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!
Property Details
Price:
$2,200,000
MLS #:
PW25030616
Status:
Active
Baths:
0
Address:
736 Rose Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Long Beach
Listed Date:
Feb 10, 2025
State:
CA
ZIP:
90813
Lot Size:
6,428 sqft / 0.15 acres (approx)
Year Built:
1987
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Biking, Curbs, Dog Park, Sidewalks, Suburban, Urban
Garage Spaces
16.00
Lot Features
Front Yard, Rectangular Lot, Level, Near Public Transit, Value In Land
Parking Spots
16.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Taxes
$29,000
Tenant Pays
Electricity, Gas, Parking Fee
Map
Community
- Address736 Rose Avenue Long Beach CA
- Area699 – Not Defined
- CityLong Beach
- CountyLos Angeles
- Zip Code90813
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Courtesy of Younglewin Advisors, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.736 Rose Avenue
Long Beach, CA
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