421 Rose Place is a well-maintained 4-unit apartment property
located in the heart of Long Beach’s iconic 4th Street / Retro Row
district.
Each unit offers a desirable two-bedroom, one-bathroom floor
plan with a den. All apartments are equipped with in-unit
washer/dryers, a sought after amenity that supports higher
rental demand. New windows have been installed throughout the
property within the past four years.
Additional features include a two-car tandem parking space. In
addition, there is an opportunity to acquire an adjacent parking
lot in a neighborhood where parking is often limited, which has 15 storage spaces and 8 parking spaces.
Recognized in publications such as The New York Times, Sunset
Magazine, and The New Yorker, 4th Street / Retro Row is a vibrant,
pedestrian- and bike-friendly corridor, home to 40+ independent
merchants. The area is celebrated for its eclectic mix of vintage
and contemporary clothing, furniture, accessories, art, antiques,
and collectibles, as well as a diverse range of acclaimed
restaurants, cafés, wine bars.
With its prime location, strong rental fundamentals, and recent
upgrades, 420 Rose Place represents a compelling investment
opportunity for buyers seeking stable income and long-term
value in one of the city’s most dynamic submarkets