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520 E Adams Street, 
Long Beach, CA 90805

$4,695,000

—

Bed

—

Bath

17,520

Sq Ft

Multi-Family

Active

Listed by

Doug Rodermund

Morgan Skenderian

949-251-8800

Last updated:

July 14, 2025, 10:18 AM

MLS#

PW25079143

Source:

CRMLS

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

Last Updated:

July 14, 2025, 10:18 AM

Added:

3 month(s) ago

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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Associated Brokers is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Associated Brokers, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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