fbpx GET STARTED

454 Rose Ave, Long Bveach

  • Large 4-Unit apartment building right off the 4th Street Corridor
  • Huge upside in rents
  • Market GRM 14.3 and Market Cap Rate of 3.9%
  • Potential to convert to 2 bedroom units
  • Not subject to City of LA soft story retrofit program
current

Download Offering Memorandum

UNITS: 4

GROSS RENT MULTIPLIER: 21.1

CAP RATE: 2.0

PRICE

$1,100,000

ANNUAL INCOME

$52,140

ANNUAL NOI

$22,454

ANNUAL EXPENSE

$27,079

Rental Cost Details

# OF UNITS # OF BEDROOMS # OF BATHS ACTUAL RENT TOTAL RENT PRO FORMA TOTAL PRO FORMA
111$1,195$1,195$1,595$1,595
111$1,000$1,000$1,595$1,595
111$1,125$1,125$1,595$1,595
111$1,025$1,025$1,595$1,595
TOTAL # OF UNITS TOTAL # OF BEDROOMS TOTAL # OF BATHS GRAND TOTAL RENT GRAND TOTAL PRO FORMA
444 $4,345 $6,380