540 E Adams Street, Property Listing: MLS® #PW25079195

**Pride of Ownership Community Across From Jordan High School & Houghton Park** **Priced at $180,000/Unit & $279/SF** **9.69 GRM & 6.8% Cap Rate on Current Income** **7.84 GRM & 9.2% 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

540 E Adams Street, Property Listing: MLS® #PW25079195 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW25079195
  • 540 E Adams Street
  • , CA 90805
  • $2,880,000
  • 0.32 Acres
  • Office: Morgan Skenderian

**Pride of Ownership Community Across From Jordan High School & Houghton Park** **Priced at $180,000/Unit & $279/SF** **9.69 GRM & 6.8% Cap Rate on Current Income** **7.84 GRM & 9.2% 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

Supplemental Remarks

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Essential Information

  • MLS® #PW25079195
  • Listing Price$2,880,000
  • Original Listing Price$2,880,000
  • Date ListedApril 10th, 2025
  • Days on Market1
  • Bathrooms0.00
  • Acres0.32
  • Lot Sq.Ft.14,014
  • Year Built6000
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$272

Community Information

  • Address540 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 11:39pm PDT.