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 PW25236962
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 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
Area 4 - Downtown Area, Alamitos Beach
Interior
Fireplace No
Laundry Inside
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 7266026047
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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Sharlotte Blake
Broker Associate | License ID: 02035876
Broker Associate License ID: 02035876