We 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!
Sold for $2,075,000
Zillow last checked:
Listing updated:
Bought with:
Shane Young, DRE #01963090
Younglewin Advisors, Inc.
Source: CRMLS,MLS#: PW25030616
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 4/14/2025 | Sold | $2,075,000-5.7%$269/sqft |
Source:  CRMLS #PW25030616 Report a problem | ||
| 3/5/2025 | Pending sale | $2,200,000$286/sqft |
Source: CRMLS #PW25030616 Report a problem | ||
| 2/11/2025 | Listed for sale | $2,200,000$286/sqft |
Source: CRMLS #PW25030616 Report a problem | ||
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Estimated market value
$2,044,300
