Mixed-Use Income
318 320 E Market St Long Beach, CA 90805
New
For Sale
$1,369,000
Turnkey mixed-use building with three residential units and a commercial storefront currently operating as a barbershop.
Days on Market7
Property Features for 318 320 E Market St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1940
Listing Agency:
COMPASS
(917) 494-3278
Listed By:
Adam Yokell · License #01315387
(917) 494-3278
Source:
Elliman
Added: Jul 19
Changed: Jul 23
Last Checked: Jul 24 at 11:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS
Investment Insights
Based on property information with market context.
This turnkey mixed-use income property features three residential units and one commercial storefront currently operating as a barbershop. The building is described as being in good marketable condition, with owner upgrades that include new 200 amp electrical panels, updated plumbing, updated sprinkler and irrigation, and refreshed interior finishes and design.
The property is located at 318–320 East Market Street. The listing indicates all four units will be delivered with month-to-month tenants paying at or above market rates.
From an operating standpoint, the current gross monthly rent is reported as $7,755, and the offering is presented as producing a solid cap rate and GRM.
The property is located at 318–320 East Market Street. The listing indicates all four units will be delivered with month-to-month tenants paying at or above market rates.
From an operating standpoint, the current gross monthly rent is reported as $7,755, and the offering is presented as producing a solid cap rate and GRM.
Key Highlights
- 1940‑built mixed‑use property with 3 residential units and 1 commercial storefront currently operating as a barbershop
- All 4 units delivered with month‑to‑month tenants; current gross monthly rent is $7,755
- Owner upgrades include new 200 amp electrical panels and updated plumbing
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Turnkey mixed-use building with three residential units and a commercial storefront currently operating as a barbershop.
Where is this triplex located?
The property is located at 318 320 E Market St Long Beach, CA.
What is the asking price?
The asking price for this property is $1,369,000.
What are key features of this property?
This property features: 1940‑built mixed‑use property with 3 residential units and 1 commercial storefront currently operating as a barbershop; All 4 units delivered with month‑to‑month tenants; current gross monthly rent is $7,755; Owner upgrades include new 200 amp electrical panels and updated plumbing
