1408 Rose Ave, Long Beach, CA 90813
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1408 Rose Ave Long Beach, CA 90813

$1,299,900
  • 8 Beds
  • 4 Baths
  • 3,468 Sq.Ft.
For Sale
$1,299,900 Get Pre-Qualified

Map preview of 1408 Rose Ave, Long Beach, CA 90813

Property Overview: 1408 Rose Ave Long Beach, CA has 8 bedrooms, 4 bathrooms, 3,468 living square feet and 4,385 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Beautiful Spanish Classic remodeled 4plex featuring 4 separate garages, granite kitchens, all 2 bedrooms w remodeled bathrooms, close to transportation, shopping, Cal State Long Beach and Beach

Listed by Frank Marshall | BRE #00682236 | REMAX Proper
Last checked: 7 minutes ago | Last updated: April 13th, 2024 | Source CRMLS | DOM: 95
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Home details

Lot Sq. Ft
4,385
HOA Dues
$0/mo
Year built
1930
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
PW24010083
City
Long Beach
County
Los Angeles
Time on Site
100 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $84,600
  • Net Operating Income: $69,311
  • Gross Operating Income: $84,500
  • Vacancy Allowance: $100
  • # of Rented Garages: 4
  • Garage Rental Rate: $100
Annual Expense Breakdown
  • Total Operating Expense: $15,289
  • Licenses: $265
  • New Taxes: $5,815
  • Trash: $0
  • Gardener: $600
  • Insurance: $2,009
  • Maintenance: $1,500
  • Professional Management: $3,600
  • Water/Sewer: $1,500

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Property Details for 1408 Rose Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas, Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Balcony, Granite Counters
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Common Roof
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre, Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 7261016016
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Concrete Perimeter
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: None
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Cambodia Town
  • Directions: N Anaheim W Cherry
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
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Sale History for 1408 Rose Ave

Last sold for $324,000 on December 7th, 2010
  • January, 2024

  • Jan 17, 2024

    Date

    Active

    CRMLS: PW24010083

    $1,350,000

    Price

  • December, 2010

  • Dec 7, 2010

    Date

    Sold (Public Records)

    Public Records

    $324,000

    Price

  • September, 1994

  • Sep 28, 1994

    Date

    Sold (Public Records)

    Public Records

    $115,000

    Price

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Tax History for 1408 Rose Ave

Assessed Value (2020): $379,550
Year Land Value Improved Value Assessed Value
2020 $168,687 $210,863 $379,550

Home Value Compared to the Market

This property vs the competition

1408 Rose Ave is listed 62.49% higher than the median list price for the city of Long Beach which has a median list price of $800,000. The median price per/sqft for Long Beach is $633 and this home is listed at $374.83 per/sqft which puts the price per square foot 40.79% lower than the median price per square foot for the city of Long Beach.

About 1408 Rose Ave

Detailed summary of property

1408 Rose Ave is a fourplex located in Long Beach, CA 90813 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 3,468 living square feet, and sits on an approximately 4,385 square foot lot. 1408 Rose Ave was first listed on ArdentRealEstateGroup.com on January 18, 2024. The homeowner is currently asking $1,299,900 and was originally asking $1,350,000. The median priced home in Long Beach is $800,000 with a median price per square foot of $633. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 62.49% higher than the median priced home. Local competing homes currently for sale include 3915 E 11th St, 2175 Earl Ave and 1044 Cedar Ave. While the average home in Long Beach, CA is selling in 56 days, 1408 Rose Ave has a days on market of 95 days. There are currently 570 homes for sale in the Long Beach real estate market and 325 of them are single family homes while 233 of them are condos and 12 are townhomes. For more information on this home for sale at 1408 Rose Ave Long Beach, CA 90813 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 1408 Rose Ave

Public county record property details
Beds
4
Baths
4
Year built
1930
Sq. Ft.
3,468
Lot Size
4,384
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
7261-016-016

The source for these homes facts are from public records.

90813 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$563
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$612
Total Inventory
30
Median Sale to List Price %
98.1%
Avg Days on Market
27
Loan Type
Conventional (54.55%), FHA (9.09%), VA (18.18%), Cash (0%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.