#OC25012592, Marina Leung, Listing office: Coldwell Banker Realty
#PW25132490·
Listing office: Sage Real Estate Group, Inc.·
Listing agent: Naomi Yamagami Reed·
Listing office phone: 310-803-7662
$1,399,999 List price
134 E Market St Long Beach, CA 90805
0.09 acres
Multi-Family
Property details
About 134 E Market St
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 Joe’s, SteelCraft, and Atlantic Avenue’s 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 today’s 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. With a projected CAP rate of 6.43%, pro forma gross income of $143,400, and offered at just $1,450,000, 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 Beach’s most strategic rental corridors.
Highlights
Home typeQuadruplex
HeatingDuctless
StatusActive
CoolingDuctless
Lot size0.0861 Acres
Year built1955
MLS #PW25132490
Summary
- Interior: Ceiling Fan(s), Unfurnished
- Private Pool: No
- Parking: None
- Heating: Ductless
- Cooling: Ductless
- List Price: $1,399,999
- HOA Amount: $0
- Annual Tax Amount: $9,864
- Tax Year: 2024
- Directions: On E Market St between Long Beach Blvd and Atlantic Ave.
- Year Built: 1955
- Stories: 2
- Lot Size: 0.0861 Acres
- MLS Number: PW25132490
- MLS Name: CRMLS
- Office Name: Sage Real Estate Group, Inc.
- Office Phone: (310) 803-7662
- Listing Agent: Naomi Yamagami Reed
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 15, 2024 | Home Sold | $735,000 |
| Apr 15, 2024 | Home Sold | $550,000 |
| Aug 07, 2000 | Home Sold | $74,000 |
| Aug 07, 2000 | Home Sold | $74,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $726,927 | $9,864 |
| 2023 | $712,674 | $9,573 |
| 2022 | $698,700 | $8,991 |
| 2021 | $347,872 | $4,792 |
History based on county public records data.
Nearby schools
5
Addams Elementary School
Public District KG-5
0.1 mi
•5320 Pine Ave
5
Dooley Elementary School
Public District KG-5
0.4 mi
•5075 Long Beach Blvd
3
Barton Elementary School
Public District KG-5
1.0 mi
•1100 E Del Amo Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,679. Typical income of Long Beach, CA residents is less than $<35k annually. The most common type of family is single, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
59%
<35k
31%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
30%
Single, No Kids
33%
Single, with Kids
9%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
31%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
#PW25113227, Melvin Ortiz, Listing office: Realty Masters & Associates
3 days on Rocket
#DW25157991, Juan Avendano, Listing office: ReMax College Park Realty
#IG25124254, Jenny Yin, Listing office: HomeSmart Evergreen Realty
#RS25087200, Kristal Parseghian, Listing office: Century 21 On Target
#RS25091875, Kristal Parseghian, Listing office: Century 21 On Target
#DW25093487, Alberto Sanchez, Listing office: Century 21 A Better Service
#HD25121088, Kimberly Galvan, Listing office: Realty ONE Group Empire
Backup offers
#SR25106235, Annette Nelson, Listing office: Realty One Group Success
5 days on Rocket
#DW25147136, Pedro Saucedo, Listing office: eXp Realty of California Inc.
Frequently asked questions
About 134 E Market St
The listing price of 134 E Market St property is $1,399,999.
The property 134 E Market St is a multi located in Long Beach, California, 90805.
Active Listing: 134 E Market St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 134 E Market St are: Addams Elementary School (GreatSchools Rating 5/10), Dooley Elementary School (GreatSchools Rating 5/10), Barton Elementary School (GreatSchools Rating 3/10), Perry Lindsey Academy (GreatSchools Rating 3/10), Lindbergh STEM Academy (GreatSchools Rating 5/10), Colin Powell Academy (GreatSchools Rating 4/10), Jordan High School (GreatSchools Rating 3/10), Rancho Dominguez Preparatory School (GreatSchools Rating 3/10), The Education Corps (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $9,864 (source: MLS/based on county public records data).
The last sale was on April 15, 2024 for $735,000 (source: MLS/tax record).
The year of construction for 134 E Market St is 1955.
This home is located at 134 E Market St in Long Beach, CA and zip code 90805 in the The Harbor neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $1,399,999.
In June 2025, from all listings sold in Long Beach, CA there were more than 73 sold above asking price, over 90 sold below and more than 33 were sold right at the asked price. The number of homes for sale in Long Beach, CA increased by 4.8% between May and June 2025. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $836,224.
From Rocket Homes Real Estate and based on county public records data.