Long Beach, CA 90805,541 E 64th Street
Listed by Doug Rodermund • Morgan Skenderian
$2,880,000
Est. payment /mo
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10,194 SqFt
Active

541 E 64th Street Long Beach, CA 90805

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,194 sqft

Price per Sqft $282

MLS Listing ID CRPW25079294

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1960

Lot Size 0.310 Acres

Property Sub-Type Other

Property Description

**Excellent North Long Beach Location Across From Jordan High School & Houghton Park** **Priced at $180,000/Unit & $282/SF** **10.08 GRM & 6.8% Cap Rate on Current Income** **7.87 GRM & 9.5% 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

Interior

Fireplace No

Laundry Other

Building

Water Public


Bay East AOR and Contra Costa AOR

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agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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541 E 64th Street