736 Rose Avenue, Long Beach, CA 90813
Property
Sold April 2025
Listing Agent: Shane Young (DRE #01963090) · Listing Office: Younglewin Advisors, Inc. · Contact: 562-556-1118 · Bought with: Shane Young · Younglewin Advisors, Inc. · MLS #PW25030616 · Source: CRMLS
About this property
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!
Listing description from the April 2025 sale, as reported to CRMLS.
Sale history