421 N Rose

Long Beach,CA 90802

$ 1200000

2 Beds

0 Bath

3576 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,576 sqft

Price per Sqft $335

MLS Listing ID CRPW25236962

Bedrooms 2

Year Built 1923

Lot Size 3,141 Sqft

Property Sub-Type Quadruplex

Property Description

421 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 den. All apartments are equipped with in-unit washer/dryers, a sought after amenity that supports higher rental demand. New windows have been installed throughout the property within the past four years. Additional features include a two-car tandem parking space. 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. 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

Interior

Laundry Inside

Exterior

Exterior Feature Other

Building

New Construction No

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