Mohr Real Estate Group

Mohr Real Estate Group

679 Obispo Long Beach CA 90814 MLS #SB26122163

679 Obispo
Long Beach, CA, 90814
$1,350,000
Beds
0 Baths
0 SqFt
0.09 Acres
Add
Add
$1,350,000
679 Obispo
Long Beach, CA, 90814
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Property 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.

Property Details

Price:
$1,350,000
MLS #:
SB26122163
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
Carroll Park Condos CRP
Neighborhood:
3eastsidecirclearea
Listed Date:
Jun 8, 2026
Total Sq Ft:
3,176
Lot Size:
4,001 sqft / 0.09 acres (approx)
Year Built:
1930
Spanish3 – Eastside, Circle Area3eastsidecircleareaCarroll Park Condos CrpNone

Schools

Interior

Appliances
GR
Cooling
NO
Flooring
TILE, VINY
Heating
FF, WL
Interior Features
BI
Laundry Features
NO
Levels
U

Exterior

Accessibility Features
NO
Architectural Style
SPN
Common Walls
_2CW
Community Features
URB
Construction Materials
STC
Direction Faces
E
Fencing
WD
Garage Spaces
3
Parking Spots
6
Parking Total
6
Roof
FLTR
Spa Features
NO
View
NO

Financial

Gross Operating Income
$102,326
Maintenance Fee
$5,116
Net Operating Income
$63,688
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679 Obispo
Long Beach, CA
The Mohr Real Estate Group

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