520 E Adams Street, Long Beach, CA 90805
Local realty services provided by:ERA North Orange County Real Estate
520 E Adams Street,Long Beach, CA 90805
$4,695,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:doug rodermund
Office:morgan skenderian
MLS#:PW25079143
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,695,000
About this home
**Excellent Unit Mix of 1 & 2-Bedroom Units** **Priced at $184,615/Unit & $273/SF** **10.42 GRM & 6.5% Cap Rate on Current Income** **7.94 GRM & 9.4% Cap Rate on Market Rents** **Easy Upside in Rental Income for a New Owner** **Ideal Rental Location on Residential Street in North Long Beach** ----520 E. Adams Street offers an investor the opportunity to acquire 26 units in the strong rental market of North Long Beach. The property sits on a residential street across the street from Jordan High School and Houghton Park, and has easy access to the 91 & 710 Freeways. Residents enjoy a community pool, covered parking, gated access and an on-site laundry room. --------Also for sale are neighboring properties of 540 Adams, 555 Adams, 560 Adams & 541 E. 64th Street
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Home facts
- Year built:6000
- Listing ID #:PW25079143
- Added:176 day(s) ago
- Updated:October 05, 2025 at 07:35 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Structure and exterior
- Year built:6000
Finances and disclosures
- Price:$4,695,000
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