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$1,350,000
SB26122163 MLS Active Status
Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.

679 Obispo, Long Beach

$1,299,000
PW26108897 MLS Active Status
* $100,000 PRICE REDUCTION! * LONG BEACH TRIPLEX (SOUTH OF PCH), BUILT IN 1988 (Click the 360 icon above to view the video.) – This Multi-Family home was built from the ground up by the current owner in 1988. The spacious (3BR/2BA, 1596 sf) fully detached front unit was owner-occupied for years, as it was originally designed to be. The back two units (a 3BR/2BA and a 2BR/2BA) total 2706 sf. All three units feature 2-car attached garages (each with 2-car driveways), and they occupy an unusually large 6503 sf lot. Now we turn our attention to this property’s location in Long Beach: 1) Less than 2 miles from the beach and the Long Beach bike path 2) Quick access to Belmont Shore’s 2nd Street dining, shopping & nightlife, while being removed from the high-traffic tourist zone 3) Mere steps to Nieto Herrera Elementary School 4) Convenient to Cal State Long Beach, Recreation Park Golf Course and Marine Stadium… Overall, 1735 Orizaba Avenue benefits from being in a centrally located east Long Beach pocket near coastal amenities, established neighborhoods, dining corridors, and recreation — a combination that tends to support long-term desirability and property value stability. Take the time to thoughtfully compare, and you’ll realize why this is the one you’ve been looking for! (Note: Addresses for the two back units are 1737 & 1739 Orizaba Ave.)

1735 Orizaba Avenue, Long Beach

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.