CA > Long Beach
Long Beach, CA 90805,520 E Adams Street
Long Beach, CA 90805,520 E Adams Street
Long Beach, CA 90805,520 E Adams Street
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
5
Jul
Sun
6
Jul
Mon
7
Jul
Glen Henderson

Glen Henderson

+1(619) 500-3222
$4,695,000
Est. payment /mo
3 Beds
2 Baths
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25079143

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Description

**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

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Artesia Blvd and West of Atlantic Ave

Interior

Fireplace No

Exterior

Pool Below Ground, Private

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 7115028010

Read Less Info
MLS Router / San Diego MLS
Listed by Doug Rodermund Morgan Skenderian
agent

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Glen Henderson, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.