736 Rose Avenue, Long Beach, California 90813
  • $2,200,000

Overview

Property ID: PW25030616
  • Apartment, Residential Income
  • Property Type
  • 16.0
  • Garages
  • 7700 Sqft
  • Area Size
  • 1987
  • Year Built

Description

We are pleased to present 736 Rose Ave, an 8 unit apartment building built in 1987 consisting of 100% 2 bed 2 bath units averaging over 960 SF each. There is 2:1 parking with secured entry to the property. The second story of living space has vaulted ceilings, and each unit has its own individual water heater. On current income this is 10.19 GRM and a 5.81% cap rate with upside to 9.09 GRM and 7.08% cap rate. Priced at $285 per square foot, this is a unique value-add opportunity worth considering!

  • Address: 736 Rose Avenue
  • City: Long Beach
  • State/county: CA
  • Zip/Postal Code: 90813
  • Country: US

Details

Updated on April 15, 2025 at 1:27 am
  • Property ID PW25030616
  • Price $2,200,000
  • Property Size 7700 Sqft
  • Land Area 0.1476 Acres
  • Garages 16.0
  • Year Built 1987
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Biking, Curbs, Dog Park, Suburban, Sidewalks, Urban

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