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Sold$4,596,812on Oct 20, 2025
520 E Adams Street, Long Beach, Ca 90805
Morgan Skenderian
3Beds
2Baths
6000Built
113Days Listed
1Lot Sq Ft
About This Property
**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
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 3
- Bathrooms
- 2
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 6000
- Status
- Sold
- Days on Market
- 113
- Cumulative Days on Market
- 114
- Original Price
- $4,800,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Long Beach Market Snapshot
583
Active Listings
$770K
Median Price
49
Avg Days on Market
Last updated: Nov 1, 2025
More Sold Properties in Long Beach
View allListed by
Doug Rodermund, Morgan Skenderian · 949-251-8800
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$4,695,000