736 Rose Avenue
Long Beach, CA 90813
- – beds
- – baths
- – sqft
- 6,428 sqft lot
- 1987 build
- – on site
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!
Last checked:
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Last updated Feb 11, 2025
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MLS# PW25030616 —
The Building
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Year Built:1987
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:7700.00
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Building Area Units:Square Feet
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Total Number Of Units:8
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:9
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# of Separate Water Meters:1
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# of Separate Electric Meters:9
Interior
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Levels:Two
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Entry Location:Rose Ave
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Laundry:Common Area
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Laundry:1
Location
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Directions:North of 7th between Cherry and Walnut
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Latitude:33.77603900
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Longitude:-118.16950900
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LBR2N
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Lot Features:Front Yard, Rectangular Lot, Level, Near Public Transit, Value In Land
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Lot Size Area:6428.0000
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Lot Size Acres:0.1476
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Lot Size SqFt:6428.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:B
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Tax Census Tract:5764.03
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Tax Tract:576...
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Tax Lot:7
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Tax Annual Amount:29000.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:7267030007
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Biking, Curbs, Dog Park, Sidewalks, Suburban, Urban
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:16.00
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Garage Spaces:16.00
Extra Units
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Average 2 Bed Area:962
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/10/25
Feb 10, 2025
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Listed / Active | CRMLS_CA | $2,200,000 |