318-320 E Market Street, Long Beach, CA 90805
318-320 E Market Street, Long Beach, CA 90805
318-320 E Market Street, Long Beach, CA 90805
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$1,369,000
Est. payment /mo
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5 Beds
4 Baths
5,654 Sqft Lot
New

318-320 E Market Street Long Beach, CA 90805

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-28074

Bedrooms 5

Lot Size 5,654 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Crossstreets: Elm Ave & Locust Ave

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 7131004004

Acceptable Financing Cash

Listing Terms Cash


MLS Router / San Diego MLS
Listed by Teresa Fuller, DRE#01315387 COMPASS 

NEARBY SCHOOL & BUSINESS

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Heejung Petri

Heejung Petri

Agent | License ID: 02209755

+1(619) 517-8820

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318-320 E Market Street