James Melton
James Melton, California Value Group, Inc.Phone: (714) 318-4664
Email: [email protected]

Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7
listing
1 of 7
Residential IncomeFor Sale
$2,925,000
555 E Adams Street
Long Beach, CA 90805
Listing Office: Morgan Skenderian
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$15,198/mo

**Pride of Ownership Community Across From Jordan High School & Houghton Park** **Priced at $182,813/Unit & $283/SF** **9.84 GRM & 6.7% Cap Rate on Current Income** **7.98 GRM & 9.0% Cap Rate on Market Rents** **Easy Upside in Rental Income for a New Owner** ----555 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, 560 Adams & 541 E. 64th Street

Get in touch
Information courtesy of Morgan Skenderian is subject to verification and is not guaranteed.
Community / School Information