of Average
On site:
118
low | high
Med:
26
100% of Average
Sourced by Back At You
Listing Updated: November 9, 2026 at 1:40:55 PM PST