Listing Broker: Sage Real Estate Group, Inc.
Listing Agent: Juan Huizar
License #: 01417642
562-307-0838
Listing Broker: Sage Real Estate Group Inc
Colisting Agent: Jignesh (Jack) Patel
License #: 01941349
Buyer Represented by: INTI Realty
Selling Agent: Giannina Silva
License #: 01408839
421 Rose Place is a recently renovated four-unit apartment property ideally located near Long Beach’s popular 4th Street and Retro Row district. The property features 4 spacious, identical 3-bedroom, 1-bathroom units, providing a highly desirable and consistent unit mix with strong rental demand.
Each residence has been thoughtfully renovated and includes convenient in-unit washer and dryer hookups. All units also have their own individual water heaters, allowing for separate utility control and added convenience. Newer windows have been installed throughout the property.
Major building systems have been updated, including the electrical and plumbing systems, along with a new silicone roof system. Additional exterior improvements include newer stucco and a black double-metal security gate with a separate pedestrian entrance, providing added privacy, curb appeal, and controlled access.
The property also includes a two-car tandem parking space.
Located just moments from Retro Row, residents enjoy convenient access to one of Long Beach’s most distinctive shopping, dining, and entertainment destinations. The neighborhood is known for its walkable atmosphere, locally owned boutiques, vintage shops, restaurants, cafés, art galleries, and nightlife, making it a highly desirable place to live.
With its 4 spacious and identical 3-bedroom units, recent renovations, updated major systems, individual water heaters, improved exterior, and prime Long Beach location, 421 Rose Place presents a compelling investment opportunity with strong rental fundamentals and long-term value.
| Listing Id: | PW26168879 |
|---|---|
| List Price: | $1,300,000 |
| Close Price: | $1,200,000 |
| Close Date: | 2026-10-07 |
| Property Type: | Residential Income |
| Property Sub Type: | Quadruplex |
| Status: | Closed |
| Association Fee: | $0 |
| Lot Size Square Feet: | 3,355.0 |
| Lot Size Acres: | 0.077 |
| Waterfront?: | No |
| City: | Long Beach |
| County Or Parish: | Los Angeles |
| Subdivision: | Alamitos Beach (Ab) |
| Postal Code: | 90802 |
| Year Built: | 1923 |
| Number Of Units Total: | 4 |
| Appliances: | Dishwasher, GasOven, Microwave, Refrigerator |
| Room Type: | Kitchen, LivingRoom |
| Basement Yn: | No |
| Building Area Total: | 3576.0 |
| Building Area Units: | SquareFeet |
| Common Interest: | None |
| Common Walls: | OneCommonWall |
| Community Features: | Curbs, StreetLights, Sidewalks |
| Directions: | North of 4th St, between Rose Ave & Cherry Ave |
| Elevation Units: | Feet |
| Entry Level: | 1 |
| Entry Location: | 1 |
| Flooring: | Vinyl |
| Garage Spaces: | 0.0 |
| Gross Income: | $106,668 |
| Gross Scheduled Income: | $106,668 |
| Insurance Expense: | $2,533 |
| Laundry Features: | WasherHookup, GasDryerHookup |
| Levels: | Two |
| Licenses Expense: | $280 |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2026-08-03 |
| Listing Terms: | CashToNewLoan, Conventional, Exchange1031, FHA |
| Lot Features: | ZeroToOneUnitAcre |
| Lot Size Acres: | 0.077 |
| Lot Size Area: | 3355.0 |
| Lot Size Source: | Assessor |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | 4 - Downtown Area, Alamitos Beach |
| Net Operating Income: | $84,791 |
| New Taxes Expense: | $16,250 |
| Number Of Buildings: | 1 |
| Number Of Separate Electric Meters: | 1 |
| Number Of Separate Gas Meters: | 4 |
| Number Of Separate Water Meters: | 4 |
| Number Of Units Leased: | 4 |
| Open Parking Spaces: | 2.0 |
| Operating Expense: | $21,877 |
| Original List Price: | $1,300,000 |
| Parcel Number: | 7266026047 |
| Parking Total: | 2 |
| Pool Features: | None |
| Postal City: | LONG BEACH |
| Property Attached?: | Yes |
| Property Condition: | Turnkey |
| Rent Control?: | Yes |
| Road Frontage Type: | CityStreet |
| Roof: | Clay |
| Sewer: | PublicSewer |
| Spa Features: | None |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories: | 2 |
| Stories Total: | 2 |
| Tenant Pays: | Electricity, Gas, TrashCollection |
| Total Actual Rent: | $8,889 |
| Trash Expense: | $480 |
| Utilities: | ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected |
| View: | None |
| Walk Score: | 97 |
| Water Sewer Expense: | $2,244 |
| Water Source: | Public |
| Year Built Source: | PublicRecords |
| Property Sub Type Additional: | Quadruplex |
| Current Price: | $1,200,000.00 |
| Country Subdivision: | 06037 |
| Record Signature: | 1,331,560,429 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:7266026047 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 08, 2026. 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.
California Regional Multiple Listing Service, Inc. data last updated on October 08, 2026 05:06 PM - ET
Property Last Updated: October 08, 2026 05:06 PM - ET
