555 E Adams Street, Long Beach, California 90805
- $2,840,000
- $2,925,000
- $2,840,000
- $2,925,000
Overview
- Apartment, Residential Income
- 10310 Sqft
- 1958
Description
**Pride of Ownership Community Across From Jordan High School & Houghton Park** **Priced at $177, 500/Unit & $275.46/SF** **9.55 GRM & 7.1% Cap Rate on Current Income** **7.74 GRM & 9.5% Cap Rate on Market Rents** **Easy Upside in Rental Income for a New Owner** —-555 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, 560 Adams & 541 E. 64th Street
Address
Open on Google Maps-
Address: 555 E Adams Street
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City: Long Beach
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State/county: CA
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Zip/Postal Code: 90805
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Country: US
Details
Updated on November 1, 2025 at 5:03 am-
Property ID PW25079249
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Price $2,840,000
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Property Size 10310 Sqft
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Land Area 0.3418 Acres
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Year Built 1958
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan, Conventional, 1031 Exchange
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool Fenced, In Ground, Private
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Community Features Curbs, Gutter(s), Sidewalks
Mortgage Calculator
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Down Payment
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