Sold
454 Rose Avenue
Long Beach CA, 90802
$975,000
$334.82 per sqft
Sold
2,912 sqft
Multi-family
Built in 1922
Listed by Lynn Fujihara with Buckingham Investments, Inc 310 982-7055
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.
SB22179956
MLSⓇ ID
August 15, 2022
Listed
March 23, 2024
Updated
Map
454 Rose Avenue
Long Beach CA, 90802
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
Yes
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Floor Furnace
Exterior/Building Features
Lot Size
0.05 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Area Name
4 - Downtown Area, Alamitos Beach
Days on Market
55
Garage
No
Parking
None
Parking Total
0
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LBR1N
Buyer Agency Compensation
2.5%
Listing Contact: 310 982-7055
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:44 AM UTC