Address
421 N Rose, Long Beach, CA
Price
$ 1,300,000
Property Attributes
- MLS#PW26168879
- TypeMulti-Family
- Listing Status Active Under Contract
- CountyLos Angeles
- CityLong Beach
- Area Downtown Area, Alamitos Beach
- NeighborhoodAlamitos Beach (AB)
- Zip90802
- Style
- Year Built1923
- Price$ 1,300,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage3576
- Lot Size0.077 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
421 Rose Place is a recently renovated four-unit apartment property ideally located near Long Beach’s popular 4th Street and Retro Row district. The property features 4 spacious, identical 3-bedroom, 1-bathroom units, providing a highly desirable and consistent unit mix with strong rental demand. Each residence has been thoughtfully renovated and includes convenient in-unit washer and dryer hookups. All units also have their own individual water heaters, allowing for separate utility control and added convenience. Newer windows have been installed throughout the property. Major building systems have been updated, including the electrical and plumbing systems, along with a new silicone roof system. Additional exterior improvements include newer stucco and a black double-metal security gate with a separate pedestrian entrance, providing added privacy, curb appeal, and controlled access. The property also includes a two-car tandem parking space. Located just moments from Retro Row, residents enjoy convenient access to one of Long Beach’s most distinctive shopping, dining, and entertainment destinations. The neighborhood is known for its walkable atmosphere, locally owned boutiques, vintage shops, restaurants, cafés, art galleries, and nightlife, making it a highly desirable place to live. With its 4 spacious and identical 3-bedroom units, recent renovations, updated major systems, individual water heaters, improved exterior, and prime Long Beach location, 421 Rose Place presents a compelling investment opportunity with strong rental fundamentals and long-term value.
| Price History | |
|---|---|
| 8/4/2026 | Listed $1,300,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| Roof | Clay |
| Appliances | Dishwasher,Gas Oven,Microwave,Refrigerator |
| Pool Features | None |
| Year Built | 1923 |
| Tenant Pays | Electricity,Gas,Trash Collection |
| View | None |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Quadruplex |
| Gross Income | 106668 |
| Community Features | Curbs,Street Lights,Sidewalks |
| County | Los Angeles |
| Net Operating Income | 84791 |
| Operating Expense | 21877 |
| Insurance Expense | 2533 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Subdivision Name | Alamitos Beach (AB) |
| Garage Y/N | false |
| Special Listing Conditions | Standard |
| Status | Active Under Contract |
| Directions | North of 4th St, between Rose Ave & Cherry Ave |
| City | Long Beach |
| Entry Location | 1 |
| Senior Community Y/N | false |
| Open Parking Spaces | 2 |
| Number Of Units Total | 4 |
| MLS Area | 4 - Downtown Area, Alamitos Beach |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 3355 |
| Number of Units Leased | 4 |
| Listing Terms | Cash to New Loan,Conventional,1031 Exchange,FHA |
| Spa Features | None |
| Property Attached Y/N | true |
| Land Lease Y/N | false |
| Property Condition | Turnkey |
| Trash Expense | 480 |
| Walk Score | 97 |
| Water Sewer Expense | 2244 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | true |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Lot | 14 |
| Total Actual Rent | 8889 |
| Property Sub Type Additional | Quadruplex |
| Taxes | 16250 |
| PostalCity | LONG BEACH |
Interior Features
| Flooring | Vinyl |
|---|---|
| Total Stories | 2 |
| Common Walls | 1 Common Wall |
| Laundry Features | Washer Hookup,Gas Dryer Hookup |
| Entry Level | 1 |
Exterior Features
| Lot Features | 0-1 Unit/Acre |
|---|---|
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 3355 |
| Number of Buildings | 1 |
| Spa | false |
| Building Area Total | 3576 |
| Lot Size Acres | 0.077 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Water Meters | 4 |
| Number of Separate Gas Meters | 4 |
| Number of Separate Electric Meters | 1 |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 90802
Price
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of September 17, 2026 5:14 AM UTC 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.
