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520 E Adams Street, 
Long Beach, CA 90805

$4,800,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Doug Rodermund

Morgan Skenderian

Last updated:

April 15, 2025, 02:08 PM

MLS#

PW25079143

Source:

SANDICOR

About This Home

520 E Adams Street

**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

Home Facts

Multi-Family

Built in 6000

Price Summary

4,800,000

MLS #:

PW25079143

Last Updated:

April 15, 2025, 02:08 PM

Added:

13 day(s) ago

Structure

Structure

Year Built:

6000

Lot

Lot Size (Sq. Ft):

26,464

Finances & Disclosures

Finances

Price:

$4,800,000

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