826 Rose Avenue,
Long Beach,
CA
90813
Prime 5-Unit Multifamily Investment Opportunity in Long Beach Introducing 826 Rose Ave, a fully renovated triplex in the heart of Long Beach, currently100% occupiedand generating$6,185 per month in rental income. With an annual cash flow of$78,600, this property offers immediate returns with future growth potential through afully approvedexpansion 2 unit ADU. FOR SALE: $1,850,000 Owners Loss, Investors Gain:Due to funding requirements for another project, the owner must sell this valuable asset, creating a unique opportunity for investors. Expansion Opportunity with Fully Permitted ADU Plans: The property includes fully permitted, shovel-ready plans for two additional ADU units (each a 2-bed, 2-bath, 2-story design), which will transform this triplex into a5-unit multifamily propertywith a proforma annual cash flow of$140,220 upon completionand an estimated cap rate of6.07%. Property Highlights: Current Units:3 fully renovated units, fully occupied, with$6,185 monthly rental income($78,600 annually). Future Expansion:Includes fully permitted plans fortwo new ADU units, adding1,584 sq. ft.of living space. Construction:Contractor selected via BuildZoom, ready to begin with a6-8 month build timelineand total build cost of$434,000. Investment Potential:After completion, the property will offer 5 units, a projected ARV of$2.4M to $2.6M, proforma cash flow of$139,000 annually, and a cap rate of6.06%. Prime Location:Situated in a vibrant Long Beach neighborhood, with easy access to schools, parks, dining, and the beach. This is a rare opportunity to acquire a high-performing investment property with significant upside potential. Whether you're a seasoned investor or looking to expand your portfolio,826 Rose Ave is a must-see!
This is an Active listing.
Broker Office Phone Number: 949-552-0505
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