486 E Adair

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

486 E Adair

Long Beach, CA 90805
Asking Price
$1.60M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset containing four distinct apartment units
  • Located within the established Long Beach market area
  • The property is currently listed for sale at $1,598,000
  • Asset is situated in the 90805 zip code
  • Well-suited for residential investment and rental income strategies

What's Special

Long Beach serves as a major hub within the Greater Los Angeles area, characterized by its robust coastal economy and high demand for residential rental housing. Situated at 486 E Adair in the 90805 zip code, this multifamily property consists of four individual apartment units. Investors seeking to expand their residential portfolio in this established submarket will find this asset type well-positioned to serve the needs of local renters. The building provides a clear opportunity for operators to manage a stable income-producing asset within a dense metropolitan environment. With its consistent rental demand, the property aligns with strategies focused on long-term capital appreciation and operational efficiency in the Southern California multifamily market.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
5.01%
DSCR
0.84
Underwater
Cash-on-Cash
-3.10%
Monthly Payment
$7,906.032
Annual Cash Flow
$-14,872.385

Location & Travel Times