CA > Long Beach > Alamitos Beach (Ab)
Long Beach, CA 90802,412 N Rose
Long Beach, CA 90802,412 N Rose
Long Beach, CA 90802,412 N Rose
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

The Warburton Team

+1(626) 630-2141
$1,150,000
Est. payment /mo
3,140 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Alamitos Beach (Ab)

MLS Listing ID PW25236261

HOA Y/N No

Year Built 1929

Lot Size 3,140 Sqft

Property Sub-Type Quadruplex

Property Description

412 Rose Place is a well-maintained 4-unit apartment property located in the heart of Long Beach's iconic 4th Street / Retro Row district.
The property offers (2) 2 BD/1.75 BA with a den floorplans and (2) 2 BD/1 BA with den floorplans as well as a common rear patio
for tenants to enjoy. A separate laundry room provides potential extra income. Additionally 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 five 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, 412 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 Common Area

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7266026006

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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CRMLS – RECore
Listed by Robert Stepp Keller Williams Realty Downey 310-463-2916

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