$ 1,485,000
187 Roycroft Avenue Long Beach, CA 90803
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Listed by Tyler Leeson • Marcus & Millichap RE Invest
$ 1,485,000
Est. payment | /mo
1,560 SqFt
$ 1,485,000
Est. payment | /mo
1,560 SqFt
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $951
Subdivision Belmont Shore
MLS Listing ID OC-24125502
Year Built 1950
Lot Size 3,049 Sqft
Property Description
187 Roycroft Avenue is a 4-unit multifamily investment property located in the highly sought-after Belmont Shore neighborhood of Long Beach, CA. 187 Roycroft Avenue features highly desirable single-story construction with amenities including gated access, security doors, dual-pane windows, and a common area rear patio. Current ownership has invested significant capital into improvements at the property including mini-split air conditioning units and upgraded electrical panels. Additionally, in 2024 solar panels were installed at the property, helping ownership to offset operational costs. Residents of 187 Roycroft Avenue enjoy the property's prime Belmont Shore location, just steps away from the abundance of retail, dining, and entertainment options on 2nd Street. Residents enjoy convenient access to over 4 miles of uninterrupted coastline that offer an endless amount of recreational and leisurely activities at Rosie's Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier among others. Additionally, 187 Roycroft Avenue is also just under 2 miles from 2nd & PCH, a recently developed open-air mall, providing residents with convenient access to a plethora of popular retailers and restaurants. Furthermore, the property's close proximity to Pacific Coast Highway provides residents with easy access throughout Long Beach and neighboring coastal cities. The property's ideal Belmont Shore location surrounded by an abundance of recreational, entertainment, and retail amenities are a primary draw for potential renters. This overall demand for well-located rental units will be a key driver in the continued growth and success at 187 Roycroft Avenue.
Location
State CA
County Los Angeles
Zoning LBR2S
Interior
Laundry None
Exterior
Garage Gated
Pool None
Community Features Curbs, Gutters, Sidewalks
Building
Lot Description Level with Street
Sewer Public Sewer
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Marissa Buss & Danny Lambert
Lic# 01770909 | 01834114