454 Rose Avenue Pending

Long Beach,CA 90802

$ 1100000

- Bed

0 Bath

2912 SqFt


Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $377

Subdivision Alamitos Beach

MLS Listing ID SB-22179956

Year Built 1922

Lot Size 2,126 Sqft

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

Zoning LBR1N

Interior

Heating Floor Furnace

Cooling None

Fireplaces Type None

Laundry None

Exterior

Parking Features None

Pool None

Community Features Urban

Building

Lot Description Corner Lot

Sewer Public Sewer

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