679 Obispo, Long Beach, CA 90814
679 Obispo, Long Beach, CA 90814
679 Obispo, Long Beach, CA 90814
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Anthony P. Walker • Buckingham Investments, Inc
$1,350,000
Est. payment /mo
3,176 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,176 sqft

Price per Sqft $425

MLS Listing ID SB-26122163

Style Spanish

Year Built 1930

Lot Size 4,001 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

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.

Location

State CA

County Los Angeles

Area 3 - Eastside, Circle Area

Interior

Interior Features Built-In Features

Heating Wall Furnace, Floor Furnace

Flooring Tile, Vinyl

Fireplaces Type None

Laundry None

Exterior

Parking Features Garage

Garage Spaces 3.0

Pool None

Community Features Urban

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description Rectangular Lot

Sewer Public Sewer

Read Less Info

Nearby Locations

GET MORE INFORMATION

John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Channel Cities Realty Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

679 Obispo