Back 520 E Adams St
Off Market

520 E Adams St

Long Beach CA 90805

3
2
26464 sq. ft.
Multi-Family
Last sold for $4,596,812
Doug RodermundDoug Rodermund, last sold this property on 20 October 2025 after 111 days on market.

Overview

**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

Features

3 bedrooms
2 bathrooms
26464 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 520 E Adams St is $859k.

Median value
$859k
Estimated value range
$740k - $4.6m
Median days on market
71
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Long Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 520 E Adams St

2025
Sold
$4,596,812
20 Oct 2025 by Doug Rodermund, of Morgan Skenderian
2009
Sold
$397,356
25 Nov 2009

Happy sellers in Long Beach

100%
100% of sellers in Long Beach reported that their sale price either exceeded or met their price expectations.

Long Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Long Beach over the last 12 months.

Local market activity for 3 bedroom multi families in Long Beach

In the last 12 months, 4 three-bedroom multi families similar to 520 E Adams St, have been sold.

This represents a 25% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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