About 318 320 E Market Street
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.
Features of 318 320 E Market Street
| MLS® # | P1-28074 |
|---|---|
| Price | $1,295,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Acres | 0.13 |
| Year Built | 1940 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 318 320 E Market Street |
|---|---|
| Area | 7 - North Long Beach |
| Subdivision | Not Applicable |
| City | Long Beach |
| County | Los Angeles |
| Zip Code | 90805 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Driveway |
| Garages | Driveway |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Water Heater |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| Stories | Two |
Additional Information
| Date Listed | July 8th, 2026 |
|---|---|
| Days on Market | 52 |
| Zoning | LBCMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Teresa Fuller |
|---|---|
| Office | COMPASS |