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420 N Rose, Long Beach, CA 90802

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For Sale
Sale Pending

$1,200,000

2 beds • 1 baths • 3,576 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $335.57
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

420 Rose Place is a well-maintained 4-unit apartment property 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 .
MLS# PW25236496

Courtesy Of Keller Williams Realty SELA

(562) 334-1500

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 420 N Rose, Long Beach, CA 90802

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.