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.
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
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