520 E Adams Street, Long Beach, CA 90805

**Excellent Unit Mix of 1 & 2-Bedroom Units**

**Priced at $184,615/Unit & $273/SF**

**10.42 GRM & 6.5% Cap Rate on Current Income**

**7.94 GRM & 9.4% Cap Rate on Market Rents**

**Easy Upside in Rental Income for a New Owner**

**Ideal Rental Location on Residential Street in North Long Beach**

—-520 E. Adams Street offers an investor the opportunity to acquire 26 units in the strong rental market of North Long Beach. The property sits on a residential street 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 540 Adams, 555 Adams, 560 Adams & 541 E. 64th Street