Long Beach, CA 90805,560 E Adams Street
Listed by Doug Rodermund • Morgan Skenderian
Bought with Bill Larson • First Team Real Estate
$2,735,375
$2,795,000
2.1%
Est.Price: ?

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10,212 SqFt

560 E Adams Street Long Beach, CA 90805

Est. payment /mo
SOLD DATE : 10/20/2025

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Key Details

Sold Price $2,735,375

Property Type Commercial Sale

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 10,212 sqft

Price per Sqft $267

MLS Listing ID CRPW25079277

Year Built 1958

Lot Size 0.314 Acres

Property Sub-Type Other

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

Interior

Laundry Other

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Bay East Association of Realtors

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Peter Cheung

Peter Cheung

Realtor | CA BRE#: 02070039

+1(510) 387-3876

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