318 320 E Market Street
Long Beach, CA 90805
5
Bed
4
Bath
5,654Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: WaterHeaterLaundry Features: Inside -
Heating & Cooling
Has Heating: Yes Cooling: None
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Building Information
Year Built: 1940Building Area Total: 2160Stories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 5654 Lot Size Acres: 0.1298 Lot Size Source: PublicRecords Lot Size Square Feet: 5,654Property Information
Subdivision: Not Applicable Source Property Type: ResidentialIncome Postal Code Plus 4: 5912 Levels: Two Property Age: 86
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Listing Price Information
Listing Price: $1295000Original Price: $1369000Cash, CashToNewLoan
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Tax Information
Parcel Number: 7131004004 Tax Lot: 291
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Virtual Tour
Parking Information
Parking Total: 2 Driveway
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Location Information
Direction: Crossstreets: Elm Ave & Locust Ave
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6170 Downey Avenue, Long Beach, CA, 90805 | $795,000 | 3 | 2 | 1,386 | 5,964 Sq. Ft |
| 3502 E Allington Street, Long Beach, CA, 90805 | $699,000 | 2 | 1 | 927 | 5,177 Sq. Ft |
| 6651 Coronado, Long Beach, CA, 90805 | $850,000 | 3 | 2 | 1,598 | 7,645 Sq. Ft |
| 3405 E Harding, Long Beach, CA, 90805 | $670,000 | 4 | 2 | 1,200 | 6,237 Sq. Ft |
| 2841 E 69th, Long Beach, CA, 90805 | $759,900 | 4 | 3 | 1,223 | 5,977 Sq. Ft |
| 6626 Orizaba Avenue, Long Beach, CA, 90805 | $2,275,000 | 11 | 9 | 4,213 | 10,593 Sq. Ft |
| 6372 Raymond Avenue, Long Beach, CA, 90805 | $750,000 | 2 | 1 | 1,156 | 6,270 Sq. Ft |
| 6634 Minnesota, Long Beach, CA, 90805 | $599,000 | 2 | 1 | 816 | 4,800 Sq. Ft |
| 6639 Rose, Long Beach, CA, 90805 | $699,900 | 2 | 1 | 901 | 5,252 Sq. Ft |
| 5952 Gaviota, Long Beach, CA, 90805 | $719,900 | 2 | 1 | 960 | 4,750 Sq. Ft |
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ByOwner last updated this listing 09/21/2026 @ 01:37
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