Homes for sale - 159 Roycroft AVE, Long Beach, CA 90803

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.

$1,900,000

Est. payment - /mo

3,158 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB25116076

Year Built 1956

Lot Size 3,158 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Rare 4-Unit Trophy Property in the Heart of Belmont Shore - 5.46% Cap Rate! Welcome to 159 Roycroft Ave, an exceptional 4-unit investment opportunity nestled on one of the most coveted streets in Belmont Shore. Located just half a block from the iconic 2nd Street and only two blocks from the beach, this property delivers the ultimate in walkable, beachside living with a stellar Walk Score of 88. This pride-of-ownership asset boasts an ideal unit mix: (2) Spacious 2-Bed/2-Bath units, (1) Furnished Studio, (1) 2-Bed/1-Bath unit. Two units are vacant and recently renovated, including a front-facing 2-Bed/1-Bath perfect for an owner-user and a fully furnished studio ready to lease at premium market rents. Amenities include on-site laundry, 3 garage spaces, and tandem parking-a true rarity in this submarket. The building also features a brand-new roof, replaced just one year ago, offering peace of mind and reduced capital expenses for years to come. Offering a remarkable 5.46% Cap Rate, this property provides strong in-place income with significant upside potential, making it ideal for savvy investors, short-term rental operators, or homeowners looking to offset living costs. Belmont Shore continues to thrive as Long Beach's premier lifestyle destination. From high-end dining, boutiq

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Laundry Laundry Area

Exterior

Parking Features Assigned Spaces

Garage Spaces 3.0

Pool None

Building

Water District - Public

Others

Tax ID 7256023029

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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159 Roycroft AVE Long Beach, CA 90803

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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