For sale

Listed by: COMPASS • Teresa Fuller

$1,369,000

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

--beds

--baths

2,160sqft

$9,277/mo

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Multi Family

Built in 1940

-- sqft lot

$-- Zestimate^®

$634/sqft

$-- HOA

What's special

Welcome to 318-320 East Market Street, a turnkey income opportunity featuring 3 residential units and 1 commercial storefront currently used as a barbershop. All 4 units will be delivered with month-to-month tenants paying at or above market rates, with current gross monthly rent at $7,755. The property is 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. Solid CAP RATE and GRM. Run the numbers yourself, you won't want to miss this one.

10 days

55

0

Facts & features

Interior

Heating

Has Heating (Unspecified Type)

Cooling

None

Appliances

Included: Water Heater
Laundry: Inside

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,160
Total interior livable area: 2,160 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway

Features

Levels: Two
Stories: 2
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 5,654 Square Feet

Details

Parcel number: 7131004004
Zoning: LBCMR
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

Year built: 1940

Community & HOA

Community

Features: Street Lights, Sidewalks
Subdivision: Not Applicable

Location

Region: Long Beach

Financial & listing details

Price per square foot: $634/sqft
Date on market: 7/17/2026
Listing terms: Cash,Cash to New Loan
Total actual rent: 7755
Tenant pays: Electricity, Gas, Grounds Care, Pest Control, Repairs, See Remarks, Trash Collection

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/17/2026	Listed for sale	$1,369,000$634/sqft
Source: CRMLS #P1-28074 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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