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    1400 Rose

    Long Beach, CA 90813
    • $1,225,000
    • STATUS: ACTIVE
    • ON SITE: 12 days
    • ID#: 302993842
    UPDATED: 22 min ago
    $1,225,000
    • 9
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    1400 Rose Avenue is a 4-unit multifamily investment property in the City of Long Beach. 1400 Rose Avenue represents an opportunity to acquire a multifamily asset in one of the most desirable submarkets in Los Angeles County. While being centrally located in the heart of the city, the property benefits from being 2-miles (approximately) from the 710 Freeway and 2-miles (approximately) from the 405 Freeway. Within the city, residents enjoy easy access to public transit including the light rail Metro A Line 1400 Rose Avenue is a 4-unit multifamily investment property in the City of Long Beach. 1400 Rose Avenue represents an opportunity to acquire a multifamily asset in one of the most desirable submarkets in Los Angeles County. While being centrally located in the heart of the city, the property benefits from being 2-miles (approximately) from the 710 Freeway and 2-miles (approximately) from the 405 Freeway. Within the city, residents enjoy easy access to public transit including the light rail Metro A Line which connects the City of Long Beach with Downtown Los Angeles. Built in 1930, the property consists of an excellent unit mix of one one-bedroom, one two-bedrooms and two three-bedrooms. The property also offers its residents convenient on-site amenities such as garage parking and secured entry. 1400 Rose avenue is located on the northside of Rose Avenue at the corner of 14th Street and Rose Avenue in the highly desirable neighborhood of MacArthur Park. The property is just minutes from Cal. State Long Beach, 4th Street (Retro Row), Museum of Latin American Art, Shoreline Village, The Pike Outlets, the newly build Long Beach Exchange, as well as, numerous local shopping and dining options.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.talechia.com/homes/113046454
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    1400 Rose Long Beach, CA 90813

    • Price: $1,225,000
    • Status: ACTIVE
    • Updated: 22 min ago
    • ID#: 302993842
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    Neighborhood:
    Long Beach (90813)
    County:
    Los Angeles
    Area:
    Long Beach (90813)
    Property Description
    1400 Rose Avenue is a 4-unit multifamily investment property in the City of Long Beach. 1400 Rose Avenue represents an opportunity to acquire a multifamily asset in one of the most desirable submarkets in Los Angeles County. While being centrally located in the heart of the city, the property benefits from being 2-miles (approximately) from the 710 Freeway and 2-miles (approximately) from the 405 Freeway. Within the city, residents enjoy easy access to public transit including the light rail Metro A Line 1400 Rose Avenue is a 4-unit multifamily investment property in the City of Long Beach. 1400 Rose Avenue represents an opportunity to acquire a multifamily asset in one of the most desirable submarkets in Los Angeles County. While being centrally located in the heart of the city, the property benefits from being 2-miles (approximately) from the 710 Freeway and 2-miles (approximately) from the 405 Freeway. Within the city, residents enjoy easy access to public transit including the light rail Metro A Line which connects the City of Long Beach with Downtown Los Angeles. Built in 1930, the property consists of an excellent unit mix of one one-bedroom, one two-bedrooms and two three-bedrooms. The property also offers its residents convenient on-site amenities such as garage parking and secured entry. 1400 Rose avenue is located on the northside of Rose Avenue at the corner of 14th Street and Rose Avenue in the highly desirable neighborhood of MacArthur Park. The property is just minutes from Cal. State Long Beach, 4th Street (Retro Row), Museum of Latin American Art, Shoreline Village, The Pike Outlets, the newly build Long Beach Exchange, as well as, numerous local shopping and dining options.
    Exterior Features

    Parking Garage Desc Unit1 Assigned Pool N/K

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

    Property Features

    Actual Cap Rate 4.49 Annual Expense Actual 23562 Buildings 1 Gross Rent Multiplier Actual 15.9 Gross Scheduled Income Actual 77040 Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1150.0 Unit2 Rent Actual 1470.0 Unit3 Rent Actual 1850.0 Unit4 Rent Actual 1950.0 Zoning Public Rec

    Listing provided courtesy of Centurion Capital Investments. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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