550 Rose Avenue, Long Beach, CA 90802

$1,249,000
2,872
SqFt
List Price
$1,249,000
Status
ACTIVE
MLS#
PW20191753
Year Built
1918
Living Sq. Ft
2,872
Lot Size
7,968
Acres
0.1829
Lot Location
2-5 Units/Acre, Front Yard, Near Public Transit
Days on Market
7
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Triplex
Builders Tract Code
Alamitos Beach (AB)
Neighborhood
Alamitos Beach (Ab)

Property Description

550 Rose is just steps from Retro Row, Belmont Shore, Downtown and all Long Beach living a bike ride away. This is your perfect opportunity to live in a gorgeous Long Beach craftsman while collecting rents on your 2 back units, or as an investor, you have the opportunity to maximize rents in this prime location. The front three bedroom, two bathroom unit has been beautifully remodeled; new kitchen countertops, cabinets, appliances and bathroom tile and dual vanity. There's also a bonus room right off the living room ideal for an office, playroom, music/art room with a side private door leading to the driveway. Your back two spacious units have a shared patio area, private entry and ample parking- There is a total of 3 separate garages that can be used for parking or storage, along with 3 assigned spaces and your long driveway which can easily fit up to 5 cars. Wait. There's more...All units also each have washer/dryer hookups.

Additional Information

Tract Number
2974
Lot Description
Curbs, Sidewalks, Street Lights
Appliances
Dishwasher, Gas Range, Microwave
Pool Description
None
Heat
Floor Furnace, Wall Furnace
Roof
Composition
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$100,800
Operating Expense
26778
Unit One Total Units
1
Unit One Beds
3
Unit One Baths
2
Unit One Garage Spaces
1.00
Unit One Pro Forma
3500
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
2
Unit Two Baths
1
Unit Two Garage Spaces
1.00
Unit Two Pro Forma
2400
Unit Two Furnished
Unfurnished
Unit Three Total Units
1
Unit Three Beds
2
Unit Three Baths
1
Unit Three Garage Spaces
1.00
Unit Three Pro Forma
2400
Unit Three Furnished
Unfurnished

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Giannina Silva from INTI Realty

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.