70 Roycroft ave, Long Beach, CA 90803
- $1,960,000
- List Price
- $1,960,000
- Price Change
- ▼ $50,000 1784858246
- Status
- ACTIVE
- MLS#
- PW26117355
- Year Built
- 1950
- Lot Size
- 3,161
- Acres
- 0.07
- Lot Location
- 2-5 Units/Acre, Front Yard, Sprinklers On Side
- Days on Market
- 59
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Belmont Shore (Bsd)
Property Description
Located in the heart of Belmont Heights, 70 Roycroft Ave offers the perfect blend of coastal living and urban convenience. This well-maintained 4-unit investment property provides strong in-place income, recent capital improvements, and long-term upside potential in one of Long Beach's most sought-after neighborhoods. The property has been significantly upgraded with new windows throughout, updated plumbing, and upgraded electrical panels in 2023. Three of the four permitted units have been remodeled, creating a largely turnkey investment with reduced deferred maintenance and future upside through the remaining unit. Residents benefit from a convenient shared laundry room, adding value and convenience for tenants. Just minutes from the beach, Belmont Shore, 2nd Street dining and shopping, and vibrant local cafes, this prime location is known for its charming tree-lined streets, walkability, and strong sense of community. Residents enjoy convenient access to parks, marinas, highly rated schools, and major freeways while living in one of Long Beach's most desirable coastal neighborhoods.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $133,260
- Operating Expense
- 38779
Listing courtesy of Listing Agent: Ben Koin (benkoin@camelotwest.com) from Listing Office: Camelot West Residential.
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