520 E Adams Street, Property Listing: MLS® #PW25079143

**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

520 E Adams Street, Property Listing: MLS® #PW25079143 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW25079143
  • 520 E Adams Street
  • , CA 90805
  • $4,800,000
  • 0.61 Acres
  • Office: Morgan Skenderian

**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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Essential Information

  • MLS® #PW25079143
  • Listing Price$4,800,000
  • Original Listing Price$4,800,000
  • Date ListedApril 10th, 2025
  • Days on Market1
  • Bathrooms0.00
  • Acres0.61
  • Lot Sq.Ft.26,464
  • Year Built6000
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$447

Community Information

  • Address520 E Adams Street
  • AreaLONG BEACH (90805)
  • CountyLos Angeles
  • StateCA
  • Zip Code90805

Amenities

  • Has PoolYes
  • PoolBelow Ground, Private

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on June 16th, 2025 at 2:23am PDT.