318 320 E Market Street Long Beach, CA ^$ 1,369,000

318 320 E Market Street

^$ 1,369,000

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Recently Listed

318 320 E Market Street

Long Beach, CA, 90805

^$ 1,369,000

Studio Baths1.0 Sq 2,160

Monthly Estimate*

^$ 8,644

Listed by COMPASS

318 320 E Market Street, Long Beach, CA 90805 - Image 1

318 320 E Market Street, Long Beach, CA 90805 - Image 2

318 320 E Market Street, Long Beach, CA 90805 - Image 3

318 320 E Market Street, Long Beach, CA 90805 - Image 4

318 320 E Market Street, Long Beach, CA 90805 - Image 5

318 320 E Market Street, Long Beach, CA 90805 - Image 6

318 320 E Market Street, Long Beach, CA 90805 - Image 7

318 320 E Market Street, Long Beach, CA 90805 - Image 8

318 320 E Market Street, Long Beach, CA 90805 - Image 9

318 320 E Market Street, Long Beach, CA 90805 - Image 10

318 320 E Market Street, Long Beach, CA 90805 - Image 11

318 320 E Market Street, Long Beach, CA 90805 - Image 12

318 320 E Market Street, Long Beach, CA 90805 - Image 13

318 320 E Market Street, Long Beach, CA 90805 - Image 14

Studio

Multi-Family Home for sale in Long Beach, CA

for $1,369,000 with 1 full bath. This 2,160 square foot home was built in 1940 on a lot size of 0.1298.

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.

Multi-Family Active

Price

^$ 1,369,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1298

Year Built

1940

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

P128074

Days on Market

Features

General

Cooling None

Appliances Water Heater

Zoning LBCMR

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1940

Tenant Pays Electricity Gas Grounds Care Pest Control Repairs See Remarks Trash Collection

View None

Stories Count 2

Levels Two

Gross Income 93060

Community Features Street Lights Sidewalks

County Los Angeles

Net Operating Income 73607.18

Operating Expense 19452.82

Insurance Expense 5800

Property Type Residential Income

Subdivision Name Not Applicable

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Crossstreets: Elm Ave & Locust Ave

City Long Beach

Senior Community Y/N false

MLS Area 7 - North Long Beach

Lot Size Units Square Feet

Lot Size Square Feet 5654

Number of Units Leased 4

Listing Terms Cash Cash to New Loan

Spa Features None

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 2496

Rent Control Y/N false

Standard Status Active

Year Built Source Assessor

Tax Lot 291

Total Actual Rent 7755

Interior

Fireplace Features None

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N false

Laundry Features Inside

Total Baths 0

Exterior

Parking Features Driveway

Total Parking 2

Lot Size Area 5654

Number of Buildings 2

Spa false

Building Area Total 2160

Lot Size Acres 0.1298

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Compass

Broker

teresa.fuller@compass.com

Affordability Calculator

$8,644

Per Month

Monthly Principal & Interest: $8,644
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Long Beach, CA

Average List Price ^$1,853,813

Percent of Sale Price 35%

About Long Beach, CA

470,090 Population

2% Since 2002

^$57,916 Median Income

35.78 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/17/2026	$1,369,000		Listed Price

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318 320 E Market Street, Long Beach, CA, 90805 is a Multi-Family Home for sale at $1,369,000 with 2,160 sqft and a lot size of 0.1298. 318 320 E Market Street is a studio with 1.0 baths and was built in 1940. The property's zip code is 90805 which is in Long Beach, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/18/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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318 320 E Market Street

Multi-Family Home for sale in Long Beach, CA

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