$ 1,350,000
-
$1,350,000
Price -
6
Bed -
4
Bath -
3,176
SqFt
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About the Listing SB1301700 - SBWALKANT,SBESSJOSH
Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.
Listing Highlights
Status
Active
Days on Site
27
Property Type
Multi-Family
MLS ®
SB26122163
Year Built
1930
Total Square Footage
3,176
Lot/Acreage
0.09
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances: Gas Range
- Air Cond:
- Heating: Floor Furnace,Wall Furnace
- Fireplaces:
- Floor: Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Built-in Features
- Water: Public
Exterior Details
- Lot Description: Rectangular Lot,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 6
- Roof: Flat
- Others: Turnkey,Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7258030013
- Tax Year: N/A
Payment Calculator
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Questions About..
679 Obispo Long Beach, CA 90814
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