541 E 64th Street, Long Beach, CA

$2,795,000

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1

Bed

1

Bath

0.31

Acres

About 541 E 64th Street

**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

Features of 541 E 64th Street

MLS® # PW25079294
Price $2,795,000
Bedrooms 1
Bathrooms 1.00
Acres 0.31
Year Built 6000
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Pending

Community Information

Address 541 E 64th Street
Area LONG BEACH (90805)
City Long Beach
County Los Angeles
State CA
Zip Code 90805

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed April 10th, 2025
Days on Market 113
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMorgan Skenderian

Listing Map

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