320 E Market Street

Long Beach, CA 90805

5,654 sq ft lot
Built 1940

Listed by: COMPASS

About this home

318-320 East Market Street is a turnkey 4-unit income property featuring 3 residential units and 1 commercial storefront. All 4 units will be delivered occupied with tenants paying at or above market rates. At the list price, the property has outstanding fundamentals with a 6.5 CAP RATE and 12.35 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.

Home details

Interior

Levels: Two
Appliances: Water Heater
Laundry: Inside
Fireplace: None
Cooling: None

Exterior & lot

Lot size: 5,654 sq ft (0.13 acres)
View: None
Pool: None
Garage spaces: 0
Parking: Driveway
Common walls: 1 Common Wall

Property & community

Property type: Residential Income
Year built: 1940
Community: Street Lights, Sidewalks
County: Los Angeles
MLS #: P1-28074
Listed: Jul 17, 2026

Location

Listed by: COMPASS

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 18, 2026 3:30 am.