RateMyAgentGo to search
Back 561 East 64th Street
Off Market

561 East 64th Street

Long Beach CA 90805

1
1
14545 sq. ft.
Multi-Family
Last sold for $2,750,000
Jackson JorgensenJackson Jorgensen, last sold this property on 10 June 2026 after 110 days on market.

Overview

We are pleased to present 561 E. 64th Street, a 1960-construction 16 unit multifamily property located in North Long Beach to market. The property sits on a large 14,552 square foot lot and consists of 16 one bed/one bath units. Operating at a 6.18% cap rate and a 9.19 GRM, in place income is strong. The offering is priced at an attractive low basis of $176,563 per unit and $283 per square foot, positioning the asset below replacement cost and comparable sales in the market. Sixteen covered parking spaces are on site. Current rents remain approximately 18% below market, allowing further upside for a new buyer. The property has recently been extensively replumbed with new pex and copper throughout. Favorable market financing is available, requiring under a $1,000,000 down payment with the ability to achieve over a 7% cash-on-cash return utilizing interest-only financing (buyer to verify). The property is ideally situated directly across the street from Jordan High School, within a well-established residential corridor of North Long Beach.

Features

1 bedroom
1 bathroom
14545 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 1 bedroom multi families sold in Long Beach over the last 12 months, the estimated median property value of 561 East 64th Street is $2.74m.

Median value
$2.74m
Estimated value range
$500k - $2.78m
Median days on market
113
Estimated value trend
0%
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 561 East 64th Street

2026
Sold
$2,750,000
10 Jun 2026 by Jackson Jorgensen, of Younglewin Advisors, Inc.

Happy sellers in Long Beach

~%

We have insufficient information to provide an overview of customer satisfaction for Long Beach. Viewing the agent profiles, reviews and sales for Long Beach can provide insights for this location.

Local market activity for 1 bedroom multi families in Long Beach

In the last 12 months, 5 one-bedroom multi families similar to 561 East 64th Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Long Beach

placeholder
Irma Velasquez

Irma Velasquez is a recommended agent for Long Beach.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (15 reviews)
  •  2 Reviews in Long Beach
  •  2 Sales in Long Beach
View profile
placeholder
Brandi Ezidro

Brandi Ezidro is a recommended agent for Long Beach.  They have collected 2 local reviews across the last 12 months.

  •   5   (3 reviews)
  •  2 Reviews in Long Beach
View profile
placeholder
Janette Correa

Sellers who recommend Janette Correa have praised them for being clear communication, local expert, supportive, well-prepared, great negotiation, and dedicated

  •   5   (21 reviews)
  •  1 Review in Long Beach
  •  2 Sales in Long Beach
View profile
placeholder
Ingrid Chavez

Ingrid Chavez is a recommended agent for Long Beach.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (27 reviews)
  •  1 Review in Long Beach
  •  1 Sale in Long Beach
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap