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  • Listing Provided by: 

    Doug Rodermund DRE #01314304 dsr@morganskenderian.com,

    Morgan Skenderian

    Price cut: $85K (6/27)
    $2,795,000

    541 E 64th St, Long Beach, CA 90805

    16beds
    16baths
    10,194sqft
    : 
    Multi Family
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Covered parkingOn-site laundry roomGated access
    **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
    113 days
    on Zillow
    |
    20
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: 9 hours ago

    Listing Provided by:

    Doug Rodermund DRE #01314304 dsr@morganskenderian.com,

    Morgan Skenderian

    Source: CRMLS,MLS#: PW25079294MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 16
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,194
    • Total interior livable area: 10,194 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Carport
    • Carport spaces: 16
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 7115028005
    • 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: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $274/sqft
    • Date on market: 4/10/2025
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange
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