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Property view

520 E Adams Street, 
Long Beach, CA 90805

$4,596,812

—

Bed

—

Bath

17,520

Sq Ft

Multi-Family

Sold

Listed by

Doug Rodermund

Bought with First Team Real Estate

Morgan Skenderian

949-251-8800

MLS#

PW25079143

Source:

CRMLS

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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 1959

Price Summary

4,695,000

$267 per Sq. Ft.

MLS #:

PW25079143

Sold:

October 20, 2025

Rooms & Interior

Interior

Living Area:

17,520 Sq. Ft.

Structure

Structure

Building Area:

17,520 Sq. Ft.

Year Built:

1959

Lot

Lot Size (Sq. Ft):

26,462

Finances & Disclosures

Finances

Price:

$4,695,000

Price per Sq. Ft:

$267 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of December 17, 2025 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.