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SOLD | 3 Units in Retro Row (Long Beach, Ca)

Overview

CLOSED ESCROW: 3 Units in Retro Row (Long Beach, Ca)
03/06/2020

550 Rose is located walking distance to Retro Row in Long Beach near Downtown and the Ocean. This beautiful 3 unit property offers an investor and/or owner-occupier to acquire a turnkey investment in a strong rental market.

The property boasts a large unit mix of a large 3 bed/2 bath front house unit. There are (2) 2 bed/1 bath units in rear with three garages. The building was built in 1918 with a total size of 2,872 SF, sitting on 7,968 SF lot zoned LB-R1.

Prime Location in Retro Row near Downtown Long Beach, Belmont Shore, LB City College, Restaurants, & Shops.

PROPERTY FEATURES

  • All Tenants Month to Month Tenancy
  • Less than 2 Miles from the Ocean.
  • Large Front Unit, with Two Units in Rear.
  • Strong Rental Market, Low Vacancy.

Summary

Total Units:
3

Building SF:
2,872 sf

Lot Size:
7,968 sf

Year Built:
1918

Zoning:
R1