187 Roycroft Avenue, Long Beach, CA 90803 (MLS # OC24125502)

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PRICE $1,485,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 1,560 sqft
LOT SIZE 3,050 sqft

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.

DAYS ON MARKET 159 LAST UPDATED 11/20/2024
TRACT Belmont Shore (BSD) YEAR BUILT 1950
COMMUNITY Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr COUNTY Los Angeles
STATUS Conditional PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Aug 12, '24 $1,685,000
Aug 12, '24 - Oct 15, '24 $1,595,000
Oct 15, '24 - Today $1,485,000


ADDITIONAL DETAILS
AREA Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
HOA DUES 0
LOT 3049 sq ft
LOT DESCRIPTION Street Level
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
SUBDIVISION Belmont Shore (BSD)
WATER Public
ZONING LBR2S
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Marcus & Millichap RE Invest

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 3:47 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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