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$2,574,000

Est. payment - /mo

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2,622 Sqft Lot

Price Dropped by $25K

20 Roycroft Long Beach, CA 90803

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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Shore (Bsd)

MLS Listing ID PW26100517

HOA Y/N No

Year Built 1947

Lot Size 2,622 Sqft

Property Sub-Type Mixed Use

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.

Location

State CA

County Los Angeles

Area 1 - Belmont Shore/Park, Naples, Marina Pac, Bay Hrbr

Interior

Interior Features Balcony

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry Common Area

Exterior

Parking Features No Driveway, On Street

Pool None

Community Features Street Lights

View Y/N Yes

View City Lights

Roof Type Flat

Accessibility None

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7256032012

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Michael Richards Keller Williams Pacific Estate 562 889-1317, DRE #01308435

NEARBY SCHOOL & BUSINESS

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