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Sold for $2,735,375 on 10/20/25
  • Listing Provided by: 

    Doug Rodermund DRE #01314304 dsr@morganskenderian.com,

    Morgan Skenderian

    Bought with: First Team Real Estate
    $2,735,375

    560 E Adams St, Long Beach, CA 90805

    32beds
    32baths
    10,212sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $2,735,100 Zestimate®
    $268/sqft
    $-- Estimated rent

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    What's special

    **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

    Zillow last checked: 8 hours ago

    Listing updated: October 31, 2025 at 10:03pm

    Listing Provided by:

    Doug Rodermund DRE #01314304 dsr@morganskenderian.com,

    Morgan Skenderian

    Bought with:

    Bill Larson, DRE #01373184

    First Team Real Estate

    Source: CRMLS,MLS#: PW25079277MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 32
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,212
    • Total interior livable area: 10,212 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Carport
    • Carport spaces: 16
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Has private pool: Yes
    • Pool features: Fenced, In Ground, Private
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 7115028008
    • Zoning: LBR4R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Long Beach

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange
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    Estimated market value
    $2,735,100