CA > Long Beach
Long Beach, CA 90805,560 E Adams ST
Long Beach, CA 90805,560 E Adams ST
Long Beach, CA 90805,560 E Adams ST
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LaKeshia Lindsey

LaKeshia Lindsey

+1(619) 746-0849
$2,880,000
Est. payment /mo
0.31 Acres Lot
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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25079277

HOA Y/N No

Year Built 1958

Lot Size 0.314 Acres

Property Sub-Type Apartment

Property Description

**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

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LBR4R

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 16

Pool Fenced, In Ground, Private

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 16

Private Pool Yes

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7115028008

Energy Description 6716.0

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Doug Rodermund • Morgan Skenderian • dsr@morganskenderian.com
agent-avatar

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California. 

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

USA

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