$5,900,000 - 445 455 Rose Avenue, Long Beach

  • 0Beds
  • Baths
  • 13,600SQ. Feet
  • 0.15Acres

445-455 Rose Avenue is a beautifully-renovated, 16-unit investment asset in the highly popular 4th Street / Retro Row neighborhood. The property consists of two buildings with mid-century architectural lines, surrounding a landscaped central courtyard on an approximately 13,000-square-foot lot. The property offers an ideal mix of (4) three-bedroom / 2 bath, (8) two-bedroom / two-bath, and (4) one- bedroom / one-bath units. These apartment homes are bright and sizable, with open floor plans. Fourteen of the units are completely remodeled to a high standard, with wood laminate flooring, custom cabinetry, quartz countertops, stainless steel appliances, and designer lighting and fixtures throughout for clean, modern interiors that appeal to a young urban professional demographic. The property features a stunning central courtyard with gas-plumbed BBQ and built-in seating. The distinct mature shade tree coupled with young olive trees, aloe plants and succulents give the courtyard a high-end residential backyard atmosphere. 445-455 Rose Avenue sits in the heart of the 4th Street / Retro Row area which offers residents a multitude of unique shopping, dining and nightlife within blocks. From its mid-century detailing to its high-end residential ambiance, it has been carefully crafted to create a highly appealing and marketable rental asset. It provides an investor with an opportunity to own a very attractive asset with remaining upside potential on renovated and non-renovated units.

Sales Agent

Sam SmithBeach Cities Real EstatePhone: 562-355-8228 Cell: 562-355-8228 Contact Agent Now

Essential Information

  • MLS® #:PW19228547
  • Price:$5,900,000
  • Bathrooms:0.00
  • Square Footage:13,600
  • Acres:0.15
  • Year Built:1963
  • Type:Residential Income
  • Status:Active

Community Information

  • Address:445 455 Rose Avenue
  • Area:Downtown Area, Alamitos Beach (4)
  • Subdivision:Other (OTHR)
  • City:Long Beach
  • County:Los Angeles
  • State:CA
  • Zip Code:90802

Amenities

  • Parking Spaces:12
  • # of Garages:8

Interior

  • # of Stories:2
  • Stories:Two

Exterior

  • Lot Description:16-20 Units/Acre

Additional Information

  • Date Listed:September 26th, 2019
  • Days on Market:25
  • Zoning:LBR1N

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Provided By: Robert Stepp(01456379), Keller Williams Pacific Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of October 22nd, 2019 at 2:22pm CDT. 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.