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Sold on 04/14/2025
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736 Rose Ave, Long Beach, CA 90813

$2,075,000

Last sold 04/14/2025 after 63 Days

  • —

    bed

  • —

    bath

Multi-family not for sale

About 736 Rose Ave

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 6,428 Sqft
Parking 16 garage spaces
Rental estimate
Property description
We are pleased to present 736 Rose Ave, an 8 unit apartment building built in 1987 consisting of 100% 2 bed 2 bath units averaging over 960 SF each. There is 2:1 parking with secured entry to the property. The second story of living space has vaulted ceilings, and each unit has its own individual water heater. On current income this is 10.19 GRM and a 5.81% cap rate with upside to 9.09 GRM and 7.08% cap rate. Priced at $285 per square foot, this is a unique value-add opportunity worth considering!
Listed by
Listing Agent - Shane Young
Listing Agent Contact: 562-556-1118
Listing Office - Younglewin Advisors, Inc.
Source: CRMLS mls logo
MLS#PW25030616 • last updated 1 year ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.1476
Lot Size (SqFt) 6428
Property Tax 29000
Year Built 1987
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 7700
# Parking Spaces 16
# Garage Spaces 16
Lot Description Front Yard, Rectangular Lot, Level, Near Public Transit, Value In Land
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Biking, Curbs, Dog Park, Sidewalks, Suburban, Urban
Zoning LBR2N
Directions North Of 7th Between Cherry And Walnut
APN 7267030007
Multifamily Details
Expense: Trash 3500
Operating Expense 81629
Cap Rate 5.81
Expense: Insurance 17325
Total Expenses 81629
Expense: Water/ Sewer 6000
Gross Income 215940
Expense: Electric 2500
Gross Multiplier 10.19
Gross Scheduled Income 215940
Rental est.: $1,333/month
Gross rent multiplier: 129.7
  • Mar 2026
    mls logo MLS # PW26007104
  • Mar 12, 2026 Pending
    —
  • Jan 12, 2026 Listed
    $2,995,000 (+44.3%)
  • Apr 2025
    mls logo MLS # PW25030616
  • Apr 14, 2025 Sold
    $2,075,000
  • Mar 4, 2025 Pending
    —
  • Feb 10, 2025 Listed
    $2,200,000 (+400.0%)
  • Apr 2025
    Public Records
  • Apr 11, 2025 Sold
    $2,075,000 (-5.7%)
  • Jun 2001
    Public Records
  • Jun 15, 2001 Sold
    $440,000
  • Year Property taxes Tax assessment
  • 2024
    $14,783 +1.8%
    $1,053,138 +2.0%
  • 2023
    $14,527 +6.3%
    $1,032,536
  • 2022
    $13,665 +2.4%
    $1,032,536 +4.03%
  • 2021
    $13,348 +0.3%
    $992,536
  • 2020
    $13,311
    $992,536
  • 736 Rose Ave
    $2.07M
  • Hellman
    $475K -23% y/y
  • 90813
    $550K +5% y/y
  • Long Beach
    $699K 0% y/y
No chart available
Statistics calculated by Movoto

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8/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

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