**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
10,194 Sq Ft
0.3103 Private Acres Exterior Space
Apartment
Built in 1960
MLS/Listing ID PW25079294
2 Stories
16 Units
Common Area
Community - Curbs
Community - Gutters
Community - Sidewalks
Listing Courtesy of MORGAN SKENDERIAN, DOUG RODERMUND - 949-432-4726
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE