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listing
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Residential IncomeFor Sale
$2,880,000
560 E Adams Street
Long Beach, CA 90805
Listing Office: Morgan Skenderian
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$14,966/mo

**Mix of Studio, 1 & 2-Bedroom Units** **Priced at $180,000/Unit & $282/SF** **7.89 GRM & 9.2% 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

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Information courtesy of Morgan Skenderian is subject to verification and is not guaranteed.
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