Seller's Agent in 2025
Shane Young
Younglewin Advisors, Inc.
(562) 556-1118
1 in this area
31 Total Sales
736 Rose Ave Long Beach, CA 90813
Hellman Neighborhood
2
Beds
2
Baths
7,700
Sq Ft
6,428
Sq Ft Lot Lot
Highlights
- Property is near public transit
- Laundry Room
- Dog Park
- Long Beach Polytechnic High School Rated A
- Bike Trail
- Rectangular Lot
About This Home
As of April 2025We are pleased to present 736 Rose Ave, an 8 unit apartment building built in 1987 consisting of 100% 2 bed 2 bath units averaging over 960 SF each. There is 2:1 parking with secured entry to the property. The second story of living space has vaulted ceilings, and each unit has its own individual water heater. On current income this is 10.19 GRM and a 5.81% cap rate with upside to 9.09 GRM and 7.08% cap rate. Priced at $285 per square foot, this is a unique value-add opportunity worth considering!
Last Agent to Sell the Property
Younglewin Advisors, Inc. Brokerage Phone: 562-556-1118 License #01963090 Listed on: 02/10/2025
Last Buyer's Agent
Younglewin Advisors, Inc. Brokerage Phone: 562-556-1118 License #01963090 Listed on: 02/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,000
Year Built
- Built in 1987
Lot Details
- 6,428 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
- Level Lot
- Front Yard
- Value in Land
Parking
- 16 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,700 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Location
- Property is near public transit
- Urban Location
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas, parking fee
- Legal Lot and Block 7 / B
- Tax Tract Number 576
- Assessor Parcel Number 7267030007
Community Details
Recreation
- Dog Park
- Bike Trail
Building Details
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,500
- Insurance Expense $17,325
- Professional Management Expense $10,797
- Trash Expense $3,500
- Water Sewer Expense $6,000
- Operating Expense $81,629
- Gross Income $215,940
- Net Operating Income $127,833
Additional Features
- 8 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | Sold | $2,075,000 | -5.7% | $269 / Sq Ft |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $2,200,000 | -- | $286 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,783 | $2,075,000 | $1,200,000 | $875,000 |
| 2024 | $14,783 | $1,050,738 | $262,677 | $788,061 |
| 2023 | $14,527 | $1,030,136 | $257,527 | $772,609 |
| 2022 | $13,665 | $1,009,938 | $252,478 | $757,460 |
| 2021 | $13,348 | $990,136 | $247,528 | $742,608 |
| 2019 | $13,157 | $963,170 | $240,187 | $722,983 |
| 2018 | $12,755 | $944,332 | $235,478 | $708,854 |
| 2017 | $55 | $923,463 | $230,861 | $692,602 |
| 2016 | $11,706 | $905,357 | $226,335 | $679,022 |
| 2015 | $11,255 | $891,759 | $222,936 | $668,823 |
| 2014 | $11,210 | $874,291 | $218,569 | $655,722 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Young
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25030616
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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