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$1,685,000
1 bed
2 bath
0 Sqft
3,049.20 Sqft lot

187 Roycroft Avenue, Long Beach, California 90803

  • Residential Income Property Type
  • 9 Days Time on market
  • 1950 Year Built
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.

Basic Details
Residential Income
Buy
OC24125502
$1,685,000
1
2
0 Sqft
1950
3,049.20 Sqft
Active
Apartment
Houses
Features
: Sidewalks, Curbs, Gutters
0
$0
: Public Sewer
Address
CA
Los Angeles
Long Beach
90803
187 Roycroft Avenue
187
Avenue
0
W119° 51' 40.6''
N33° 45' 41.8''
Additional Information
9
1
1
1
: One
0
1,560 Sqft
1
0 Sqft
0 Sqft
0.07 Sqft
0.07 Sqft
1
: No Common Walls
0 Sqft
LBR2S
7256023019
$0
$0
$0
$2,400
1
$0
$1,800
0 Sqft
1
0 Sqft
$0
1
19/06/2024 12:12:04
$0
: Standard
Cash,1031 Exchange
Cross Streets of Roycroft Avenue & 2nd Street
Marcus & Millichap RE Invest
Tyler Leeson
H05626
OCLEESTYL
$0
1.81
0
1
: Streetlevel
1
Belmont Shore (BSD)
1
: Square Feet
: Community Apartment
yes
1
1
1
1
4
9
22
69000
US-06037-N-7256023019-R-N
Apartment
19/06/2024 19:46:53
Roycroft
1 - Belmont Shore/Park,Naples,Marina Pac,Bay Hrbr
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