911 - 919 Rose Avenue, Long Beach, CA 90813 | SB20171606 | Berkshire Hathaway HomeServices California Properties

911 - 919 Rose Avenue $4,600,000

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    911 - 919 Rose Avenue Long Beach, CA 90813

    • 0 Beds
    • 0 Baths
    • 12,686 sq. ft.
    • Multi-Family
    • MLS# SB20171606
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    Views: 18 Days On Market: 61

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    Property Details

    Price reduced and now available separately from portfolio! Rare portfolio property of 16 units on 2 parcels separated by an entry courtyard. Great unit mix of fourteen 2 Bed/1 Bath units and two 3 Bed/2 Bath units. All but 1 unit recently upgraded including flooring, kitchen cabinets, quartz counters, and new bathrooms. Strong actual income at 12.91X gross plus an additional 10.3% upside in income to a market GRM of 11.70. Very well parked with 10 separate garages plus 10 off-street parking spaces. Less than a mile to Alamitos Beach. Only four blocks to Retro Row. Available together with 1332 Walnut (MLS#SB20171640) and 811-817 Rose (MLS#SB20171469). Can be sold separately, but seller is motivated and can sell together for a better price.

    • General Features
      • Number Of Separate Water Meters 2
      • Number Of Separate Electric Meters 17
      • Number Of Separate Gas Meters 17
      • Number Of Units Total 16
      • Year Built 1963
      • Subdivision Name Poly High (PH)
      • County Or Parish Los Angeles
      • Number Of Buildings 2
      • Community Features Urban
    • Building Features
      • Laundry Features Common Area
      • Levels Two
    • Property Features
      • Lot Size Acres 0.27
      • Lot Features 0-1 Unit/Acre
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 20.00

    Contact

    Isai Diego

    Isai Diego

    Realtor®

    DRE#02042532

    Lakewood Branch Office DRE 00338699

    Text: 562-653-6444

    Neighborhood

    90813 (Long Beach) Demographics

    27 Median Age
    19,008 Population Density (per sq. mile)
    17% College Educated
    $31,775 Estimated Median Income
    2,152 Estimated Total Home Owners
    14,531 Estimated Total Renters
    13% / 87% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    60,997 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $624,450 Median Sales Price
    4 Homes Sold
    14 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $4,600,000
        10/5/2020 6:19:48 PM Price Reduced Source New Value: $4,600,000 -3.16%
        10/1/2020 6:20:10 PM Price Reduced Source New Value: $4,750,000 -1.04%
        8/21/2020 7:55:00 PM New in Database Source New Value: $4,800,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 10/21/2020 4:45:01 PM. 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.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.