7
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$1,200,000
Est. payment /mo
2 Beds
3,141 Sqft Lot
Active
420 N Rose Long Beach, CA 90802
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW25236496
Bedrooms 2
Lot Size 3,141 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
420 Rose Place is a well-maintained 4-unit apartment property located in the heart of Long Beachs iconic 4th Street / Retro Row district. Each unit offers a desirable two-bedroom, one-bathroom floor plan with a dedicated dining room. All apartments are equipped with in-unit washer/dryers, a sought after amenity that supports higher rental demand. Additional features include a one-car parking space and a detached storage unit. In addition, there is an opportunity to acquire an adjacent parking lot in a neighborhood where parking is often limited, which has 15 Storage spaces and 8 parking spaces. Seller is asking $500k. The property has undergone recent improvements, including new windows installed throughout within the past four years, new exterior stucco, and a precast rear stairway. Recognized in publications such as The New York Times, Sunset Magazine, and The New Yorker, 4th Street / Retro Row is a vibrant, pedestrian- and bike-friendly corridor, home to 40+ independent merchants. The area is celebrated for its eclectic mix of vintage and contemporary clothing, furniture, accessories, art, antiques, and collectibles, as well as a diverse range of acclaimed restaurants, cafs, wine bars. With its prime location, strong rental fundamentals, and recent upgrades, 420 Rose Place represents a compelling investment opportunity for buyers seeking stable income and long-term value in one of the citys most dynamic submarkets .
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 420 Rose Place
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7266026005
Listed by Robert Stepp Keller Williams Realty Downey
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