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Off market
  • $2,806,200

    445 455 Rose Ave, Long Beach, CA 90802

    6beds
    4baths
    13,600sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $2,806,200 Zestimate®
    $206/sqft
    $3,671 Estimated rent

    What's special

    445-455 Rose Avenue is a beautifully-renovated, 16-unit investment asset in the highly popular 4th Street / Retro Row neighborhood. The property consists of two buildings with mid-century architectural lines, surrounding a landscaped central courtyard on an approximately 13,000-square-foot lot. The property offers an ideal mix of (4) three-bedroom / 2 bath, (8) two-bedroom / two-bath, and (4) one- bedroom / one-bath units. These apartment homes are bright and sizable, with open floor plans. Fourteen of the units are completely remodeled to a high standard, with wood laminate flooring, custom cabinetry, quartz countertops, stainless steel appliances, and designer lighting and fixtures throughout for clean, modern interiors that appeal to a young urban professional demographic. The property features a stunning central courtyard with gas-plumbed BBQ and built-in seating. The distinct mature shade tree coupled with young olive trees, aloe plants and succulents give the courtyard a high-end residential backyard atmosphere. 445-455 Rose Avenue sits in the heart of the 4th Street / Retro Row area which offers residents a multitude of unique shopping, dining and nightlife within blocks. From its mid-century detailing to its high-end residential ambiance, it has been carefully crafted to create a highly appealing and marketable rental asset. It provides an investor with an opportunity to own a very attractive asset with remaining upside potential on renovated and non-renovated units.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ common walls
    Interior area
    • Total interior livable area: 13,600 sqft

    Property

    Parking
    • Total spaces: 12
    Features
    • Levels: Two
    Lot
    • Size: 6,655 sqft
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 7266020018
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Long Beach

    Other

    Other facts
    • CommunityFeatures: Sidewalks, Urban
    • PropertyType: Residential Income
    • SpecialListingConditions: Standard
    • CommonWalls: 2+ common walls
    • Levels: Two
    • PreviousStandardStatus: Active
    • ParkingFeatures: Garage, Uncovered
    • MLSAreaMajor: 4 - Downtown Area, Alamitos Beach
    • LotFeatures: 16-20 Units/Acre
    • BuildingAreaUnits: Square Feet
    • ElevationUnits: Feet
    • LotSizeSource: Assessor
    • WaterSource: Public
    • TaxTractNumber: 5765
    • Sewer: Public Sewer
    • StandardStatus: Pending
    • LaundryFeatures: Common Area
    • SeniorCommunityYN: 0
    • ParcelNumber: 7266020018
    Services availability
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    Estimated market value

    $2,806,200