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$1,369,000

Est. payment - /mo

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5,654 Sqft Lot

New

318 320 E Market ST Long Beach, CA 90805

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-28074

HOA Y/N No

Year Built 1940

Lot Size 5,654 Sqft

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

Zoning LBCMR

Interior

Cooling None

Fireplaces Type None

Fireplace No

Appliance Water Heater

Laundry Inside

Exterior

Parking Features Driveway

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Story Two

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 7131004004

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Teresa Fuller COMPASS #01315387

NEARBY SCHOOL & BUSINESS

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