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Listed by Teresa Fuller, DRE #01315387 • COMPASS
$1,369,000
Est. payment /mo
5,654 Sqft Lot
New
318 320 E Market ST Long Beach, CA 90805
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Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-28074
Year Built 1940
Lot Size 5,654 Sqft
Source California Regional MLS
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
Area 7 - North Long Beach
Interior
Cooling None
Laundry Other
Exterior
Parking Features Other
Garage Spaces 2.0
Pool 31, None
View None
Building
Water Hot Water
Others
Tax ID 7131004004
Special Listing Condition Not Applicable
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