RealKey
‪(213) 433-7766‬

419 Rose Avenue, Long Beach, California 90802, Long Beach, 90802 - bed, bath

419 Rose Avenue, Long Beach, California 90802 home-pic-0
ACTIVE$799,900
419 Rose Avenue, Long Beach, California 90802
0Bed
0Bath
2,448Sqft
4,450Lot
Year Built
1919
Close
-
List price
$800K
Original List price
$1.5M
Price/Sqft
$327
HOA
-
Days on market
-
Sold On
-
MLS number
PW25153118
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $799.9K(27th), sqft - 2448(45th), beds - undefined(50th), baths - undefined(50th).

419-423 Rose Avenue Investment Portfolio, 3 units on a lot in Prime Long Beach area close to Downtown! Incredible opportunity to acquire a multi-property portfolio in the heart of Long Beach’s Alamitos Beach/Rose Park area. Perfect for investors, developers, or those seeking a value-add rental portfolio. 419, 421, 423 Rose Ave: A standalone single-family home with vintage charm and loads of potential. Ideal for an owner-user or creative rehab. Rear, 2-story building has two 2 bedroom 1 bathroom units, one up and one down. A detached 1-car garage adds more value and future options. Please do not disturb occupants. Zoned residential, this is a rare chance to own multiple income-generating units just blocks from the beach, 4th Street/Retro Row, shops, and dining. Properties are being sold as-is, and may require updates or repairs. Buyer to verify all permits, zoning, and unit configurations. This is a probate sale and may require court confirmation.

Nearby schools

6/10
Burbank Elementary School
Public,•K-5•0.3mi
7/10
Stevenson Elementary School
Public,•K-5•0.8mi
6/10
Franklin Classical Middle School
Public,•6-8•0.5mi
7/10
Jefferson Leadership Academies School
Public,•6-8•1.2mi
6/10
Polytechnic High School
Public,•9-12•1.3mi
6/10
Wilson High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
12/17/25
Price Change
$799,900-2.5%
10/17/25
Price Change
$820,000-45.3%
08/08/25
Listing
$1,500,000
Condition Rating
Poor
Built in 1919, this property is explicitly marketed 'as-is' and 'may require updates or repairs.' The provided image of the bathroom confirms this, showing significant disrepair with peeling paint, old and stained tiles, and outdated fixtures, indicating a need for a complete renovation. While the structure may have 'vintage charm,' the overall condition suggests substantial rehabilitation is required across all units, including major system upgrades given its age.
Pros & Cons

Pros

Prime Coastal Location: Situated in the highly desirable Alamitos Beach/Rose Park area of Long Beach, just blocks from the beach, Downtown, 4th Street/Retro Row, shops, and dining, offering strong rental demand and appreciation potential.
Multi-Unit Income Portfolio: Comprising three distinct units (a standalone single-family home and a two-unit building), this property offers immediate income generation and portfolio diversification for investors.
Significant Value-Add Potential: Explicitly marketed for investors and developers seeking a 'value-add rental portfolio,' the property presents a substantial opportunity for renovation and increased rental income or resale value.
Substantial Price Reduction: The current list price of $799,900 represents a significant reduction from the original $1.5 million, indicating a potentially attractive entry point for buyers.
Detached Garage & Vintage Charm: The property includes a detached 1-car garage, adding practical value and potential for future development (e.g., ADU conversion), alongside the single-family home's inherent vintage charm.

Cons

As-Is Condition & Required Updates: The property is being sold 'as-is' and explicitly states it 'may require updates or repairs,' suggesting significant capital expenditure will be necessary post-acquisition.
Probate Sale & Court Confirmation: As a probate sale, the transaction may be subject to court confirmation, potentially leading to extended closing timelines and additional legal complexities.
Extensive Buyer Due Diligence: Buyers are advised to 'verify all permits, zoning, and unit configurations,' indicating a higher burden of due diligence and potential for uncovering unpermitted work or zoning challenges, especially for a 1919-built property.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state