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Listed by Lynn Fujihara • Buckingham Investments, Inc
$ 1,100,000
Est. payment /mo
Pending
454 Rose Avenue Long Beach, CA 90802
2,912 SqFt
UPDATED:
09/02/2024 07:26 AM
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