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318-320 E Market Street, Long Beach, CA 90805

Long Beach
Local realty services provided by:CENTURY 21 Masters
318-320 E Market Street,Long Beach, CA 90805
$1,295,000
  • 5 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: teresa fuller
Office: compass
MLS#:P1-28074
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,295,000

About this home

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.

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Home facts

  • Listing ID #:P1-28074
  • Added:59 day(s) ago
  • Updated:September 15, 2026 at 02:09 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$1,295,000
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