560 E ADAMS STREET, LONG BEACH CA 90805

  • 10,212 sq.ft.
  • 13,683 sq.ft. lot
offered at $2,880,000
MLS#:PW25079277
Status: Active // Property Type:
County: Los Angeles // Year Built: 1958

Property Description

**Mix of Studio, 1 & 2-Bedroom Units** **Priced at $180,000/Unit & $282/SF** **7.89 GRM & 9.2% Cap Rate on Market Rents** **Excellent North Long Beach Location Across From Jordan High School & Houghton Park** **Pride of Ownership Property** ----560 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, 540 Adams, 555 Adams & 541 E. 64th Street

Listing Courtesy of Doug Rodermund, Morgan Skenderian

Exterior Features

Exterior Features: Curbs, Gutters, Sidewalks
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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