541 E 64th Street, Long Beach, CA 90805 - Berkshire Hathaway HomeServices California Properties

541 E 64th Street, Long Beach, CA 90805

$2,880,000 Approx. USD 0 beds, 0 baths

Listing Agent


Doug Rodermund | dsr@morganskenderian.com
Lic#: 01314304
Broker: Courtesy of Morgan Skenderian

Agent Remarks

**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 Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW25079294
Price: $2,880,000
Beds: 0
Baths: 0
Built in 1960
2 stories
0.31 acres
Lot size: 0.3103
County: Los Angeles
Zoning: LBR4R
MLS area: 699 - Not Defined

Last Updated: 4/11/2025

 Days On Market (DOM): 29

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.870873, -118.186723.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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