1400 Rose Avenue
1400 Rose Avenue
Closed 4/1/21
Closed 4/1/21
Description
1400 Rose avenue is located on the northside of Rose Avenue at the corner of 14th Street and Rose Avenue in the highly desirable neighborhood of MacArthur Park. The property is just minutes from Cal. State Long Beach, 4th Street (Retro Row), Museum of Latin American Art, Shoreline Village, The Pike Outlets, the newly build Long Beach Exchange, as well as, numerous local shopping and dining options.
- Listed by Christopher Arvizu • DRE #02069791 • Brokerage DRE #02069791 • Centurion Capital Investments
Property Details for 1400 Rose Avenue
Location
Sold By Lee Commercial Properties, Edmon Lee, DRE #01702793
Property Details for 1400 Rose Avenue
| Status | Closed |
|---|---|
| MLS # | PW21002817 |
| Days on Market | 43 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1930 |
| Lot Size | 0.10 AC / 4,382 SF |
| County | Los Angeles County |
Location
Sold By Lee Commercial Properties, Edmon Lee, DRE #01702793
Building Information for 1400 Rose Avenue
Payment Calculator
$7,849 per month
30 year fixed, 7.25% Interest
$6,494
$1,355
$0
Property Information for 1400 Rose Avenue
- Gross Income: $5,400
- Gross Scheduled Income: $77,040
- Vacancy Allowance: 3852
- Net Operating Income: $55,026
- Number Of Rented Garages: 3
- Garage Rental Rate: $150
- Garage Income: $450
- Gross Multiplier: 15.9
- Cap Rate: 4.49
- Financing: Cash To New Loan
- Operating Expense: $23,668
- New Taxes Expense: $0
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $23,562
- Tax Tract Number: 15
- Tax Lot: 5752
- Community Features: Urban
- Laundry: No
- Laundry Features: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 2-5 Units/Acre
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Sewer: Unknown
- Water Source: Public
- Garage Spaces: 4
- Parking: Yes
- Parking Garage: Assigned
- Uncovered Spaces: 4
- Open Other Spaces Total: 4
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Parking Features: Assigned
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,150
- Unit Type Total Rent: $1,150
- Unit Type Pro Forma: 1350
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,470
- Unit Type Total Rent: $1,470
- Unit Type Pro Forma: 1650
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,850
- Unit Type Total Rent: $1,850
- Unit Type Pro Forma: 2100
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,950
- Unit Type Total Rent: $1,950
- Unit Type Pro Forma: 2100
- Unit Type Type: 4
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
Property History for 1400 Rose Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1400 Rose Avenue
Schools near 1400 Rose Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Whittier Elementary School PublicK to 5 | ||
Franklin Classical Middle School Public6 to 8 | ||
Polytechnic High School Public9 to 12 | ||
Clear Passage Educational Center Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Centurion Capital Investments, Christopher Arvizu, DRE #02069791
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.