
Long Beach, California 90814
This Historic Rose Park Quadruplex is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,452,476 Fair Market Value by 7%. This valuation gap offers $102,476 in Instant Equity for buyers. The property holds a Well-Maintained Condition Rating, featuring two buildings with upgraded kitchens, stone countertops, and private patios. Located minutes from the beach and Retro Row, it ensures high rental demand and long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 672 Junipero Subject | $1,350,000* List Price | 0 | 0 | 2,284 | $636 | - |
A 367 Loma Sold | $1,310,000 | 0 | 0 | 2,192 | $598 | 0.8 mi |
B 602 Stanley Avenue Sold | $1,072,500 | 0 | 0 | 1,533 | $700 | 0.1 mi |
C 678 Coronado Pending | $1,050,000 List Price | 0 | 0 | 1,975 | $532 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite its 1921 build date, the property is well-maintained and move-in ready. Interior photos reveal significant updates including kitchens with stone countertops and oak cabinetry, modernized bathrooms with contemporary tiling and pedestal sinks, and a mix of hardwood and laminate flooring. The inclusion of a tankless water heater suggests mechanical systems have been updated, and the overall condition shows minimal physical depreciation for a historic multi-unit property.
Situated in the historic Rose Park neighborhood, the property is within walking distance to the vibrant Retro Row and just minutes from the beach, ensuring high tenant demand and long-term appreciation.
The quadruplex configuration across two separate buildings offers enhanced privacy, featuring private patios and yards for each unit, which is a rare and highly desirable trait for rental properties in this area.
With upgraded kitchens and bathrooms in the front units, the property reduces immediate capital expenditure requirements for new owners while commanding competitive market rents.
Dating back to 1921, the property may require significant ongoing maintenance or infrastructure updates to plumbing and electrical systems typical of century-old historic structures.
With only two garages provided for four units, the lack of a 1:1 parking ratio may be a drawback for potential tenants in a high-density neighborhood where street parking is notoriously difficult.
Historic Rose Park 4 unit property. This 1920's charmer is compromised of 2 buildings on a 4200 square foot lot. Front building is two large one bedrooms with little front yards. Units have upgraded kitchens and baths. Back building is a large upper one bedroom that has private patio. Single unit on ground level with lots of character which includes private patio area. Community Laundry, plus 2 garages. Great location, short distance to Retro Row and minutes to the beach. Truly a must see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,284 | 2,058 | 63% |
| Lot Size | 4,201 | 5,653.5 | 25% |
| Price | $1.35M | $1.38M | 50% |
| Price per sq ft | $591 | $639 | 25% |
| Built year | 1921 | 1933 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 116 | 13% |
Mar 26, 2026
$1,350,000
Initial Listing
Sep 29, 2015
$720,000
Public Record
Dec 28, 2001
$265,000
Public Record
May 4, 2001
$148,929
Public Record
Jul 23, 1996
$130,000
Public Record