CA > Long Beach
Long Beach, CA 90805,134 E Market Street
Long Beach, CA 90805,134 E Market Street
Long Beach, CA 90805,134 E Market Street
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$1,350,000
Est. payment /mo
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3 Beds
3 Baths
Price Dropped by $49K

134 E Market Street Long Beach, CA 90805

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Patty Doyle

Patty Doyle

Hunter & Maddox Intl Real Estate

+1(619) 886-0321

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25132490

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Description

TOTAL 6 UNITS (2x Brand New ADUs & 4x Fully Renovated Units). 100% VACANT AT CLOSE OF ESCROW. Located just north of Virginia Country Club and minutes from Bixby Knolls, Trader Joes, SteelCraft, and Atlantic Avenues boutique corridor, 134 E Market St. offers investors the rare chance to own a completely repositioned 6-unit multifamily asset in a high-demand, evolving Long Beach submarket. This turn-key investment features four fully renovated units and two ground-up, newly constructed ADUs, all completed in 2024/2025 and delivered 100% vacant at the close of escrow. Investors have full lease-up control with no tenant buyouts, no rent restrictions on the new construction units, and zero deferred maintenance. Lease at full market rents and start cash flowing immediately. Every unit has been thoughtfully upgraded or newly constructed with todays rental market in mind. The property is individually metered for electricity (6 meters) and gas (4 meters; ADUs are electric only). Water and trash are master-metered, with the utility setup creating the potential for RUBS implementation, subject to lease terms and management approach offering an opportunity to streamline expenses and improve net operating income. This is a rare chance to acquire a low-maintenance, high-yield multifamily asset in a submarket seeing strong rent growth and city-backed revitalization - one of Long Beachs most strategic rental corridors. OM (Investment Package) available upon request!

Location

State CA

County Los Angeles

Zoning Assessor

Direction On E Market St between Long Beach Blvd and Atlantic Ave.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7131002007

MLS Router / San Diego MLS
Listed by Naomi Yamagami Reed Sage Real Estate Group, Inc.

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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134 E Market Street

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