Neighborhood: 4 - Downtown Area, Alamitos Beach, Alamitos Beach (ab)
454-460 Rose Avenue. Great opportunity to own a two story building consisting of 4 large 1 bedroom/1 bath units right off the 4th Street Corridor and adjacent to Retro Row. All Units are professional managed and are in good condition with a large functional layout, separately metered for gas & electricity. Close to 45% upside in rents and perfect for upgrading. Located in the path of progress - this dense rental market is perfect for investors who enjoy low vacancy rates, high market rental rates ad strong long-term appreciation. Close proximity to Downtown Long Beach provides maximum accessibility, with plenty of public transportation and a high walk score. The beach, parks and attractions are just minutes away. Long Beach is thriving due to millions of dollars in private and public developments, strong employment and a growing local economy. This easy to own asset is a great addition to any portfolio or first time investor.