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736 Rose Ave
Long Beach, CA 90813
Multifamily Property For Sale
·
8 Units
Executive Summary
736 Rose Ave is an eight-unit multifamily apartment asset located in Long Beach, California. The property was built in 1987 and consists of eight (8) 2-bedroom / 2-bathroom units, each averaging approximately over 960 square feet. With substantial external and internal renovations completed in 2025, this property provides an ease-of-ownership opportunity for investors.
The building features desirable low-rise construction with vaulted ceilings on upper-floor units, balconies, and individual water heaters, giving tenants utility control.
Amenities include a secured on-site parking ratio of 2:1, controlled access courtyard, fenced lot, laundry facilities, and storage space — key value drivers in the Long Beach rental market.
The building features desirable low-rise construction with vaulted ceilings on upper-floor units, balconies, and individual water heaters, giving tenants utility control.
Amenities include a secured on-site parking ratio of 2:1, controlled access courtyard, fenced lot, laundry facilities, and storage space — key value drivers in the Long Beach rental market.
Property Facts
| Price Per Unit | $361,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.20% | Building Size | 7,700 SF |
| Gross Rent Multiplier | 12.65 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1987/2025 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R2, Long Beach - Multiple Residential Two-Family Dwellings R1 Uses, Home Occupations | ||
| Price Per Unit | $361,875 |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| Gross Rent Multiplier | 12.65 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 7,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2025 |
| Parking Ratio | 2/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2, Long Beach - Multiple Residential Two-Family Dwellings R1 Uses, Home Occupations |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Vaulted Ceiling
- Oven
- Tub/Shower
- Basement
Site Amenities
- Controlled Access
- Courtyard
- Fenced Lot
- Laundry Facilities
- Walking/Biking Trails
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | 960 |
Property Taxes
| Parcel Number | 7267-030-007 | Improvements Assessment | $875,000 |
| Land Assessment | $1,200,000 | Total Assessment | $2,075,000 |
Property Taxes
Parcel Number
7267-030-007
Land Assessment
$1,200,000
Improvements Assessment
$875,000
Total Assessment
$2,075,000
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