421 N Rose, Long Beach, CA 90802

Property Description

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.