$1,200,000 - 421 N Rose, Long Beach

Long Beach Home Sale

421 Rose Place is a well-maintained 4-unit apartment property located in the heart of Long Beach’s iconic 4th Street / Retro Row district. Each unit offers a desirable two-bedroom, one-bathroom floor plan with a den. All apartments are equipped with in-unit washer/dryers, a sought after amenity that supports higher rental demand. New windows have been installed throughout the property within the past four years. Additional features include a two-car tandem parking space. In addition, there is an opportunity to acquire an adjacent parking lot in a neighborhood where parking is often limited, which has 15 storage spaces and 8 parking spaces. Recognized in publications such as The New York Times, Sunset Magazine, and The New Yorker, 4th Street / Retro Row is a vibrant, pedestrian- and bike-friendly corridor, home to 40+ independent merchants. The area is celebrated for its eclectic mix of vintage and contemporary clothing, furniture, accessories, art, antiques, and collectibles, as well as a diverse range of acclaimed restaurants, cafés, wine bars. With its prime location, strong rental fundamentals, and recent upgrades, 420 Rose Place represents a compelling investment opportunity for buyers seeking stable income and long-term value in one of the city’s most dynamic submarkets