**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
Pending
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
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$274/sqft
$-- HOA
What's special
Covered parkingOn-site laundry roomGated access
- 126 days
- on Zillow |
- 9 |
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