420 N Rose Long Beach, CA 90802
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Alamitos Beach (Ab)
MLS Listing ID PW25236496
HOA Y/N No
Year Built 1923
Lot Size 3,140 Sqft
Property Sub-Type Quadruplex
Property Description
located in the heart of Long Beach's 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, cafés, 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 city's most dynamic submarkets
.
Location
State CA
County Los Angeles
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Paved, One Space
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 7266026005
Energy Description 750.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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