679 Obispo , Long Beach, CA 90814
$1,350,000
Est. Payment: $6,792.99/mo
6 Bed
4 Bath
3176 Sqft
Status: active | Days on site: 1
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House Description

Perfectly located Historic Rose Park South four unit property on the market for the first time in nearly 25 years. Excellent unit mix with two large 2 bed/1 bath units and two 1 bed/1 bath units full of historic charm and natural light, all with recently updated interiors. Deep lot with a detached 3 car garage plus 3 parking spaces, and a rear patio ideal for ADU development. Well priced on actual income at 12.5X GRM plus a 12% upside to 11.2X GRM and 5.6% cap rate at market rents. Separately metered for gas and electricity. Nestled between the Rose Park and Bluff Heights neighborhoods of Long Beach. 2 blocks away from 4th Street Retro Row including popular restaurants, shops and bars. Just over 1 mile away from the beach with pedestrian access to the scenic Shoreline Bike Path. Long Beach will host 18 events during the upcoming LA28 Olympics, including several taking place right on the beach.

Highlights

Listed by Anthony Walker , 310 982-7055 and Josh Ess , 310-982-7055 Buckingham Investments, Inc , 310-982-7055. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.09

Year Built

1930

County

Los Angeles

Area

3 - Eastside, Circle Area

Neighborhood

Carroll Park Condos (CRP)

Listing ID

SB26122163

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Gas Range
Floor:Tile,Vinyl
Other:Built-in Features
Other:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:6
Roof:Flat
Others:Turnkey,Stucco,2+ Total Units
Sewer:Public Sewer
Parking Features:Garage
Principal Interest
$6,793
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,792.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,792.99 $860.63 $0.00 $7,653.61
Yearly $81,515.84 $10,327.50 $0.00 $91,843.34
Total $2,445,475.17 $309,825.00 $0.00 $2,755,300.17

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Long Beach, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T20:35:47.000Z

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