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

$1,100,000

11.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,912 SqFt


SOLD DATE : 12/15/2022

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $334

Subdivision Alamitos Beach (Ab)

MLS Listing ID SB22179956

Sold Date 12/15/22

HOA Y/N No

Year Built 1922

Lot Size 2,125 Sqft

Acres 0.0488

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.

Location

State CA

County Los Angeles

Area 4 - Downtown Area, Alamitos Beach

Zoning LBR1N

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Floor Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage None

Pool None

Community Features Urban

Parking Type None

Private Pool No

Building

Lot Description Corner Lot

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 7266026021

Acceptable Financing Cash, Conventional, Item1031Exchange

Listing Terms Cash, Conventional, Item1031Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lynn Fujihara • Buckingham Investments, Inc
Bought with Sam Alherech • Buckingham Investments, Inc
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3631 Truxel Rd # 1081, Sacramento, CA, 95834, United States

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