744 Rose Avenue, Long Beach, CA 90813
-
Sold Price :
$2,350,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1987
Property Description
744 Rose Ave is a 9-unit, value-add apartment building built in 1987 and located in Long Beach, California. The property is priced at 13.23 x gross and 5.01% cap rate at current rents. There are eight (8) 2 BD / 2 BA units and one (1) 1 BD / 1 BA unit. Onsite laundry facilities provide additional income and there is ample parking of 12 total spaces in a secured gated parking garage. All units are separately metered for gas/electric and water is billed back to tenants through a RUBS program for added income retention. With a Walk Score of 87, the property is in close proximity to many desirable amenities and boasts a strong and stable tenant base.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
744 Rose Avenue |
| City |
Long Beach |
| State |
CA |
| Zip |
90813 |
| County |
Los Angeles |
| Listing Agent |
Byron Field DRE #01934775 |
| Courtesy Of |
Keller Williams Larchmont |
| Close Price |
$2,350,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
6,252 |
| Year Built |
1987 |
Listing information courtesy of: Byron Field, Keller Williams Larchmont. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 25th, 2023 at 1:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
