For Sale
No HOANo HOA
Multi family home for sale at 318 E 320 Market St, Long Beach, CA 90805 | MLS# P1-28074 | Listing updated on 2026-10-10
Photo 1 of Multi family home for sale at 318 E 320 Market St, Long Beach, CA 90805 | MLS# P1-28074 | Listing updated on 2026-10-10
Photo 2 of Multi family home for sale at 318 E 320 Market St, Long Beach, CA 90805 | MLS# P1-28074 | Listing updated on 2026-10-10
Photo 3 of Multi family home for sale at 318 E 320 Market St, Long Beach, CA 90805 | MLS# P1-28074 | Listing updated on 2026-10-10
Photo 4 of Multi family home for sale at 318 E 320 Market St, Long Beach, CA 90805 | MLS# P1-28074 | Listing updated on 2026-10-10
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Listed by: Teresa Fuller (626) 483-0710 DRE #01315387, Adam Yokell DRE #02178885 | COMPASS (626) 205-4040

$1,249,000

Monthly Est:$6,217

  • Beds Icon5 Beds
  • Beds Icon
    4 Baths
  • Beds Icon2,160sqft

318 E 320 Market St, Long Beach, CA 90805

$6,217/moEst:

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  • Multi Family

  • Built in 1940

  • $-- HOA

  • 5,654 sqft lot

  • $578/sq.ft

Description

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.

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 10, 2026 at 3:29 am
  • Source: California Regional MLS-CA | MLS#: P1-28074 California Regional MLS-CA

Part of

Building
318 E 320 Market St
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Los Angeles County

  • City

    Long Beach

  • Neighborhood

    Addams

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    2,160 sqft

  • Lot Size

    5,654 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    P1-28074

  • MLS Status

    Active

  • Days on Market

    84

  • Cumulative Days on Market

    80

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 5

    Bathrooms: 4

Interior

  • Appliances

    Water Heater

  • Cooling

    None

Utilities & Energy

  • Pool Features

    None

  • Laundry Features

    Inside

  • Fireplace Features

    None

  • Parking Features

    Driveway

Other Features

  • Subdivision Name

    Not Applicable

  • Tenant Pays

    Electricity, Gas, Grounds Care, Pest Control, Repairs, See Remarks, Trash Collection

  • Community Features

    Street Lights, Sidewalks

Price History

DateEventPrice

10/09/2026

Source: mls_logoCalifornia Regional MLS-CA #P1-28074

Price Decreased

$1,249,000 -3.55%

$578/sqft

09/08/2026

Source: mls_logoCalifornia Regional MLS-CA #P1-28074

Price Decreased

$1,295,000 -5.41%

$600/sqft

07/16/2026

Source: mls_logoCalifornia Regional MLS-CA #P1-28074

Listed for Sale

$1,369,000

$634/sqft

07/16/2026

Source: mls_logoCalifornia Regional MLS-CA #P1-28074

Off Market

$1,369,000

$634/sqft

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage