About 679 Obispo
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.
Features of 679 Obispo
| MLS® # | SB26122163 |
|---|---|
| Price | $1,350,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Acres | 0.09 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Pending |
Community Information
| Address | 679 Obispo |
|---|---|
| Area | LONG BEACH (90814) |
| City | Long Beach |
| County | Los Angeles |
| State | CA |
| Zip Code | 90814 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Heating | Floor Furnace |
|---|---|
| Cooling | N/K |
| Fireplace | Yes |
| Stories | 2 Story |
Exterior
| Construction | Stucco |
|---|
Additional Information
| Date Listed | June 8th, 2026 |
|---|---|
| Days on Market | 74 |
| Zoning | Public Rec |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Buckingham Investments, Inc |
|---|