United StatesCaliforniaLong BeachNorth Long Beach541 East 64th Street

541 East 64th Street 541 East 64th Street Long Beach, California 90805 United States

$2,880,000
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**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...

Morgan Skenderian

Listing Courtesy of Morgan Skenderian, Email/Phone : dsr@morganskenderian.com
$2,880,000
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1,255 m²
Exterior
Residential Income
Property type
1960
Year Built
PW25079294
Web Id
PW25079294
MLS ID
Long Beach Unified
School District
14
days ago

About 541 East 64th Street

**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

Listing Courtesy of Morgan Skenderian, Email/Phone : dsr@morganskenderian.com

features

Parking
Car Port
Community
Sidewalks

PROPERTY INFORMATION

Community Info
Curbs, Gutters, Sidewalks
Garage Info
0
Sewer
PublicSewer
Water
Public

ADDITIONAL INFORMATION

Number of Units
16
Listing Courtesy of Morgan Skenderian, Email/Phone : dsr@morganskenderian.com

Morgan Skenderian

Listing Courtesy of Morgan Skenderian, Email/Phone : dsr@morganskenderian.com
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