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318 E Market St, Long Beach, CA 90805
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318 E Market St Long Beach, CA 90805

$850,000 Sold Price as of 07/19/2022
  • 3 Beds
  • 3 Baths
  • 2,160 Sq.Ft.
Sold
$850,000 Sold Price as of 07/19/2022 Refinance Your Mortgage
Map preview of 318 E Market St, Long Beach, CA 90805

Property Overview: 318 E Market St Long Beach, CA has 3 bedrooms, 3 bathrooms, 2,160 living square feet and 5,654 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This mixed use property features three total units. A commercial store front that is currently operating as a Beauty/Barber Shop, with it's own office area and bathroom. Directly above the Beauty/Barber Shop is a large one bedroom apartment with a living room, bedroom, large kitchen and dining area and bathroom. Access to the apartment is from the rear of the building. The back unit is a detached single family two bedroom home with a large gated front yard. Large two car garage on premises, along with a long driveway and off street parking. Live in one unit and collect rent from the other two.

Listed by Donna Herman | BRE #01835954 | Keller Williams Coastal Prop.
Last checked: 2 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 181

Home details

Lot Sq. Ft
5,654
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW21260774
City
Long Beach
County
Los Angeles
Time on Site
884 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,075
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $840
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 318 E Market St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • In Garage
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 7131004004
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Between Lotus and Elm on the south side of the street, west of Atlantic
View more facts & features

Local Long Beach Agent

Sale History for 318 E Market St

Last sold for $850,000 on July 19th, 2022

  • July, 2022

  • Jul 19, 2022

    Date

    Sold

    CRMLS: PW21260698

    $850,000

    Price

  • Dec 7, 2021

    Date

    Active

    CRMLS: PW21260698

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    This mixed use property features three total units. A commercial store front that is currently operating as a Beauty/Barber Shop, with it's own office area and bathroom. Directly above the Beauty/Barber Shop is a large one bedroom apartment with a living room, bedroom, large kitchen and dining area and bathroom. Access to the upstairs apartment is from the rear of the building. The back unit is a detached single family two bedroom home with a large gated front yard. Large two car garage on premises, along with a long driveway and off street parking. Live in one unit, and collect rent from the other two!

  • July, 2022

  • Jul 19, 2022

    Date

    Sold

    CRMLS: PW21260774

    $850,000

    Price

  • Dec 7, 2021

    Date

    Active

    CRMLS: PW21260774

    $850

    Price

  • December, 2021

  • Dec 7, 2021

    Date

    Active

    CRMLS: PW21246183

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    This mixed use property features three total units. A commercial store front that is currently operating as a Beauty/Barber Shop, with it's own office area and bathroom. Directly above the Beauty/Barber Shop is a large one bedroom apartment with a living room, bedroom, large kitchen and dining area and bathroom. Access to the apartment is from the rear of the building. The back unit is a detached single family two bedroom home with a large gated front yard. Large two car garage on the premises, along with a long driveway and off street parking. Live in one unit, and collect rent from the other two!

  • December, 2020

  • Dec 24, 2020

    Date

    Price Change

    CRMLS: PW20233153

    $900,000

    Price

  • Nov 5, 2020

    Date

    Active

    CRMLS: PW20233153

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    This family-owned property has been well taken care of. A full-time manager and long time tenants make this a great stable property. 3 total units make up the sqft total of 2,160sqft. The front building has an upstairs 1 bedroom 1 bath with a private separate entrance. Downstairs is a retail space currently used as a barbershop. It's an amazing space with a small office and a bathroom. The back house is detached, it has 2 bedrooms and 1 bathroom. And a huge fenced hard. The property also had a 2 car garage and plenty of flat area to park at least 6 cars. With some imagination, the property can be reimagined and repurposed for more living space and more units by repurposing the existing garage and retails space into living space. there are 3 separate 3D tours of the property. https://my.matterport.com/show/?m=f43C2Pg34cM&mls=1

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Tax History for 318 E Market St

Assessed Value (2020): $120,769
Year Land Value Improved Value Assessed Value
2020 $62,311 $58,458 $120,769

Home Value Compared to the Market

This property vs the competition

318 E Market St sold on July 19, 2022 for 6.25% higher than the current median sold price for the city of Long Beach which is $800,000. The median sold price per/sqft for Long Beach is $632 and this home is sold at $393.52 per/sqft which puts the price per square foot 37.73% lower than the current median sale per square foot for the city of Long Beach.

About 318 E Market St

Detailed summary of property

318 E Market St is a mixed use that recently sold in Long Beach, CA 90805. This mixed use property offered 3 bedrooms, 3 bathrooms, roughly 2,160 living square feet, and sits on an approximately 5,654 square foot lot. 318 E Market St was first listed on ArdentRealEstateGroup.com on December 7, 2021. The homeowner sold the property for $850,000. Home in Long Beach are selling for a median price of $800,000 and a median price per square foot of $632. Based on Ardent Real Estate Group's Long Beach Market Data, this home is sold 6.25% higher than the current median priced home. Local homes that are currently for sale include 10201 S Vermont Ave, 9811 S Vermont Ave and 8312 S Broadway. While the average home in Long Beach, CA is selling in 51 days, 318 E Market St has a days on market of 181 days. There are currently 639 homes for sale in the Long Beach real estate market and 354 of them are single family homes while 271 of them are condos and 14 are townhomes. For more information on this home for sale at 318 E Market St Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 318 E Market St

Public county record property details
Beds
2
Baths
1
Year built
1940
Sq. Ft.
2,160
Lot Size
5,625
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
290,291
APN
7131-004-004

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$679,999
Median List Price/Sq.Ft.
$563
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
61
Median Sale to List Price %
101.69%
Avg Days on Market
26
Loan Type
Conventional (47.83%), FHA (17.39%), VA (4.35%), Cash (13.04%), Other (17.39%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 318 E Market St

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Recently Sold Homes Near 318 E Market St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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