**Pride of Ownership Community Across From Jordan High School & Houghton Park**
**Priced at $177,500/Unit & $275.46/SF**
**9.55 GRM & 7.1% Cap Rate on Current Income**
**7.74 GRM & 9.5% Cap Rate on Market Rents**
**Easy Upside in Rental Income for a New Owner**
—-555 E. Adams Street offers 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 a community pool, covered parking, gated access and an on-site laundry room.
——–Also for sale are neighboring properties of 520 Adams, 540 Adams, 560 Adams & 541 E. 64th Street
**Priced at $177,500/Unit & $275.46/SF**
**9.55 GRM & 7.1% Cap Rate on Current Income**
**7.74 GRM & 9.5% Cap Rate on Market Rents**
**Easy Upside in Rental Income for a New Owner**
—-555 E. Adams Street offers 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 a community pool, covered parking, gated access and an on-site laundry room.
——–Also for sale are neighboring properties of 520 Adams, 540 Adams, 560 Adams & 541 E. 64th Street
Property Details
Price:
$2,840,000
MLS #:
PW25079249
Status:
Pending
Baths:
0
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
Listed Date:
Apr 10, 2025
Lot Size:
14,890 sqft / 0.34 acres (approx)
Year Built:
1958
See this Listing
Schools
Interior
Laundry Features
Community
Exterior
Community Features
Curbs, Gutters, Sidewalks
Parking Spots
16.00
Financial
Map
Community
- Address555 E Adams Street Long Beach CA
- Neighborhood699 – Not Defined
- CityLong Beach
- CountyLos Angeles
- Zip Code90805
Subdivisions in Long Beach
- Ackerfield Condos AC
- Alamitos Beach AB
- Alamitos Heights AH
- Artcraft Manor AM
- Bay Harbour BYH
- Belmont Heights BH
- Belmont Park BP
- Belmont Shore
- Belmont Shore BSD
- Bixby Knolls BK
- Bixby Riviera BBR
- Bixby Terrace BBT
- Bixby Terrace BT
- Bixby Village BV
- Bluff Park BLF
- California Heights CH
- Carson Park/Long Beach CLB
- Cedarhurst Apartments CDH
- Circle CA
- College Park CPZ
- College Park Estates CPS
- Cooper Arms CPA
- Country Club Gardens CCG
- Country Club manor CCM
- Country Club Villa CCV
- Crown Pointe CPT
- D\’Orleans DOR
- Downtown DT
- Eastside ES
- El Capitan ELC
- Eldorado ELD
- Genesis GNS
- Hacienda Heights HHT
- International Towers ITT
- Island Village ISV
- La Marina Estates
- Lafayette Building LF
- Lakewood City/Long Beach LCB
- Lakewood Mutuals LKMU
- Lakewood Village LKVL
- Lakewood Village LVD
- Los Altos/North of Fwy LNF
- Los Altos/South of Fwy LSF
- Los Cerritos LC
- Lynn Manor LNM
- Marina Pacifica MRP
- Mobile Estates ME
- Mystic Cove MC
- Naples NA
- New Bixby NB
- North Long Beach
- North Long Beach NLB
- Ocean House OCH
- Ocean Terrace OCT
- Pacific Shores PCS
- Park Estates PE
- Park Ocean PO
- Peninsula PI
- Pine Villas PVL
- Plaza North of Spring PZN
- Plaza South of Spring PZS
- Poly High PH
- Queens Surf QS
- Queens View Condos QVC
- Rancho RNC
- Ridgewood Heights RH
- Royal Palms RP
- South of Conant Northwest SNW
- South of Conant Southeast SSE
- South of Conant Southwest SSW
- Spinnaker Bay SY
- Stoney Brook Villas ST
- Stratford Square SQQ
- The Galaxy Towers TGT
- The Lakes TLK
- Villa Riviera VLR
- Virginia Country Club VCC
- Westside/North of Willow WNW
- Westside/South of Willow WSW
- Willmore District WM
- Wrigley Area WR
- Wrigley Heights WH
- X-100s X1
Market Summary
Current real estate data for Residential Income in Long Beach as of Oct 19, 2025
210
Residential Income Listed
170
Avg DOM
$1,852,207
Avg List Price
Property Summary
- 555 E Adams Street Long Beach CA is a Residential Income for sale in Long Beach, CA, 90805. It is listed for $2,840,000
Similar Listings Nearby
Courtesy of Morgan Skenderian. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.555 E Adams Street
Long Beach, CA