$2,735,375
$2,795,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
10,212 SqFt
SOLD DATE : 10/20/2025
Key Details
Sold Price $2,735,375
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 10,212 sqft
Price per Sqft $267
MLS Listing ID CRPW25079277
Sold Date 10/20/25
HOA Y/N No
Year Built 1958
Lot Size 0.314 Acres
Property Sub-Type Other
Source Datashare California Regional
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
Fireplace No
Laundry Other
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