520 E Adams Street, Long Beach, CA 90805

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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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:SANDICOR

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:125 day(s) ago
  • Updated:August 15, 2025 at 07:21 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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