In Escrow

541 E 64th St

Long Beach, CA 90805

**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.

Sales Price $2,795,000

Long Beach Apartment

Beds

1

Baths

1

Home Size

10194 Sq. Ft.

Lot Size

13517 Sq. Ft.

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**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

This home located at 541 E 64th ST is currently pending and has been available on pardeeproperties.com for 113 days. This property is listed at $2,795,000. It has 1 beds and 1 bathrooms. The property was built in 1960. 541 E 64th ST is in the North Long Beach community of Los Angeles County.

Quick Facts

  • 113 days on market
  • Built in 1960
  • Total parking spaces 16Car
  • Apartment
  • Community | North Long Beach
  • MLS# | PW25079294MR
Connect with an agent
Lauren Narozniak
(45)

Lauren Narozniak

Partner | DRE #01958051

Listed By Doug Rodermund · Morgan Skenderian

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