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744 Rose Avenue
Long Beach, CA 90813
Sold
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.
PROPERTY INFORMATION
| MLS # | 23326599 | Lot Size | 6,252 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 2,450,000
Price Per SqFt: $ 322 |
DOM | 556 Days |
| Address | 744 Rose Avenue | Type | Residential Income |
| City | Long Beach | Sq.Ft. | 7,617 Sq. Ft. |
| Postal Code | 90813 | Garage | N/A |
| County | Los Angeles | Year Built | 1987 |
| Bed / Bath | 17 / 0 | Parking | 15 |
| Built In | 1987 | Status | Closed |
| Sold Date | 2023-12-12 |
INTERIOR FEATURES
| Has Heating | Yes |
| Heating Information | Wall Furnace |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,613
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/30/2023 | Listed | $2,450,000 |
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Listing provided courtesy of Byron Field, Keller Williams Larchmont. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
