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Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.
Property Type(s):
Residential Income
| Last Updated | 6/8/2026 | Tract | Carroll Park Condos (CRP) |
|---|---|---|---|
| Year Built | 1930 | Community | 3 - Eastside, Circle Area |
| Garage Spaces | 3.0 | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Gas Range |
| AREA | 3 - Eastside, Circle Area |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Floor Furnace, Wall Furnace |
| INTERIOR | Built-in Features |
| LOT | 4003 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 4001 |
| PARKING | Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Spanish |
| SUBDIVISION | Carroll Park Condos (CRP) |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with Buckingham Investments, Inc
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