318 E Market St

Long Beach, CA 90805
  • $1,249,000

    Price
  • 5

    Bed
  • 4

    Bath
  • 2,160

    SqFt
  • 0.13

    Acre

About the Listing PF10755 - P785794,CLW-C139403

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.

Listing Highlights for 318 E Market St

Status Active
Days on Site 111
Property Type Multi-Family
MLS ® P1-28074
Year Built 1940
Total Square Footage 2,160
Lot/Acreage 0.13

Interior Details

  • Bedrooms: 5
  • Bathrooms: 4 Full
  • Appliances: Water Heater
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Zoning: LBCMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7131004004
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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Listing Location

Questions About..

318 E Market St Long Beach, CA 90805

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Originating MLS: CRMLS

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