520 E. Adams Street

For Sale

520 E. Adams Street, Long Beach, CA 90805

This Long Beach property for sale is located at 520 E. Adams Street. The current listed sale price for 520 E. Adams Street is $4,800,000. 520 E. Adams Street is situated on a lot that is 0.61 acre in size.

Contacts

broker
Doug Rodermund

Morgan Skenderian Investment Real Estate Group

Property Details

  • Property Type Multi-Family
  • Property Size 17,520 SF
  • Units 26
  • Lot Size 0.61 Acre
  • Year Built 1959
  • Date Updated Apr 14, 2025
Discover the vibrant charm of Long Beach, CA, where your investment at this prime location provides easy access to a wide array of attractions. Situated in a thriving neighborhood, the property is surrounded by an abundance of dining, shopping, and entertainment options. From leisurely strolls along the picturesque shores of Long Beach to exploring the cultural offerings of the Museum of Latin American Art and the Long Beach Museum of Art, this area is rich with opportunities. Investors seeking a Multifamily/Low-Rise/Garden property will appreciate the diverse recreational and lifestyle amenities available to potential residents in this desirable location.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. The city of Long Beach has become one of the Southland’s strongest rental markets, in part due to its central location and rapidly improving neighborhoods. It’s diverse economy includes shipping, trade, manufacturing, tourism, healthcare and education. It is home to California State University Long Beach and one of the busiest ports in the world with The Port of Long Beach.
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Highlights

  • 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

Getting around

  • 61/100

    Walk Score ®

  • 49/100

    Transit Score ®

  • 76/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Long Beach, CA
  • Neighborhood DeForest Park
  • Zip Code 90805
  • Market Los Angeles

Points of Interest

  • Del Amo

    2.03 miles

  • Wardlow

    3.48 miles

  • Long Beach Boulevard

    4.04 miles

  • Willowbrook/Rosa Parks

    5.00 miles

  • Pacific Coast Highway

    5.55 miles

  • 103rd Street/Watts Towers

    5.98 miles

  • Avalon

    6.00 miles

  • Anaheim Street

    6.07 miles

  • 5th Street

    6.65 miles

  • Pacific Avenue

    6.74 miles

  • Valero

    0.79 miles

  • Chevron

    1.10 miles

  • Mobil

    1.11 miles

  • Circle K

    1.22 miles

  • Arco

    1.35 miles

  • 76

    1.62 miles

  • Petro Bras

    1.75 miles

  • EVgo

    3.02 miles

  • eVgo

    3.62 miles

  • Blink

    4.59 miles

  • Visitor Parking

    1.52 miles

  • Metro Park and Ride

    2.04 miles

  • parking structure

    2.79 miles

  • Frontier Parking

    3.23 miles

  • visitor parking

    3.68 miles

  • Long Beach Motel

    0.96 miles

  • Crystal Casino & Hotel

    1.96 miles

  • Motel 6

    2.15 miles

  • Royalty Inn

    2.41 miles

  • Artesia Motor Inn

    2.49 miles

  • Bellflower Travel Inn

    2.80 miles

  • Hotel Salina

    2.91 miles

  • Sunshine Motel

    2.94 miles

  • Lucky Lodge Motel

    3.01 miles

  • Rodeway Inn & Suites

    3.04 miles

  • Big Saver Foods

    0.71 miles

  • Best Food Market

    1.17 miles

  • Food 4 Less

    1.23 miles

  • Target

    1.32 miles

  • Fallas

    1.51 miles

  • Superior (market)

    1.53 miles

  • Northgate Market

    1.83 miles

  • Marshalls

    1.90 miles

  • ALDI

    1.91 miles

  • Smart & Final

    1.96 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Doug Rodermund

Morgan Skenderian Investment Real Estate Group

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