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 4 units will be delivered occupied with tenants paying at or above market rates. At the list price, the property has outstanding fundamentals with a 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.
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: $1249000Original 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 |
|---|---|---|---|---|---|
| 5940 Gundry Avenue, Long Beach, CA, 90805 | $899,000 | 4 | 4 | -- | 4,759 Sq. Ft |
| 6140 Orange Avenue, Long Beach, CA, 90805 | $1,020,000 | 7 | 4 | -- | 4,619 Sq. Ft |
| 6140 Orange Avenue, Long Beach, CA, 90805 | $1,020,000 | 7 | 4 | 3,335 | 4,619 Sq. Ft |
| 486 E Adair, Long Beach, CA, 90805 | $1,539,000 | 6 | 4 | -- | 6,089 Sq. Ft |
| 5174 Linden, Long Beach, CA, 90805 | $1,088,800 | 5 | 4 | -- | 4,882 Sq. Ft |
| 246 E Hullett Street, Long Beach, CA, 90805 | $1,245,000 | 5 | 4.5 | 3,884 | 5,956 Sq. Ft |
| 358 E 53rd Street, Long Beach, CA, 90805 | $539,000 | 2 | 2 | -- | 2,500 Sq. Ft |
| 92 E Louise, Long Beach, CA, 90805 | $1,100,000 | 8 | 4 | -- | 5,857 Sq. Ft |
| 42 W Mountain View Stre.., Long Beach, CA, 90805 | $1,250,000 | 7 | 5 | -- | 10,109 Sq. Ft |
Similar Multifamily To 318 320 E Market Street
Nearby For Sale
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ByOwner last updated this listing 10/10/2026 @ 16:14
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