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Investment Highlights

  • 2 New ADU's with laundry
  • Over 20% upside in the rents. 6.6% Market CAP
  • 10 surface parking spaces
  • Priced well below replacement cost

Executive Summary

436–442 E. Market Street presents an exceptional investment opportunity to acquire a unique residential income property comprised of three separate buildings on an expansive 11,889 square foot lot. The front structure is a newly completed 1,814 square foot ADU duplex (completed May 2024), featuring two spacious 2-bedroom / 1-bath units, with laundry room, each offering 907 square feet of living space. Each unit is separately metered for water, gas, and electricity, providing added convenience and efficiency for ownership and management. Situated behind the duplex are two separate 4-plex buildings, originally constructed in 1964, with each building consisting of four 2-bedroom / 1-bath units, for a total of eight additional units. In total, the property offers 10 well-designed 2-bedroom / 1-bath units with 10 on-site parking spaces to accommodate tenants. Ideally located with convenient access to the 710, 605, and 405 freeways, this property offers strong rental appeal in a highly accessible location. With its desirable unit mix, substantial lot size, ample parking, and newly constructed front duplex, 436–442 E. Market Street represents an outstanding multifamily investment opportunity.

Property Facts

Price $3,437,400 CAD
Price Per Unit $343,740 CAD
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 7,480 SF
Average Occupancy 100%
No. Stories 1
Year Built 1964
Parking Ratio 1.34/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 10 $2,509 CAD -
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
7130-001-006
Land Assessment
$318,608 CAD
Improvements Assessment
$201,115 CAD
Total Assessment
$519,724 CAD
  • Listing ID: 40620762

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 436 E Market St, Long Beach, CA 90805

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