This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$2,779,812
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
**Pride of Ownership Community Across From Jordan High School & Houghton Park**
**Priced at $177,500/Unit & $275.46/SF**
**9.55 GRM & 7.1% Cap Rate on Current Income**
**7.74 GRM & 9.5% Cap Rate on Market Rents**
**Easy Upside in Rental Income for a New Owner**
----555 E. Adams Street offers 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 a community pool, covered parking, gated access and an on-site laundry room.
--------Also for sale are neighboring properties of 520 Adams, 540 Adams, 560 Adams & 541 E. 64th Street
Full Property Details
Full Property Details for 555 E Adams St
General
- Sold For: $2,779,812
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25079249
- Added to Site: 281 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: Private, Fenced, In-Ground
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: South of Artesia Blvd and West of Atlantic Ave
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 17
- # Electric Meters: 17
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 10,310
- Year Built: 1958
Unit Information
Unit 1
- Number of Units: 16
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.3418
- Lot Size Source: Assessor
- Zoning: LBR4R
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $269.62
- Price Per Unit: 177500
Listed by Morgan Skenderian, Doug Rodermund
Sold by First Team Real Estate, Bill Larson
Get Pre-Approved Today
Schools
Schools serving 555 E Adams St
School District:Long Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, Long Beach, CA 1225 East 64th Street, Long Beach, CA 90805 | K-5 | 0.6 mi |
Hamilton Middle School 1060 70th Street, Long Beach, CA 90805 | 6-8 | 0.9 mi |
Jordan High School, Long Beach, CA 6500 Atlantic Avenue, Long Beach, CA 90805 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 555 E Adams St
Date
Details
Price
Change
Source
10/20/2025
Sold
$2,779,812
-2.12%
MLS
6/26/2025
Price Reduced
$2,840,000
-2.91%
MLS
4/10/2025
Listed
$2,925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
555 E Adams Street, Long Beach, CA 90805 (MLS# PW25079249) is a Multi-Family property that was sold at $2,779,812 on October 20, 2025. Want to learn more about 555 E Adams Street? Do you have questions about finding other Multi-Family real estate for sale in Long Beach? You can browse all Long Beach real estate or contact a Coldwell Banker agent to request more information.

