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Stacey Alysson Melman

320 E Market ST
Long Beach, CA, 90805
$1,295,000
Beds
0 Baths
0 SqFt
0.13 Acres
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MLS #P1-28074 image #0
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.
AGENT: Teresa Fuller
LISTING BROKERAGE: COMPASS
320 E Market ST
Long Beach, CA

Property Details

Price:
$1,295,000
MLS #:
P1-28074
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
7northlongbeach
Listed Date:
Jul 17, 2026
Total Sq Ft:
2,160
Lot Size:
5,654 sqft / 0.13 acres (approx)
Year Built:
1940
7 – North Long Beach7northlongbeachNone
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Schools

Interior

Appliances
WHU
Cooling
NO
Laundry Features
IN
Levels
U

Exterior

Common Walls
_1CW
Community Features
SDW, SL
Parking Spots
2
Parking Total
2
Spa Features
NO
View
NO

Financial

Net Operating Income
$73,607

Map

Community

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