318 Market, Long Beach CA 90805 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Teresa Fuller of COMPASS. Last updated 2026-10-06 08:10:58.000000. Listing information © 2026 Sandicor.

Asking Price: $1,295,000 | ​​​​​​​

318 Market, Long Beach CA 90805

Community: ​7 - North Long Beach

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This property was built in 1940 and is priced at $1,295,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: P1-28074
  • Type:
  • Year Built: 1940
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.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152