20 Roycroft, Long Beach, CA 90803
- $2,574,000
- List Price
- $2,574,000
- Price Change
- ▼ $25,000 1782281965
- Status
- ACTIVE
- MLS#
- PW26100517
- Year Built
- 1947
- Lot Size
- 2,622
- Acres
- 0.06
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 82
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Neighborhood
- Belmont Shore (Bsd)
Property Description
Welcome to 20 Roycroft Avenue, its location doesn’t get much better than this, an investment opportunity for an investor looking to add a trophy asset to their portfolio in a prime coastal area, this 8-unit property is located in the well sort after Belmont Shore neighborhood. This well-maintained property offers a steady income in a highly desirable rental market. Property consists of Three 1-bedroom, 1-bathroom units, plus Five studios, one of the studios is a just completed ADU with A/C, with convenient on-site laundry facilities. New main electrical service and situated just a short walk from some of the best restaurants, cafes, shops, and steps to the beach, this property boasts an unbeatable location. Residents in Belmont Shore enjoy the convenient access to the retail, dining, and entertainment options on 2nd Street, plus plenty of recreational, biking, hiking and leisure activities, The property is close to Naples Island and canals, Dog Beach, Long Beach City Beach, and Belmont Veterans Memorial Pier. The redeveloped 2nd & PCH open-air mall, featuring popular retailers and restaurants. The close proximity to Pacific Coast Highway ensures easy access throughout Long Beach and neighboring coastal cities and close proximity to freeways. Appealing to Renters, with its access to recreational, entertainment, and retail choices, making it highly attractive to place to live.
Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- View
- City Lights
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $170,760
- Operating Expense
- 27049
Listing courtesy of Listing Agent: Michael Richards (MRichardsKW@gmail.com) from Listing Office: Keller Williams Pacific Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.