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$2,795,000

Est. payment - /mo

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3 Beds

3 Baths

Price Dropped by $85K

560 E Adams Street Long Beach, CA 90805

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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.

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Richard Combs

[email protected] +1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25079277

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

Property Description

**Mix of Studio, 1 & 2-Bedroom Units** **Priced at $174,688/Unit & $273.70/SF** **7.66 GRM & 9.7% 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

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 7115028008

Listed by Doug Rodermund Morgan Skenderian

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

560 E Adams Street Long Beach, CA 90805

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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560 E Adams Street