540 E Adams Street, Long Beach, CA 90805

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
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540 E Adams Street,Long Beach, CA 90805
$2,795,000
  • - Beds
  • - Baths
  • 10,310 sq. ft.
  • Multi-family
  • Pending
Listed by:doug rodermund
Office:morgan skenderian
MLS#:PW25079195
Source:CRMLS

Price summary

  • Price:$2,795,000
  • Price per sq. ft.:$271.1

About this home

**Pride of Ownership Community Across From Jordan High School & Houghton Park** **Priced at $174,688/Unit & $271.10/SF** **9.32 GRM & 7.3% Cap Rate on Current Income** **7.61 GRM & 9.7% Cap Rate on Market Rents** **Easy Upside in Rental Income for a New Owner** ----540 E. Adams Street offers an investor the opportunity to acquire 16 units in the strong rental market of North Long Beach. The property sits 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 520 Adams, 555 Adams, 560 Adams & 541 E. 64th Street

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Home facts

  • Year built:1958
  • Listing Id #:PW25079195
  • Added:125 day(s) ago
  • Updated:August 13, 2025 at 07:30 AM

Rooms and interior

  • Living area:10,310 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:10,310 sq. ft.
  • Lot area:0.32 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,795,000
  • Price per sq. ft.:$271.1
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