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$ 2,795,000
Est. payment /mo
Active Under Contract
541 E 64th Street Long Beach, CA 90805
1 Bed
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PW25079294
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
**Excellent North Long Beach Location Across From Jordan High School & Houghton Park** **Priced at $174,687/Unit & $274.18/SF** **9.68 GRM & 7.1% Cap Rate on Current Income** **7.64 GRM & 9.8% Cap Rate on Market Rents** **First Time on the Market in Decades** ----The 64th Street Apartments offer 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 covered parking, gated access and an on-site laundry room. ----Also for sale are neighboring properties of 520 Adams, 540 Adams, 555 Adams & 560 Adams
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Artesia Blvd and West of Atlantic Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7115028005
Listed by Doug Rodermund Morgan Skenderian