Long Beach, CA 90802,454 Rose Avenue
Long Beach, CA 90802,454 Rose Avenue
Long Beach, CA 90802,454 Rose Avenue
Long Beach, CA 90802,454 Rose Avenue
Long Beach, CA 90802,454 Rose Avenue
Long Beach, CA 90802,454 Rose Avenue
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$975,000

$1,100,000

11.4%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

2,126 Sqft Lot


SOLD DATE : 12/15/2022

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB22179956

Sold Date 12/15/22

Bedrooms 4

HOA Y/N No

Lot Size 2,126 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

454-460 Rose Avenue. Great opportunity to own a two story building consisting of 4 large 1 bedroom/1 bath units right off the 4th Street Corridor and adjacent to Retro Row. All Units are professional managed and are in good condition with a large functional layout, separately metered for gas & electricity. Close to 45% upside in rents and perfect for upgrading. Located in the path of progress - this dense rental market is perfect for investors who enjoy low vacancy rates, high market rental rates ad strong long-term appreciation. Close proximity to Downtown Long Beach provides maximum accessibility, with plenty of public transportation and a high walk score. The beach, parks and attractions are just minutes away. Long Beach is thriving due to millions of dollars in private and public developments, strong employment and a growing local economy. This easy to own asset is a great addition to any portfolio or first time investor.
454-460 Rose Avenue. Great opportunity to own a two story building consisting of 4 large 1 bedroom/1 bath units right off the 4th Street Corridor and adjacent to Retro Row. All Units are professional managed and are in good condition with a large functional layout, separately metered for gas & electricity. Close to 45% upside in rents and perfect for upgrading. Located in the path of progress - this dense rental market is perfect for investors who enjoy low vacancy rates, high market rental rates ad strong long-term appreciation. Close proximity to Downtown Long Beach provides maximum accessibility, with plenty of public transportation and a high walk score. The beach, parks and attractions are just minutes away. Long Beach is thriving due to millions of dollars in private and public developments, strong employment and a growing local economy. This easy to own asset is a great addition to any portfolio or first time investor.

Location

State CA

County Los Angeles

Area Long Beach (90802)

Zoning Public Rec

Interior

Appliance Floor Furnace

Building

Lot Description Corner Lot

Lot Size Range 1-3999 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,000

Listing Terms Cash, Conventional, Exchange

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Lynn Fujihara • Buckingham Investments, Inc
Bought with Sam Alherech • Buckingham Investments, Inc
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